Oando Energy Resources’ (OER) says it has raised all funds necessary to conclude the acquisition of ConocoPhillips (NYSE:COP) Nigerian assets. It also says in a statement that there is not an ongoing $330 million sale of its drilling subsidiary, Oando Energy Services (OES). ConocoPhillips (NYSE:COP) stock opened at $64.98 in last session, and closed at $64.92, while the day range of stock is $64.87 – $65.20. The stock showed a positive weekly performance of 0.60%.
Petroleo Brasileiro S.A. (ADR) (NYSE:PBR) announced Thursday that well 9-SPS-77, in Sapinhoa Field, in the Santos Basin pre-salt offshore Brazil in Block BM-S-9, went on stream last Tuesday, Feb. 18 at 5:15 pm. This well, which produces 33,000 barrels per day (bpd), is interconnected to FPSO Cidade de Sao Paulo through a pioneering system. Petroleo Brasileiro Petrobras SA (ADR) (NYSE:PBR) stock opened at $11.26, in last session and closed at $11.28, by gaining 1.35%. The 52 week range of the stock is $10.63 – $19.65. Company’s market capitalization is $73.57 billion.
Share price of Chevron (NYSE:CVX) has recently rebounded by almost 5% since reaching its 52-week low of $109.27 in early February. Chevron Corporation (NYSE:CVX) stock advanced 0.88% and finished the last session at $114.60. The EPS of the stock remained 11.08. Company’s market capitalization is $220.40 billion.
BP plc (ADR) (NYSE:BP)‘s stock had its “neutral” rating reaffirmed by equities researchers at Goldman Sachs in a research report issued on Friday,American Banking News.com reports. BP plc (ADR) (NYSE:BP) stock opened the session at $49.73, and closed the session at $49.86. The 52 week range of the stock remained $39.99 – $49.96 and the day range was $49.61 – $49.96.
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