Breaking News Instant updates and real-time market news.

COP

ConocoPhillips

$65.78

-0.06 (-0.09%)

08:11
04/18/19
04/18
08:11
04/18/19
08:11

ConocoPhillips agrees to sell UK E&P subsidiaries for $2.68B

ConocoPhillips announced it has entered into an agreement to sell two ConocoPhillips United Kingdom subsidiaries to Chrysaor E&P Limited for $2.68B, plus interest and customary adjustments. Together, the subsidiaries indirectly hold the company's exploration and production assets in the U.K., as well as associated decommissioning liabilities. ConocoPhillips will retain its London-based commercial trading business and its 40.25% interest in and operatorship of the Teesside oil terminal. Proceeds from this transaction will be used for general corporate purposes. Full-year 2018 production and year-end 2018 proved reserves associated with the U.K. assets being sold were approximately 72 thousand barrels of oil equivalent per day and approximately 99 million barrels of oil equivalent, respectively. The effective date for the transaction will be Jan. 1, 2018. The transaction is subject to regulatory approval and other specific conditions precedent. The sale is expected to be completed in the second half of 2019.

  • 30

    Apr

  • 14

    May

COP ConocoPhillips
$65.78

-0.06 (-0.09%)

03/05/19
MSCO
03/05/19
NO CHANGE
MSCO
Morgan Stanley downgrades Energy sector to Equal Weight from Overweight
Morgan Stanley equity strategist Michael Wilson said the firm's strategy team expects further declines in earnings forecasts for the Energy sector and are moving to Equal Weight from Overweight on the sector while they remain overweight Utilities. The firm's Energy and Utilities analysts highlight Baker Hughes (BHGE), Bloom Energy (BE), BP (BP), ConocoPhillips (COP), FirstEnergy (FE), Marathon Petroleum (MPC), Suncor (SU), TechnipFMC (FTI) and Tenaris (TS) as their top picks.
03/21/19
PIPR
03/21/19
UPGRADE
Target $75
PIPR
Overweight
ConocoPhillips upgraded to Overweight from Neutral at Piper Jaffray
Piper Jaffray analyst Blake Fernandez upgraded ConocoPhillips to Overweight from Neutral with an unchanged price target of $75. The analyst attributes the stock's year-to-date underperformance to concern over major project spending risk. However, he believes this is embedded in current valuation levels. Project sanctions could put upward pressure on capital spending in an environment when investors are demanding discipline, Fernandez tells investors in a research note. That said, his modeling "conservatively contemplates" increased spending into 2020, yet still reflects "strong" free cash generation for ConocoPhillips at $60 per barrel Brent.
03/21/19
03/21/19
UPGRADE

Fly Intel: Top five analyst upgrades
Catch up on today's top five analyst upgrades with this list compiled by The Fly: 1. Apple (AAPL) upgraded to Strong Buy from Buy at Needham with analyst Laura Martin stating that Apple has five types of "network effects," including the strongest type, namely hardware-based direct network effects. 2. Qorvo (QRVO) upgraded to Buy from Neutral at Goldman Sachs with analyst Toshiya Hari saying he's beginning to see early signs of smartphone unit stabilization with channel checks indicating near-term upside in China will offset "marginal weakness" at Apple. 3. Arista Networks (ANET) upgraded to Conviction Buy from Buy at Goldman Sachs with analyst Rod Hall seeing "significant upside potential" to consensus expectations driven by Arista's expansion into campus switching. 4. ConocoPhillips (COP) upgraded to Overweight from Neutral at Piper Jaffray with analyst Blake Fernandez attributing the stock's year-to-date underperformance to concern over major project spending risk, which he believes is embedded in current valuation levels. 5. Diplomat Pharmacy (DPLO) upgraded to Outperform from Market Perform at Raymond James with analyst John Ransom saying the 56% decline in shares since the February earnings delay provides a valuation that could be attractive to a strategic buyer. This list is just a portion of The Fly's full analyst coverage. To see The Fly's full Street Research coverage, click here.
04/16/19
GSCO
04/16/19
UPGRADE
Target $11
GSCO
Neutral
Cenovus Energy upgraded to Neutral with $11 price target at Goldman Sachs
Goldman Sachs analyst Neil Mehta upgraded Cenovus Energy (CVE) to Neutral from Sell and raised his price target for the shares to $11 from $7.50. The analyst cites improvements to the company's leverage outlook and a more constructive commodity price environment, particularly for Canadian heavy crude, for the upgrade. However, he stills see more upside to Buy-rated ConocoPhillips (COP), Canadian Natural Resources (CNQ), Suncor (SU) and Imperial Oil (IMO) among large cap North American oils than Cenovus.

