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Oil States International latest news:
BRIEF-Oil States To Acquire GEODynamics
Oil States International Inc(OIS): * OIL STATES TO ACQUIRE GEODYNAMICS. * Oil States International Inc(OIS) - TOTAL TRANSACTION CONSIDERATION OF $525 MILLION CONSISTS OF A COMBINATION OF $300 MILLION OF CASH AT DEAL CLOSING. * Oil States International Inc (OIS) - TRANSACTION IS EXPECTED TO BE IMMEDIATELY ACCRETIVE.
Oil dips on rising U.S. fuel stocks, but OPEC's supply cuts support market
Oil prices dipped on Wednesday, as refined product inventories in the United States rose in what the market interpreted as a sign of lackluster demand.
Should You Hold ONEOK (OKE) Stock in Your Portfolio Now?
ONEOK Inc OKE is gaining from acquisition of ONEOK Partners higher fee based earnings as well as systematic investment to expand and strengthen operation in prolific oil and gas basins in the United States ONEOK Partners will be accretive to the company s distributable cash flow from
Oil prices rise to two-year high on Keystone pipeline outage
U.S. crude oil rose to a two-year high on Friday, as the shutdown of a major crude pipeline from Canada to the United States tightened North American markets.
Oil up on ongoing OPEC cuts, but rising US output weighs
Oil prices rose on Tuesday, supported by expectations of an extended OPEC-led production cut, although rising output in the United States capped gains.
Boot Barn's stock jumps to 10-month high after analyst boosts rating, price target
Shares of Boot Barn Holdings Inc. shot up 6.4% toward a 10-month high in afternoon trade Wednesday, after J.P. Morgan upgraded the western and work-related footwear and apparel retailer. The stock has now run up 48% since Boot Barn reported fiscal second-quarter profit, revenue and same-store sales that beat expectations after the Nov. 2 close. J.P. Morgan analyst Matthew Boss raised his rating to overweight, after being at neutral since April 2016, and nearly doubled his stock price target to $17 from $9. After hosting a meeting with Boot Barn management, Boss came away more confident that sales have stabilized and that e-commerce has swung to a tailwind from a headwind the past three quarters, while the balance sheet has strengthened. Boss said that suggests company has "weathered the storm" of earnings compression it has suffered the past two years. He also stable-to-rising oil and gas prices suggests the economic backdrop in the key oil-and-gas states that Boot Barn operates in are improving. Despite the rally this month, the stock was still down 0.6% year to date, while the SPDR S&P Retail ETF has lost 9.1% and the S&P 500 has climbed 15%.Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.
Oil markets firm on Middle East tensions, but US drilling caps gains
* Middle East tensions raise risk of supply disruptions. * But increase in U.S. oil drilling caps prices. By Henning Gloystein. Oil markets opened the week cautiously on Monday amid ongoing tensions in the Middle East and after a rising rig count in the United States suggested producers there are preparing to increase output.
France's Vallourec lifts guidance on U.S. drilling rebound
French steel pipe maker Vallourec raised its 2017 financial guidance on Thursday for the second time since July, after higher oil and gas revenue in the United States and cost cutting helped it swing to a core profit in the third quarter.
BRIEF-Oil States reports Q3 loss $0.30/shr
* Q3 earnings per share view $-0.25 -- Thomson Reuters
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Interior to offer largest oil and gas lease sale in US
The Interior Department says it will propose the largest oil and gas lease sale ever held in the United States — nearly 77 million acres in the Gulf of Mexico off the coasts of Texas, Louisiana, Mississippi, Alabama and Florida.
BRIEF-Oil States International revises Q3 guidance on Harvey impact
* Oil States revises third quarter 2017 guidance due to the
impacts of Hurricane Harvey
Trump to cut off key Obamacare subsidies: report
President Donald Trump intends to cut off key payments to health insurers, Politico reported Thursday night, in his most aggressive move yet to scrap Obamacare. Politico said the $7 billion in annual subsidies could end almost immediately, since Congress has not allocated any funds for the program. For months, Trump has threatened to cut off the payments, but many Republican lawmakers opposed the move because of the turmoil it could cause to insurance markets, including increased premiums. Politico said Trump may announce the cuts Friday. Late Thursday night, the attorneys general of New York and California said that a coalition of states would sue to preserve the subsidies if Trump moves against them. Earlier Thursday, Trump signed an executive order encouraging cheap insurance plans not subject to Affordable Care Act rules.Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.
Oil up on lower U.S. rig count, expectation of Saudi output restraint
Oil prices edged up on Monday, after a 2 percent slide on Friday, as the number of rigs drilling for new oil in the United States dipped.
Oil up on lower U.S. rig count, expectation of ongoing Saudi output restraint
SINGAPORE (Reuters) - Oil prices edged up on Monday, after a 2 percent slide on Friday, as the number of rigs drilling for new oil in the United States dipped and on expectations that Saudi Arabia would continue to restrain its output to support the market.
Oil up on expectation of Saudi production restraint, lower U.S. rig count
SINGAPORE (Reuters) - Oil prices edged up on Monday, after a 2 percent slide on Friday, on expectations that Saudi Arabia would continue to restrain its output in order to support prices, and as the amount of rigs drilling for new oil in the United States dipped.
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