On Thursday, Shares of Citigroup Inc. (NYSE:C), lost -2.93% to $55.33.
Citigroup will issue its third quarter results via press release at about 8:00 AM (ET) on Thursday, October 15, 2015. At 11:00 AM (ET), results will be reviewed via live webcast and teleconference.
Citigroup Inc., a diversified financial services holding company, provides various financial products and services for consumers, corporations, governments, and institutions worldwide. The company operates through two segments, Global Consumer Banking (GCB) and Institutional Clients Group (ICG).
Shares of Denbury Resources Inc. (NYSE:DNR), declined -2.13% to $3.62, during its last trading session, as Crude oil prices are ongoing their yearlong plunge amid the global oil supply glut and some analysts think the commodity’s decline will only get worse before it gets better, according to Fortune.
The price of U.S. oil has fell to nearly $40 per barrel this week — its lowest point in six years and nearly a 60% decline from last summer’s highs — and The Wall Street Journal reports that analysts at Citigroup think there is “a 90% likelihood” that the price will drop closer to $30 a barrel very soon.
Denbury Resources Inc. operates as an independent oil and natural gas company in the United States. The company primarily focuses on improved oil recovery utilizing carbon dioxide.
Finally, BP p.l.c. (NYSE:BP), ended its last trade with -0.81% loss, and closed at $34.38, hitting its lowest level.
At least one Midwestern refinery is said to be considering a delay in maintenance work after trouble at BP Plc’s Whiting plant near Chicago sent regional profit margins to a seven-year high, according to Bloomberg.
Phillips 66 is weighing the postponement of a planned September turnaround at its Wood River, Illinois, refinery by several weeks, people familiar with the deliberations said. The Energy Information Administration estimated Tuesday that as much as 140,000 barrels a day of gasoline output is being lost after leaks at the biggest crude unit in the Whiting refinery reduced operations there. Bloomberg Reports
BP p.l.c. operates as an integrated oil and gas company worldwide. It operates in three segments: Upstream, Downstream, and Rosneft. The Upstream segment engages in the oil and natural gas exploration, field development, and production; midstream transportation, and storage and processing; and marketing and trade of natural gas, counting liquefied natural gas (LNG), and power and natural gas liquids (NGL).
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