ConocoPhillips (NYSE:COP)’s CEO Ryan Lance targeted shale boom skeptics Friday, refuting arguments that the surge in oil and gas production will be short-lived, the Houston Chronicle reported. ConocoPhillips (NYSE:COP) stock opened at $64.99 in last session, and closed at $64.68, while the day range of stock is $64.63 – $65.03. The stock showed a negative weekly performance of -0.05%.
BP Plc (ADR) (NYSE:BP) America’s President and Chief Operating Officer John Minge stated on Wednesday that the company is closer to being allowed to make a bid for the federal contacts. Without Specifying about the details, Minge appeared optimistic about the possibilities to reach an agreement with the U.S. BP plc (ADR (NYSE:BP) stock opened at $50.02, in last session and closed at $49.81, by losing -0.10%. The 52 week range of the stock is $39.99 -$50.20. Company’s market capitalization is $153.51 billion.
Equities research analysts at Oppenheimer cut their price target on shares of Chevron (NYSE:CVX) from $140.00 to $130.00 in a research note issued to investors on Wednesday, Stock Ratings Network.com reports. Chevron Corporation (NYSE:CVX) stock decreased -1.68% and finished the last session at $112.68. The EPS of the stock remained 11.08. Company’s market capitalization is $216.70 billion.
Exxon Mobil Corporation (NYSE:XOM) announced the start of natural gas production at the Damar field off the east coast of Peninsular Malaysia. ExxonMobil subsidiary, ExxonMobil Exploration and Production Malaysia Inc., has a 50% interest in the project. Exxon Mobil Corporation (NYSE:XOM) stock opened the session at $95.48, and closed the session at $95.03. The 52 week range of the stock remained $84.79 -$101.74 and the day range was $94.94 – $95.58.
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