Unemployment Rate Drops To 7 Percent, As Economy Adds 200,000 Jobs In Nov.

Deutsche Bank changed its recommendation on shares of Cabot Oil & Gas – a major Marcellus and Eagle Ford Shale operator – causing that stock to move in today’s trading session. The investment bank is also optimistic on the US refining sector – putting a buy rating on Phillips 66 – formerly ConocoPhillip’s refining division. And lesser-known Memorial Production Partners – an MLP – is also discussed in this video. The partnership’s properties are located in California, the Rockies region, the Permian Basin, Texas and Louisiana.