I have been a critic of oil and gas company InterOil (NYSE:IOC ... and the stock collapsed. Bre-X eventually went bankrupt and the stock went to zero. While InterOil hasn't been proven yet to be a fraud, investors should be wary. The …
The Colombo stock index ended 0.40 percent weaker at 6,466.07 ... raised retail prices for gasoline and diesel last week in response to increases in global oil prices. Lanka IOC, a subsidiary of Indian Oil Corp, also increased fuel prices.
Lower-than-expected net profit by IOC and HPCL too contributed to the weekly losses ... Business Standard reported that the company and the National Stock Exchange are in talks for a potential merger. United Breweries ended 0.5% higher …
The stock lost 6.7 percent as global brokerage houses CLSA ... HDFC Bank, …
State-owned oil companies such as HPCL, BPCL, IOC, ONGC and OIL plunged …
According to the U.K.’s Daily Mail, Teck has retained Bank of America (BAC) to advise it during the bid. BAC has reportedly obtained the approval of Chandler Corporation, which holds an almost 20% stake in IOC, and is …
John Thomas' Wayne Kaufman has called IOC their "favorite energy stock," and the financial brokerage has a prior investment banking relationship with InterOil, via Clarion Finanz, according to Antar. (Antar has accused InterOil, John …
IOC scrip closed at Rs 213.20 on the BSE, 45 percent below the 52-week peak of Rs 375 reached on January 18. New Delhi: State-owned Indian Oil Corp (IOC) has opposed the government move to sell 10 percent stake in the company as …
However, I continue to believe that a major operator will never sign with IOC. In my opinion, the spot where IOC's stock is now, in the $80s, is the highest it will ever be again. So much damage has come to the company in the past week, …
Some of the biggest gainers among energy stocks include: Suburban Propane Partners L.P. (SPH): SPH stock is up 0.6% today. Interoil Corp (IOC): IOC stock is up 0.1% today. Some of the biggest losers among energy stocks include: …