- Tools for Investors
- Stock News
- Investing Ideas
- Econ & Policy
- Personal Finance
Here are Tuesday’s top stories:
Noble Energy, Inc. (NYSE:NBL) will divest Permian Basin oil and natural gas properties to privately equity Sheridan Holding for the price of $320 million. The properties involved include Noble’s interest in some 250 producing wells on approximately 11,000 net acres with a net daily production of more than 1,500 barrels of energy equivalent per day.
Chevron Corporation (NYSE:CVX) has been blacklisted by Iraq from entering future oil agreements in that country’s center and south regions, subsequent to the company’s taking over Reliance’s 80 percent share through which it may explore for oil in the northern Kurdish self-rule region, says CNBC.
Chesapeake Midstream Partners (NYSE:CHKM) reports that it is changing its name to Access Midstream Partners with the ticker symbol ACMP, effective immediately.
Possible collusion between Chesapeake Energy Corporation (NYSE:CHK) and Encana Corporation (ECA will be the subject of an inquiry by Michigan state officials, if two state legislators in Lansing have their way. The state regulators are now being asked to move ahead on the investigation, spurred on by emails which appear to show top executives speculating upon how to avoid bidding against each other during a 2010 public land auction in Michigan and additionally in prospective land deals involving at least nine private landowners in that state.
Don’t Miss: Gold and Silver Outperform in Sea of Red.
Want news like this in real-time so you can get an edge? Click here for Wall St. Cheat Sheet Pro.
Don't miss one of the biggest bull markets in history! Covers Gold, Silver, Gold & Silver stocks, and miners.
There's always a bull market in some sector! Find the best opportunities in commodities.