Energy
Energy Articles
After getting torched last week following a short seller report, fuel cell maker Ballard announced some good news this morning that has regained a good bit of last week's share price loss.
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Drilling equipment maker Cactus intends to price more than 21 million shares so that its initial public offering is valued up to more than $468 million.
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Since gasoline prices move nearly lockstep with oil prices, gas prices are likely to sprint toward $3 soon. And there could be an effect on the consumer economy.
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The U.S. onshore oil rig count jumped by 12 this week, following a drop of 10 last week and a gain of 10 the week before. Crude prices rose to around $66.18 following the report from Baker Hughes.
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The weekly report on U.S. natural gas storage showed a larger-than-expected withdrawal last week. That has pushed prices up slightly on the NYMEX.
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The January 12 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 alternative and solar energy stocks was jumbled in the two-week period to January 12. Short interest rose on the solar stocks we follow and fell on the alt energy stocks.
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Even though U.S. crude oil declined by a smaller-than-expected amount, prices rose to more than $65 a barrel for WTI.
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The Merrill Lynch analysts remain positive on the U.S. land-based oilfield services companies, and three are top picks for investors now.
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The U.S. president's decision to slap a tariff on imported solar modules is expected to lead to a decline in new solar projects. But it could have been much worse.
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Fracking services provider FTS International expects to price its more than 15 million shares so that its initial public offering is valued up to more than $313 million.
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Gasoline pump prices did not rise week over week, but they didn't fall either and remain significantly higher than usual for this time of year.
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Global corporate purchases of long-term green energy contracts reached a record high in 2017.
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The largest oil refiner on the East Coast filed for bankruptcy protection over the weekend. Philadelphia Energy Solutions' two plants have a capacity to refine 335,000 barrels a day of crude oil.
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Oilfield services firm Halliburton beat earnings and revenues estimate, excluding a charge for its Venezuelan business and the recent change in the tax law. The CEO is optimistic about the current...
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