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3 Min Read (Reuters) - Oil producer Apache Corp APA.N and its joint venture partner Total SA TOTF.PA said on Thursday that they made their second significant oil discovery of the year in a closely watched area off the coast of South America's Suriname. FILE PHOTO: The logo of French oil and gas company Total is seen in a petrol station in Paris, France February 6, 2020. REUTERS/Gonzalo Fuentes Shares of Apache were trading more than 12% higher after surging nearly 21% at market open, on a day when oil stocks were generally stronger due to a recovery in global crude prices.

Oil markets keep a wary eye on shale producers’ pledge for restraint By Gerson Freitas Jr, Sheela Tobben and Kevin Crowley on 1/28/2021 (Bloomberg) --Shale producers swear this time is different. After years of profligate spending and unchecked output helped trigger a series of oil-price crashes, U.S. explorers say they’ve learned from their mistakes. They’ve pledged to keep a lid on production, even as crude rebounds amid OPEC supply cuts and the outlook for a recovery from the pandemic-driven global economic collapse. Convincing the market is a...

The Tuesday afternoon analyst calls were focused on Applied Materials, Apache, Bed Bath & Beyond, Palo Alto Networks, and more.

GameStop's 400% rally puts market value atop some in S&P 500 Paul Jarvis, Bloomberg News VIDEO SIGN OUT GameStop Corp. soared for a fourth straight session, catapulting the former small cap’s market value beyond 14 members of the S&P 500, including Marathon Oil Corp. The stock climbed as much as 32 per cent before trimming gains to put its market capitalization at about US$6.5 billion, more than the likes of Apache Corp. and Hanesbrands Inc. It surpassed insurance-provider Unum Group and refiner HollyFrontier Corp. on Monday. Tell me what to buy tomorrow and if you convince me I�...

Oil producer Apache Corp and its joint venture partner Total SA said on Thursday that they made their second significant oil discovery of the year in a closely watched area off the coast of South America's Suriname.