Energy
Energy Articles
For the second consecutive week, retail gasoline prices rose by five cents a gallon and the national average price of a gallon of regular gas rose to $2.81 as of Monday morning.
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When BP reports first-quarter results Tuesday morning, analysts are looking for a sharp improvement in both earnings and revenues. The company looks poised to deliver.
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Marathon Petroleum and Andeavor have agreed to merger in a deal that will create the largest oil refining firm in the United States with more than 3 million barrels a day of refining capacity.
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With the Iranian nuclear deal unlikely to make it past the summer in many experts' minds, it may make sense to grab more energy stocks now, as Iran oil exports could drop meaningfully with renewed...
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The price of a gallon of regular gasoline has risen above $3.50 in every major city in California. It is a harbinger of things to come for the rest of the nation.
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The Baker Hughes land-based rig count total rose by eight this week. Five new rigs are out there looking for oil and three are searching for more natural gas.
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Chevron reported earnings that crushed the consensus estimate, but revenues fell short of expectations. Higher prices and rising production worked their magic for the company.
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Exxon Mobil's first-quarter results did not meet consensus expectations when the company reported results Friday morning. Higher oil prices were not enough to offset production declines.
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Exxon Mobil and Chevron are both expected to show higher revenues and profits, largely as a result of higher commodity prices. But there are other issues at play as well.
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The U.S. natural gas stockpile fell again last week during a time a year when it normally rises. But the decline was small and the stockpile should begin to rebuild this week.
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24/7 Wall St. is not counting Exxon and Chevron in its list of companies that have raised their dividends for 50 consecutive years quite yet, but that may change in the years ahead.
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U.S. crude oil inventories dropped more than expected last week, but the biggest changes came in how much crude and refined products were exported.
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Short sellers dumped 20 million shares of Chesapeake Energy shares in the two-week reporting period ended April 13. Could be a short squeeze ahead of next week's earnings report.
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The April 13 short interest data have been compared with the previous figures, and short interest in these selected big oil stocks increased.
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Short interest in solar and alternative energy stocks was mixed in the most recent two-week reporting period. The increases in short interest were larger than the decreases, however.
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