Heritage Petroleum News

Oil & Gas News for energy industry professionals.

Deals of the day-Mergers and acquisitions

** ATM machine maker Diebold Nixdorf Inc had hired Credit Suisse and Evercore last week to look for potential buyers as it plans to sell itself, CNBC reported on Monday, citing people familiar with the matter. ** VF Corp, one of the world's biggest apparel makers, will spin off Lee and Wrangler jeans into a separate public company, it said on Monday, allowing it to focus on its more profitable Vans sneakers and The North Face outerwear businesses.

Top-level feds to testify on Line 5 oil spill preparedness

Top-level federal officials will gather in northern Michigan next week to testify how prepared they are for a Line 5 oil spill in the Straits of Mackinac. The panel of federal emergency-responders and regulators will join area stakeholders for a hearing before the U.S. Senate Commerce, Science and Transportation Committee on Aug. 20, U.S. Sen. Gary Peters, D-Michigan, announced Monday.

Capital One Financial Weighs in on Natural Gas Services Group, Inc....

Natural Gas Services Group, Inc. Common Stock - Capital One Financial lowered their Q3 2018 earnings estimates for Natural Gas Services Group, Inc. Common Stock in a note issued to investors on Thursday, August 9th. Capital One Financial analyst J. Gibney now forecasts that the oil and gas company will earn $0.09 per share for the quarter, down from their prior estimate of $0.10.

Major Challenges in the Oil and Gas Industry | Quantzig

Aug 13, 2018--Quantzig, a global analytics solutions provider, has announced the completion of their latest article on the major challenges in the oil and gas industry . Nowadays, oil and gas companies have grown considerably as a result of the shortage of resources.

Seven Essential Dallas-Area Restaurants in Gas Stations

Some of the most interesting bites of food in Dallas can be found in a most unlikely location: behind the fuel pumps, next to the scratch-off tickets and the soda machine. Gas station food counters are, for many Dallasites, not just a novel place to eat but a central part of the city's diet.

Ecopetrol S.a.Ecopetrol announces appointment of new Corporate Vice President of Finance

Ecopetrol S.A. announces that as of August 7, 2018, Jaime Caballero Uribe has been appointed the new Corporate Vice President of Finance . Mr. Caballero has more than 20 years of experience with companies in the oil and gas sector, both in Colombia and abroad.

ConocoPhillips (COP) Position Trimmed by Stack Financial Management Inc

Stack Financial Management Inc decreased its holdings in shares of ConocoPhillips by 2.7% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 202,297 shares of the energy producer's stock after selling 5,636 shares during the quarter.

Carrizo Oil & Gas (CRZO) Lifted to "Buy" at Johnson Rice

A number of other analysts have also recently weighed in on the stock. Stifel Nicolaus increased their price target on shares of Carrizo Oil & Gas from $36.00 to $38.00 and gave the stock a buy rating in a research note on Tuesday, August 7th.

Pan American Silver (PAA) to Issue Quarterly Dividend of $0.05

Pan American Silver declared a quarterly dividend on Wednesday, August 8th, Zacks reports. Shareholders of record on Monday, August 20th will be given a dividend of 0.046 per share on Friday, August 31st.

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