TODAY'S FREE FLY STORIES

SYNA

Synaptics

$64.93

5.6 (9.44%)

, AVGO

Broadcom

$311.89

-15.5 (-4.73%)

12:05
12/13/19
12/13
12:05
12/13/19
12:05
Recommendations
Synaptics, Broadcom, Samsung analyst commentary  »

Rosenblatt doesn't…

SYNA

Synaptics

$64.93

5.6 (9.44%)

AVGO

Broadcom

$311.89

-15.5 (-4.73%)

SSNLF

Samsung

$0.00

(0.00%)

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

CDE

Coeur Mining

$7.34

0.38 (5.46%)

12:05
12/13/19
12/13
12:05
12/13/19
12:05
Options
Coeur Mining call volume above normal and directionally bullish »

Bullish option flow…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

EGRX

Eagle Pharmaceuticals

$59.30

0.13 (0.22%)

12:03
12/13/19
12/13
12:03
12/13/19
12:03
Hot Stocks
Eagle granted orphan status for organophosphate exposure treatment »

The FDA granted Eagle…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

D

Dominion

$80.98

0.25 (0.31%)

12:02
12/13/19
12/13
12:02
12/13/19
12:02
Hot Stocks
Dominion raises 2020 dividend by 2.5% to $3.76 per share from $3.67 per share »

The board of Dominion…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 13

    Jan

PRVB

Provention Bio

$11.39

0.2 (1.79%)

12:00
12/13/19
12/13
12:00
12/13/19
12:00
Conference/Events
Provention Bio management to meet with SVB Leerink »

Meetings to be held in…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 17

    Dec

  • 18

    Dec

PHR

Phreesia

$25.76

-2.91 (-10.15%)

12:00
12/13/19
12/13
12:00
12/13/19
12:00
Hot Stocks
Phreesia falls -10.2% »

Phreesia is down -10.2%,…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 13

    Dec

SSI

Stage Stores

$5.72

-0.66 (-10.34%)

12:00
12/13/19
12/13
12:00
12/13/19
12:00
Hot Stocks
Stage Stores falls -11.1% »

Stage Stores is down…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

VNCE

Vince Holding

$21.20

-3.52 (-14.24%)

12:00
12/13/19
12/13
12:00
12/13/19
12:00
Hot Stocks
Vince Holding falls -14.7% »

Vince Holding is down…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

BORR

Borr Drilling

$7.77

0.53 (7.32%)

12:00
12/13/19
12/13
12:00
12/13/19
12:00
Hot Stocks
Borr Drilling rises 8.8% »

Borr Drilling is up 8.8%,…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

12:00
12/13/19
12/13
12:00
12/13/19
12:00
General news
Treasury Action: yields have dropped to the lows of the session »

Treasury Action: yields…

COE

China Online Education

$6.41

0.48 (8.09%)

12:00
12/13/19
12/13
12:00
12/13/19
12:00
Hot Stocks
China Online Education rises 10.7% »

China Online Education is…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

RBS

RBS

$6.73

0.57 (9.25%)

12:00
12/13/19
12/13
12:00
12/13/19
12:00
Hot Stocks
RBS rises 9.4% »

RBS is up 9.4%, or 58c to…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

TNDM

TNDM

11:56
12/13/19
12/13
11:56
12/13/19
11:56
Hot Stocks
FDA grants marketing of Tandem Diabetes Care Control-IQ Technology »

