4 Energy Stock Stories Making Sparks On Thursday

Halliburton Co. (NYSE:HAL): Closing price $48.54

On Thursday, Halliburton announced the final results of its modified Dutch auction tender offer, which expired at 11:59 p.m., Eastern Time, on August 22. The company has accepted for purchase 68,041,236 shares of its common stock at a purchase price of $48.50 per share, making for an aggregate cost of $3.3 billion, excluding fees and expenses connected with the tender offer. These shares comprise around 7.4 percent of the total number of shares of Halliburton common stock issued and outstanding as of August 26.

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Total SA (NYSE:TOT): Closing price $56.01

The French oil major Total said Thursday that it will purchase Chevron Corp.’s Egyptian retail network for an unreported amount. The transaction will further grow Total’s retail operation in Egypt, since in May, it acquired the Egyptian retail assets of Royal Dutch Shell. Jointly, with its Egyptian partners Beltone Capital and Beltone Private EquityEnergy, Total will buy the downstream assets of Chevron. The annual sales from these assets touched nearly 1.4 million tons last year.

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ConocoPhillips (NYSE:COP): Closing price $66.16

ConocoPhillips on Thursday said that Chairman and Chief Executive Ryan Lance will speak to investors and securities analysts at the Barclays CEO Energy-Power Conference on September 12 at 9:45 a.m. Eastern Time. This presentation will include an outline of the firm’s business strategies, key programs and projects, and plans for providing production and margin growth.

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ReneSola Ltd (NYSE: SOL): Closing price $4.40

ReneSola On Thursday announced it will provide Lightsource Renewable Energy Limited, the number-one solar energy generator in the United Kingdom, with 69.5 megawatts of solar modules for installation on solar farms in the country. Upon installation, the modules should be able to generate sufficient clean electricity to power over 23,000 U.K. households.

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