crude oil prices
crude oil prices Articles
Goodrich Petroleum announced Monday morning that it would have a secondary public offering of 12 million shares.
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In the week ended February 27, the total number of working drilling rigs in the United States declined again, according to the Baker Hughes North American Rotary Rig Count.
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When oilprices fall, a company may have trouble making interest payments, the cost of capital rises and sources of cash may dry up. The same can be said of sovereign governments and state governments.
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Analysts weighed in on Gulfport Energy in the wake of earnings and adjusted their price targets.
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Both Transocean and SeaDrill reported their better-than-expected fourth-quarter financial results this week.
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Common sense would say that short sellers have made huge bets and boatloads of money as the stocks and commodities around the oil patch have suffered.
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The latest EIA weekly petroleum status report showed the seventh consecutive week of a higher total crude inventories than at any time in at least 80 years.
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If you live in a city or state where the local economy is dependent on or is massively enhanced by the oil and gas sector, it is an understatement to say that people are worried about the drop in oil...
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The Federal Reserve Bank of Dallas has released its Texas Manufacturing Outlook Survey for the month of February.
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Stocks tracking the oil and gas sector have tanked to the point that at least some investors think they might be attractive or would at least be considered value stocks.
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ThinkstockIn the week ended February 20, the total number of rigs drilling for oil in the United States came in at 1,019, compared with 1,056 in the prior week and 1,425 a year ago. Including 291...
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The latest EIA weekly petroleum status report indicated U.S. commercial crude inventories increased last week, the sixth consecutive week of a higher total than at any time in at least 80 years.
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The number of rigs is falling dramatically, and that should mean lower production and a higher price for crude. However, production is not only holding steady, it is booming.
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BMO Capital Markets released its coverage for a major stocks in the oil-and-gas sector. The firm offered three major stocks to buy and two to sell.
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ShutterstockThe sharp cuts we have seen to the number of oil rigs working in the United States has not yet translated into lower production. In fact, in two major oil regions, production rose in...
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