Stock Analysts

CNOOC Begins Production at Stampede Field in Gulf of Mexico

Chinese upstream oil major, CNOOC Limited CEO recently announced the start of production at the company's Stampede Field facility located in one of the largest undeveloped fields in the Gulf of Mexico. The deepwater facility, located around 185 kilometers south of Fourchon, LA, has a reservoir depth of 9,100 meters. Its topsides can process around 80,000 barrels of oil and 40 million standard cubic feet of natural gas daily […]

Economic Data

On Falling Knives and Forward Perspectives

Tuesday, February 6, 2018 …Aaand the numbers just keep plummeting. This has been a period of “falling knives,” and plenty of investors who’d grown used to strong, steady gains in the market have been cutting their fingers all over the place. Dow futures now point to another -500 point shedding at today’s market open, virtually evaporating all gains for the year to date, and then some […]

Economic Data

Global Data Deluge

…Aaand the numbers just keep plummeting. This has been a period of “falling knives,” and plenty of investors who’d grown used to strong, steady gains in the market have been cutting their fingers all over the place. Dow futures now point to another -500 point shedding at today’s market open, virtually evaporating all gains for the year to date, and then some. […]

Stock Analysts

Abercrombie’s (ANF) Strategies Drive Stock: What Lies Ahead?

Abercrombie & Fitch Company ANF recently gained on solid holiday results that led to an improved outlook for fourth-quarter fiscal 2017. Moreover, the company has been in the spotlight for its robust strategic capital investments, cost saving efforts, loyalty and marketing programs. However, weakness at its namesake brand along with strained margins remains concerns. […]