MNV
Market News Video
MNV MNV 10 Oversold Stocks You Need To Know About
MNV
MNV
MNV
MNV
MNV
MNV
MNV


If the video does not load after a few moments, Upgrade to the Latest Flash Player.
MNV Backgroundemail friendsEmail Friendsembed / linkEmbed VideorssRSS Feed standaloneLaunch Standalone Player
Sponsored by: Try ValueForum, the premier value and income stock picking community. Learn about the $5.99 trial
QuoteThis is one of the brightest and most generous groups
you will ever come across.
more testimonials »

Apache to Acquire Exxon North Sea Assets
Wednesday, September 21, 1:19 PM ET

Apache Corporation (NYSE:APA) said today that its Apache North Sea subsidiary has agreed to acquire Exxon Mobilís (NYSE:XOM) Mobil North Sea assets for $1.75 billion. The assets include the Beryl field and related properties, and all told have a current net production of 19,000 barrels of oil and natural gas liquids and 58 million cubic feet of natural gas per day.

Estimated proved reserves at the end of 2010 totaled 68 million barrels of oil equivalent. Apache said the acquisition is expected to increase its North Sea production by 54%, and proved reserves by 44%. The transaction is expected to close at year-end 2011.

Also in the energy sector, Total (NYSE:TOT) is reportedly poised to resume oil production at its 40,000 barrel per day facilities offshore of Libya. Dow Jones said production may restart Sunday or Monday.

Oil is trading at $86.89 a barrel Wednesday ahead of the Federal Reserveís meeting on interest rates, leaving the DB Oil Fund (AMEX:DBO) to trade up about 0.1%.

The Energy Select Sector SPDR (AMEX:XLE) is trading down over 0.2%, and the iShares Dow Jones U.S. Energy Sector Index Fund (AMEX:IYE) is trading down slightly.

For MarketNewsVideo.com, Iím Kristin Bianco.

