Exclusive: U.S. banks prepare to seize energy assets as shale boom goes bust [Reuters]
JP Morgan Chase & Co. (JPM)
Last jp morgan chase & co. earnings: 4/14 06:43 am
Check Earnings Report
US:NYSE Investor Relations:
jpmorganchase.com/corporate/investor-relations/investor-relations.htm
Company Research
Source: Reuters
Exclusive: U.S. banks prepare to seize energy assets as shale boom goes bust NEW YORK (Reuters) - Major U.S. lenders are preparing to become operators of oil and gas fields across the country for the first time in a generation to avoid losses on loans to energy companies that may go bankrupt, sources aware of the plans told Reuters. JPMorgan Chase & Co, Wells Fargo & Co, Bank of America Corp and Citigroup Inc are each in the process of setting up independent companies to own oil and gas assets, said three people who were not authorized to discuss the matter publicly. The banks are also looking to hire executives with relevant expertise to manage them, the sources said. The banks did not provide comment in time for publication. Energy companies are suffering through a plunge in oil prices caused by the coronavirus pandemic and a supply glut, with crude prices down more than 60% this year. Although oil prices may gain support from a potential agreement Thursday between Saudi Arabia and
Show less
Read more
Impact Snapshot
Event Time:
JPM
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
JPM alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
JPM alerts
High impacting JP Morgan Chase & Co. news events
Weekly update
A roundup of the hottest topics
JPM
News
- Resurgence of international equities has ‘room to run' [Investment Executive - News]Investment Executive - News
- Market still leaning into AI theme, despite energy volatility, says JPMorgan's Aliaga [CNBC]CNBC
- Equifax Inc. (EFX) Q1 2026 Earnings Call Transcript [Seeking Alpha]Seeking Alpha
- JPMorgan Chase to add 400 jobs, open major new office in SouthPark [Yahoo! Finance]Yahoo! Finance
- CarMax (KMX) Q4 2026 Earnings Transcript [Globe and Mail, The (Toronto, Canada)]Globe and Mail, The
JPM
Earnings
- 4/14/26 - Beat
JPM
Sec Filings
- 4/21/26 - Form 424B2
- 4/21/26 - Form 424B2
- 4/21/26 - Form 424B2
- JPM's page on the SEC website