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CRC bullish on long-term prospects of Monterey Shale: CEO

2015-04-30 22:02:49| Energy - Topix.net

California Resources Corp expects that, as oil prices recover, technology may enable extraction of Monterey Shale reserves previously thought to be unrecoverable, the company's chief executive said this week. The company was spun off from Occidental Petroleum Corp in November, three days after an OPEC decision sent prices into a tailspin and contributed to the worst decline since 2008.

Tags: ceo prospects crc monterey

 

CRC bullish on long-term prospects of Monterey Shale: CEO

2015-04-30 21:11:22| Oil & Gas - Topix.net

California Resources Corp expects that, as oil prices recover, technology may enable extraction of Monterey Shale reserves previously thought to be unrecoverable, the company's chief executive said this week. The company was spun off from Occidental Petroleum Corp in November, three days after an OPEC decision sent prices into a tailspin and contributed to the worst decline since 2008.

Tags: ceo prospects crc monterey

 
 

Union Pacific Missed On Top And Bottom Lines In Q1, But Prospects Are Looking Up

2015-04-26 15:12:50| Railroads - Topix.net

In Q1 2015 it missed on revenues by -$100 million at $5.61B. It missed on EPS by -$0.07 at $1.30 per common share.

Tags: top up looking lines

 

Abbott Labs Increases In Price But Doesn't Have Great Growth Prospects

2015-04-26 08:22:19| Biotech - Topix.net

This is a slow and steady stock which has beaten the market over the past year but doesn't have great long-term earnings growth projections. I'm not buying any more shares of the name right now and may actually close the position in May. The last time analyzed Abbott Labs , I stated, "After doing this analysis I will hold off on buying anymore shares in the name after this week but when February rolls around for my quarterly portfolio change-out the stock my no longer be present in the portfolio."

Tags: price great growth increases

 

AK Steel's Strong Long-Term Prospects Make It a Good Buy

2015-04-21 04:24:12| Steel - Topix.net

AK Steel recently reported its fourth quarter results that topped the analysts' consensus. Year over year revenue improved, but earnings declined considerably on account of higher operating cost and lower steel prices.

Tags: make good buy strong

 

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