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Armour Energy surges on deal to buy oil, gas assets from Origin Energy

2015-09-03 05:53:49| Oil & Gas - Topix.net

Takeover target Armour Energy has signed its second potentially-transformational deal in as many weeks, agreeing to pay up to $13 million for oil and gas production assets in Queensland owned by Origin Energy and sending its share price up by more than 100 per cent. If completed, the deal will give Armour cash flow within an estimated 12 months, through gas and condensates ventures on the Roma Shelf in the Surat Basin.

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CVC Capital Partners to buy energy business of Polish National Railways

2015-07-27 01:00:00| Power Technology

Private equity firm CVC Capital Partners has signed an agreement to acquire PKPE Energetyka, which is the energy unit of Polish National Railways, in a deal worth zl1.97bn (477m).

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Superior Energy Services (SPN) Stock Upgraded to 'Buy' at Jefferies

2015-07-11 09:14:07| Chemicals - Topix.net

The firm, however, lowered its price target on the stock to $25 from $28. The oil and natural gas company's price target was reduced to reflect weaker North American operations, but the stock was upgraded to reflect the oil industry's likely recovery, Jefferies said in an analyst note.

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Superior Energy Services (SPN) Stock Upgraded to 'Buy' at Jefferies

2015-07-10 21:19:56| Energy - Topix.net

The firm, however, lowered its price target on the stock to $25 from $28. The oil and natural gas company's price target was reduced to reflect weaker North American operations, but the stock was upgraded to reflect the oil industry's likely recovery, Jefferies said in an analyst note.

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Buy Wisconsin Energy When It Yields 4% - Cramer's Lightning Round

2015-06-30 12:29:47| Furniture - Topix.net

Wisconsin Energy : The stock trades at 3.75% yield currently. Cramer advised waiting till the yield gets to 4% and then buying the stock.

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