Apache to Acquire Exxon North Sea Assets picture
Monday 2/8 Insider Buying Report: DST, HEARMonday 2/8 Insider Buying Report: DST, HEAR
Related symbols: DST,HEAR
Friday 2/5 Insider Buying Report: TGI, CITFriday 2/5 Insider Buying Report: TGI, CIT
Related symbols: TGI,CIT
Thursday 2/4 Insider Buying Report: PGR, INSMThursday 2/4 Insider Buying Report: PGR, INSM
Related symbols: PGR,INSM
10 Bargains You Can Buy Cheaper Than Insiders Did
Top Ranked Dividend Stocks With Insider Buying
10 Stocks Crossing Below Book Value
10 Oversold Stocks You Need To Know About
10 Stocks Crossing Above Their 200 Day Moving Average
10 Stocks Crossing Below Their 200 Day Moving Average
The 10 Most Popular Large-Caps in ETFs
The Top 10 DividendRank'ed DJIA Components
Nasdaq 100 Movers: CTSH, NFLXNasdaq 100 Movers: CTSH, NFLX
Related symbols: CTSH,NFLX
S&P 500 Movers: CHK, NEMS&P 500 Movers: CHK, NEM
Related symbols: CHK,NEM
Dow Movers: GS, JNJDow Movers: GS, JNJ
Related symbols: GS,JNJ
S&P 500 Analyst Moves: FBS&P 500 Analyst Moves: FB
Related symbols: FB
Stock message boards
Self Directed Investor
The Warren Buffetts Next Door
Dow Analyst Moves: BADow Analyst Moves: BA
Related symbols: BA
S&P 500 Analyst Moves: PXDS&P 500 Analyst Moves: PXD
Related symbols: PXD
Monday Sector Laggards: Shipping, Oil & Gas Equipment & ServicesMonday Sector Laggards: Shipping, Oil & Gas Equipment & Services
Related symbols: GNK,NMM,ETE,WMB
Monday Sector Leaders: Precious Metals, Water UtilitiesMonday Sector Leaders: Precious Metals, Water Utilities
Related symbols: DRD,GSS,YORW,CTWS
Friday Sector Laggards: Application Software, Entertainment StocksFriday Sector Laggards: Application Software, Entertainment Stocks
Related symbols: DATA,LNKD,LGF,DWA
Monday's ETF with Unusual Volume: QTECMonday's ETF with Unusual Volume: QTEC
Related symbols: QTEC,FB,MSFT,AAPL,NXPI
Monday's ETF Movers: GDXJ, XBIMonday's ETF Movers: GDXJ, XBI
Related symbols: TGZ.CA,LSG.CA,BCRX,HRTX,XBI,GDXJ
EWH, IUSB: Big ETF OutflowsEWH, IUSB: Big ETF Outflows
Related symbols: EWH,IUSB,MPEL
Daily Dividend Report: HAS, V, O, CNA, PRE, BWPDaily Dividend Report: HAS, V, O, CNA, PRE, BWP
Related symbols: HAS,V,O,CNA,PRE,BWP
Daily Dividend Report: BMS, PEP, EL, DTE, APA, KLAC, CE, FLR, ITCDaily Dividend Report: BMS, PEP, EL, DTE, APA, KLAC, CE, FLR, ITC
Related symbols: BMS,PEP,EL,DTE,APA,KLAC,CE,FLR,ITC
Daily Dividend Report: BCE, ICE, AVB, HOG, XYL, OA, UNP, DAL, COFDaily Dividend Report: BCE, ICE, AVB, HOG, XYL, OA, UNP, DAL, COF
Related symbols: BCE,ICE,AVB,HOG,XYL,OA,UNP,DAL,COF
Fed Tapers Bond BuyingFed Tapers Bond Buying
Nonfarm payroll Employment Up 175,000 in FebruaryNonfarm payroll Employment Up 175,000 in February
Initial Claims Decrease, Productivity 1.8% Annual Rate Increase in Q4Initial Claims Decrease, Productivity 1.8% Annual Rate Increase in Q4
Weekly Market Wrap: August 14, 2015Weekly Market Wrap: August 14, 2015
Related symbols: BAC,AMAT,AAPL,S,SYY
Weekly Market Wrap: August 7, 2015Weekly Market Wrap: August 7, 2015
Related symbols: SUNE,BAC,CHK,GRPN,AAPL
Weekly Market Wrap: July 31, 2015Weekly Market Wrap: July 31, 2015
Related symbols: BAC,MU,AAPL,SUNE,FB
Week Ahead Market Report: June 8, 2015Week Ahead Market Report: June 8, 2015
Related symbols: BAC,FTR,AAPL,INTC,MNKD
Week Ahead Market Report: May 18, 2015Week Ahead Market Report: May 18, 2015
Related symbols: BAC,AAPL,VALE,T
Week Ahead Market Report: May 4, 2015Week Ahead Market Report: May 4, 2015
Related symbols: BAC,AAPL,MSFT,ICLD,NOK
All videos » |  Stock market definitions »
MNV
MNV
About Us - Advertise - Contact Us - Embedding Videos - Licensing Videos - Partners - mRSS / RSS Feed - Terms of Use - Privacy Policy - Video Widget
MNV
Home  |  Analyst News  Dividend Report  ETFs  Insider Report  Large Caps  Market Movers  Week Ahead Report  Weekly Market Wrap
MNV
MNV MNV Portfolio Channel Stock Market Definitions
MNV

Apache to Acquire Exxon North Sea Assets | Market News Video | Copyright © 2008 - 2016, All Rights Reserved

Any ideas and opinions presented in all Market News Video clips are for informational and educational purposes only, and do not reflect the opinions of BNK Invest, Inc. or any of its affiliates, subsidiaries or partners. In no way should any content contained herein be interpreted to represent trading or investment advice. None of the information contained herein constitutes a recommendation that any particular security, portfolio, transaction, or investment strategy is suitable for any specific person. All viewers agree that under no circumstances will BNK Invest, Inc,. its subsidiaries, partners, officers, employees, affiliates, or agents be held liable for any loss or damage caused by your reliance on information obtained. Read Full Disclaimer.