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CRC bullish on long-term prospects of Monterey Shale: CEO

2015-04-30 21:11:22| Oil & Gas - Topix.net

California Resources Corp expects that, as oil prices recover, technology may enable extraction of Monterey Shale reserves previously thought to be unrecoverable, the company's chief executive said this week. The company was spun off from Occidental Petroleum Corp in November, three days after an OPEC decision sent prices into a tailspin and contributed to the worst decline since 2008.

Tags: ceo prospects crc monterey

 

Valeant reports stronger Q1 results, issues bullish outlook for Q2 and 2015

2015-04-29 20:49:15| Biotech - Topix.net

Valeant Pharmaceuticals International Inc. has issued first quarter results that beat analyst estimates and boosted its 2015 estimates to account for about US$1 billion of additional revenue from Salix Pharmaceuticals. The Quebec-based company conducted a bidding war for Salix during the first quarter and closed the US$11.1-billion deal on April 1, which marked the beginning of its second quarter.

Tags: results issues reports outlook

 
 

Range Resources CEO is bullish on natural gas prices

2015-04-29 19:33:15| Oil & Gas - Topix.net

Range Resources Corp. saw its first-quarter profits fall on account of lower natural gas prices. But CEO Jeffrey Ventura said the situation won't persist: He's looking for a price recovery to begin later this year and on into 2016.

Tags: range resources prices natural

 

Global corn data could be more bullish

2015-04-24 23:04:00| Corn & Soybean Digest

Corn has backpedaled to fresh new six-month lows as bulls continue to talk about better-than-expected U.S. export demand and problematic planting weather. The primary concerns for the bulls continue to be conditions being too wet out east and to the south. Grain Market Viewpoint read more

Tags: more data global corn

 

Is a bullish weather card still in the deck for corn?

2015-04-10 22:29:00| Corn & Soybean Digest

With the weather wild-card still floating around, I think best practice is to simply remain patient and wait for a move higher to reduce any additional new-crop or old-crop risk. Grain Market Viewpoint read more

Tags: the card weather deck

 

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