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EXCLUSIVE: Anadarko Plans To Cut 1,200 Jobs, Release 95% Of Contractors
Thursday, March 3, 2016 - 10:30am | 194Anadarko Petroleum Corporation (NYSE: APC) has let go of "95 percent" of its contractors and will lay off 1,200-1,500 employees next week, a source familiar with the matter told Benzinga on Thursday morning. The company had 5,800 employees as of December 31, 2015, according to a 10-K...
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Market Wrap For January 10: Job Growth Weak, But Unemployment Falls
Friday, January 10, 2014 - 5:53pm | 2337Major indices ended the day little changed as investors and traders were not sure how to react to today's job reports. 74,000 jobs were added, well below the estimated 196,000. The report proved to be a complete contradiction to every other report previously seen. Related: ETFs Moving On The...
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Seven Stocks Insiders Are Buying
Friday, November 11, 2011 - 12:39pm | 811Insiders may sell shares for any number of reasons. But there is really only one reason insiders buy shares of a company -- they believe the stock price will move higher and they want to profit from it. Pullbacks and sell-offs provide a perfect opportunity for investors who have faith in a company...
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Dahlman Rose Provides Color on the Offshore Drilling Sector
Monday, May 23, 2011 - 7:06am | 155In a research report published today, Dahlman Rose provided color on the Offshore Drilling sector. Dahlman Rose is optimistic about the sector as it sees an increase in activity. In the report, Dahlman Rose states, "The ultra deepwater market has shown improving signals recently, with a flurry of...
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Jefferies Raises PT on Anadarko to $90 (APC)
Friday, February 25, 2011 - 10:36am | 104Jefferies is out with its report today on Anadarko (NYSE: APC), raising its price target from $78 to $90. In a note to clients, Jefferies writes, "Raising PT to $90 from $78 because increases in 1) reserve growth to bring in-line with company guidance, 2) increase in probable estimate as a tiny...
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Jefferies Raises PT On Anadarko To $90
Friday, February 25, 2011 - 8:55am | 26Jefferies & Company has raised the price target on Anadarko (NYSE: APC) from $78 to $90 and maintains its Buy rating.
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Jefferies Energy Update (CLR, APC, COG)
Tuesday, December 7, 2010 - 10:05am | 131Jefferies published its Energy Update today and noted that M&A could play a big role for selective shales in 2011. In a note to clients, Jefferies writes, "While international M&A has been occurring for some time on 3P capture, such valuations have stopped at our borders. However, we sense...
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Coveraged Initiated By MKM Partners
Wednesday, September 29, 2010 - 10:37am | 129MKM Partners has initiated coverage for the following companies: Anadarko Petro (NYSE: APC) Neutral EOG Resources (NYSE: EOG) Sell PT: $85 SandRidge Energy (NYSE: SD) Buy PT: $8 Rex Energy (NASDAQ: REXX) Buy PT: $16 Swift Energy (NYSE: SFY) Neutral InterOil (NYSE: IOC) Neutral Gastar Exp...