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Pioneer Natural Resources: Buy The Dip

2016-01-29 10:34:11| Auto Dealers - Topix.net

I/we have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. PXD has done way better than its peers in the oil industry this year as far as the stock price is concerned, which indicates the company's resilience.

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California Resources Corp (CRC) Position Sold by West Oak Capital

2016-01-29 06:17:38| Furniture - Topix.net

West Oak Capital closed out its position in California Resources Corp during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission . The firm previously had a 110 share position in the company, valued at approximately $141.

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Hess, Continental Resources to Make Huge Spending Cuts in 2016

2016-01-29 00:22:09| Electronics - Topix.net

According to a release on the Hess website, the company will cut spending from 2015 by 40 percent in the wake of the struggles in oil and the global markets. "In response to the current low oil price environment, we have significantly decreased our 2016 capital and exploratory expenditures and we plan to reduce activity at all of our producing assets," Hess Chief Operating Officer Greg Hill said in a statement on their website.

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Beacon Securities Equities Analysts Lift Earnings Estimates for Tahoe Resources Inc

2016-01-28 20:09:45| Mobile Homes - Topix.net

Investment analysts at Beacon Securities upped their FY2015 earnings per share estimates for shares of Tahoe Resources in a report released on Wednesday, Zacks Investment Research reports. Beacon Securities analyst M. Curran now forecasts that the firm will post earnings of $0.74 per share for the year, up from their prior forecast of $0.68.

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Resources shares gain but FTSE flat

2016-01-28 10:09:55| BBC News | Business | UK Edition

The London market opens flat with oil and mining companies making the best gains at the start of business.

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