Energy
Energy Articles
Oil & gas producer Chesapeake Energy reported better-than-expected profits and revenue Tuesday morning. Then the company announced a $4 billion acquisition and investors rushed for the exits.
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Oil & gas giant BP reported third-quarter results early Tuesday morning. The company blew past both top and bottom line estimates.
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The national average for a gallon of regular gasoline fell for the third consecutive week and has reached a price last seen by U.S. drivers in April.
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The U.S. land-based oil rig count rose by two this week and the natural gas rig count dropped by one. Spot prices are lower again this week on both energy commodities.
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Oil refiner Phillips 66 blew past estimates for both earnings and revenues. The company's secret: cheap Canadian crude that is only getting cheaper.
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The U.S. Energy Information Administration reported an addition of 58 billion cubic feet to the country's stockpile of natural gas for the week ended last Friday. Commodity prices dipped slightly...
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The October 15 short interest data have been compared with the previous figures, and short interest moves in these selected big oil stocks were mixed.
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Short sellers piled into solar energy stocks in the two-week reporting period that ended October 15. Alternative fuel stocks were also targets.
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The U.S. commercial crude oil inventory rose by 6.3 million barrels last, slightly less than the prior week's total. Refinery maintenance has lowered utilization to below 90% for the third straight...
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The national average price for a gallon of regular gas dropped by nearly 5 cents last week and nearly every state saw a decrease in pump prices for the period.
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Schlumberger has performed horribly in 2018, and the small gain after Friday's earnings announcement has been followed by even more selling pressure.
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A series of leaks from oil wells in the Gulf of Mexico would together create the largest oil spill in U.S. history.
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Oilfield services provider Halliburton reported quarterly results Monday morning that were slightly better than analysts expectations. Investors appear satisfied but the company's bar was set pretty...
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Crude oil prices have been volatile for the past couple of weeks and U.S. supermajors Exxon and Chevron have been getting knocked around.
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The number of land-based rigs drilling for oil in the United States rose by four this week. There are 154 more rigs working this year than at the same point last year.
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