The Food and Drug…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

JWN

Nordstrom

$38.41

-1.265 (-3.19%)

11:55
12/13/19
12/13
11:55
12/13/19
11:55
Options
Nordstrom put volume heavy and directionally bearish »

Bearish flow noted in…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

NEO

NeoGenomics

$26.50

-0.09 (-0.34%)

11:54
12/13/19
12/13
11:54
12/13/19
11:54
Conference/Events
NeoGenomics management to meet with Leerink »

Meeting to be held in New…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 16

    Dec

SPT

Sprout Social

$0.00

(0.00%)

11:54
12/13/19
12/13
11:54
12/13/19
11:54
Syndicate
Breaking Syndicate news story on Sprout Social »

Sprout Social opens at…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 13

    Dec

RP

RealPage

$53.46

-0.08 (-0.15%)

11:51
12/13/19
12/13
11:51
12/13/19
11:51
Conference/Events
RealPage management to meet with Stephens »

Meetings to be held in…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 17

    Dec

  • 18

    Dec

PSX

Phillips 66

$113.21

-0.5 (-0.44%)

, DCP

DCP Midstream

$23.14

-0.56 (-2.36%)

11:49
12/13/19
12/13
11:49
12/13/19
11:49
Hot Stocks
Phillips 66 announces $3.3B capital budget for 2020 »

Phillips 66 (PSX)…

PSX

Phillips 66

$113.21

-0.5 (-0.44%)

DCP

DCP Midstream

$23.14

-0.56 (-2.36%)

CVX

Chevron

$118.25

-0.59 (-0.50%)

CVE

Cenovus Energy

$9.66

0.05 (0.52%)

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 13

    Jan

  • 12

    Feb

  • 23

    Mar

AMZN

Amazon.com

$1,760.20

-0.24 (-0.01%)

, MRVL

Marvell

$25.70

0.05 (0.19%)

11:49
12/13/19
12/13
11:49
12/13/19
11:49
Hot Stocks
Linux Foundation unveils networking OS Dent, Amazon one of six premier members »

The Linux Foundation, the…

AMZN

Amazon.com

$1,760.20

-0.24 (-0.01%)

MRVL

Marvell

$25.70

0.05 (0.19%)

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 06

    Jan

CL

Colgate-Palmolive

$67.65

0.43 (0.64%)

11:45
12/13/19
12/13
11:45
12/13/19
11:45
Options
Colgate Palmolive call volume above normal and directionally bullish »

Bullish option flow…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

11:45
12/13/19
12/13
11:45
12/13/19
11:45
General news
NY Fed's Williams said the economy is in a very good place »

NY Fed's Williams…

AMN

AMN Healthcare

$59.29

-0.77 (-1.28%)

11:43
12/13/19
12/13
11:43
12/13/19
11:43
Conference/Events
AMN Healthcare participates in a conference call with Benchmark »

Conference call with CFO…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 17

    Dec

BBBY

Bed Bath & Beyond

$15.19

-0.64 (-4.04%)

11:35
12/13/19
12/13
11:35
12/13/19
11:35
Options
Bed Bath & Beyond put volume heavy and directionally bearish »

Bearish flow noted in Bed…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 08

    Jan

TNDM

TNDM

11:34
12/13/19
12/13
11:34
12/13/19
11:34
Hot Stocks
Breaking Hot Stocks news story on TNDM »

Tandem Diabetes trading…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

TLRY

Tilray

$18.70

-0.17 (-0.90%)

11:31
12/13/19
12/13
11:31
12/13/19
11:31
Conference/Events
Tilray conference call will now be held on December 18 hosted by Benchmark »

Cannabis Analyst Hickey…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 16

    Dec

Get Full Fly Access

Breaking market intelligence sent straight to you
Our team of experts analyze every news story and filter out the noise to deliver real-time market moving news.
Up-to-date information on important industry events
Get real-time updates on events that are moving the market—from conferences and calls to syndicate announcements.
News focused on the companies in your portfolio
Create up to 12 portfolios with 150 stocks each, and see how active they are in market news.