The U.S. Department of Justice said BP plc (ADR) (NYSE:BP) should remain barred from winning any new contracts with the American government because it has not shown that it is a “responsible” contractor after the 2010 Gulf of Mexico oil spill, reported the Telegraph. BP plc (ADR) (NYSE:BP) stock opened at $46.68 in last trading session, and closed at $46.89, trading in the range of $46.62 – $47.23. The stock showed a negative weekly performance of -1.80%.
Hess Corp. (NYSE:HES) posted its quarterly earnings results on Wednesday. The company reported $0.96 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.30 by $0.34, Stock Ratings Network.com reports. The company had revenue of $5.57 billion for the quarter, compared to the consensus estimate of $2.45 billion. Hess Corp. (NYSE:HES) shares closed at $75.49 on last trade day, by losing -1.36%. Stock 52 week range is $61.32 – $85.15. Company’s market capitalization is $25.48 billion.
TheStreet reiterated their buy rating on shares of Halliburton (NYSE:HAL) in a research note released on Thursday morning, StockRatingsNetwork reports. Halliburton Company (NYSE:HAL) stock decreased -0.87% and finished the last session at $49.01. The EPS of the stock remained 3.15. Company’s market capitalization is $45.48 billion.
Chevron Corporation (NYSE:CVX) Energy Technology Company and GE Oil & Gas announced the creation of the Chevron GE Technology Alliance, which will develop and commercialize valuable technologies to solve critical needs for the oil and gas industry. Chevron Corporation (NYSE:CVX) stock opened at $113.90 in last trading session and closed at $111.63. The 52 week range of the stock is $111.11 – $127.83 and the day range was $111.11 – $113.90.