PTR
PTR Articles
Markets in Asia fell. The Nikkei dropped 2.4% to 9,421. Toyota (TM) fell on concerns about the economy. The Hange Seng dropped. .7% to 17,734. PetroChina (PTR) fell on dropping oil prices. The...
Published:
Last Updated:
Markets in Asia were higher. The Nikkei rose .9% to 9,786. The Hang Seng was up 1.3% to 17,878. Sinopec (SNP) and China Petroleum (PTR) rose on a the anticipation oil with rise with the US recovery....
Published:
Last Updated:
We keep getting asked a single question from readers and from our own industry and professional contacts: Are Oil Stocks Cheap? There is a very simple answer in today’s markets: Oil stocks look...
Published:
Last Updated:
Markets in Asia rallied sharply and oil stocks moved up as crude hit $71. The Nikkei rose 2.1% to 9,991. The Hang Seng was up 3.3% to 18,660. Petrochina (PTR) and CNOOC (CEO) rallied. The Shanghai...
Published:
Last Updated:
Reuters: Magna and Fiat improved bids for Opel as competition for the firm rose. Reuters: The air cargo market, a key global indicator, has probably bottomed. Reuters: Banks are coming up...
Published:
Last Updated:
Reuters : Intel (INTC) said its results are running better than expected. Reuters : The government is looking at a pay overhaul in the financial sector. Reuters: Economic woes are hurting the...
Published:
Last Updated:
According to Reuters, Bank of America (BAC) will have to raise billions of dollars. Reuters reports that a judge has approved a quick auction of Chrysler assets over the objections of creditors....
Published:
Last Updated:
Leading oil and gas industry news source, Platts, named Brazil’s national oil company Petroleo Brasileiro (NYSE:PBR), aka Petrobras, its hydrocarbon producer of the year for 2008. Platts cited...
Published:
Last Updated:
According to Reuters, world health officials are fighting to contain the new flu. Reuters reports that the government may be pressing Citigroup (C) and Bank of America (BAC) to raise more money....
Published:
Last Updated:
According to Reuters, Obama may be stretched to thin. Reuters reports that AIG (AIG) executives in Europe are resisting returning bonuses. Reuters reports that Obama will begin to tighten the screws...
Published:
Last Updated:
The rate of downgrades versus upgrades is still coming out with a much more negative bias from Wall Street. These are some of the downgrades and negative research calls we have seen from Wall...
Published:
Last Updated:
Oil company share prices have been in near free fall for the past six months. Exxon Mobil (NYSE:XOM) is off about 20% from its 52-week highs and ConocoPhillips (NYSE: COP) is off about 50%, but both...
Published:
Last Updated:
Market in Asia rose sharply. The Nikkei was up 10% to 9,030. Kyocera and Mitsubishi Corp rose sharply. The Hang Seng rose 10.3% to 14,005. CNOOC rose by double digits as did PetroChina (PTR). The...
Published:
Last Updated:
PetroChina (NYSE:PTR) is China’s largest energy company, and it’s getting bigger. The company reported quarterly earnings of $5.83 billion this morning, up 30% from the same period a year ago....
Published:
Last Updated:
Many markets in Asia were lower. But, the Nikkei rose 1.1% to 9,547. The Hang Seng fell 2.4% to 16,438. ICBC fell 2.7%. CNOOC waa off 3.8%. PetroChina (PTR) moved down almost 4%. The Shanghai...
Published:
Last Updated: