Oil and Gas

In a just published Form 13, filed with the US Securities and Exchange Commission (SEC), Power Solutions International Inc. (NASDAQ:PSIX) reported that Frontline Ltd has picked up 9,607,972 of common stock as of 2017-03-27. The acquisition brings the aggregate amount owned by Frontline Ltd to a total of 9,607,972 representing...

Ocean Rig UDW Inc (NASDAQ:ORIG) share prices are up 22.58% to $2.28 after the company announced its purchase of a UDW drillship through its subsidiary. Ocean Rig UDW Inc (NASDAQ:ORIG) announced early on this week that a subsidiary of the company had bought a sixth generation UDW drillship at auction for...

In a just published Form 13, filed with the US Securities and Exchange Commission (SEC), Foster L B Co. (NASDAQ:FSTR) reported that Legion Partners Asset Management, Llc. has picked up 924,480 of common stock as of 2017-03-10. The acquisition brings the aggregate amount owned by Legion Partners Asset Management, Llc....

Clayton Williams Energy, Inc. (NYSE:CWEI) shares were up 15.51% to $22.95 on Monday after reports of insider trading by Ares Management. Clayton Williams Energy, Inc. (NYSE:CWEI) shares had been trading between a 52-week range of $6.35 to $73.15 so there's still significant room to climb if buyers stay in the...

Natural Resource Partners LP (NYSE:NRP) shares rose to $18.12 and posted an additional 0.17% gain in after-hours trading on Monday. The company has previously announced a sale of its non-operated oil and gas working interest assets for $116.1 million. Natural Resource Partners owns, operates, manages and leases a portfolio of mineral properties...