oil and gas
oil and gas Articles
The trend for higher oil and gas rigs has held up of late, and a report from the Dallas Federal Reserve branch in the week of September 30 showed that the energy sector's activity rose in the third...
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Cheniere Energy announced Friday morning that it has offered to acquire all publicly held shares of Cheniere Energy Partners LP Holdings that it does not already own.
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Merrill Lynch feels an OPEC production cut in November could push market share to non-OPEC producers, especially those in the U.S. shales, and that in turn could be big for oilfield services.
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OPEC members agreed a production cut and the price of oil has responded to the news.
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U.S. natural gas stocks increased by less than expected for the week ending September 23, according to the U.S. Energy Information Administration.
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Icahn's sale caused Chesapeake's shares to dive about 6% on Monday. But when Icahn announced his sale of Transocean stock late Wednesday, the company's shares drifted down only fractionally.
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24/7 Wall St. has searched its research database for international integrated oil companies that may be the winners in a race to supply an oil-thirsty China.
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U.S. commercial crude inventories decreased by nearly 2 million barrels last week, according to the U.S. Energy Information Administration.
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Ferrellgas Partners shares sank to a new 52-week low Wednesday morning after reporting a big net loss per share for its fourth fiscal quarter.
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Weatherford International has agreed to pay a $140 million fine to settle charges that the company inflated earnings by using deceptive income tax accounting.
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The question for many investors who have purchased higher yielding bond proxies like utilities, real estate investment trusts and energy master limited partnerships is what sector will act the best...
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The September 15 short interest data have been compared with the previous figures, and short interest for the selected oil stocks was largely down.
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Analysts across Wall Street remain very positive on exploration and production companies that are doing the lion's share of their drilling in the Permian basin in West Texas.
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In the week ended September 23, the number of rigs drilling for oil in the United States rose to 418, according to the latest Baker Hughes North American Rotary Rig Count.
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The week of September 23 brought numerous analyst upgrades and downgrades in oil and gas stocks, even though much of the industry remains in a zombie mode right now.
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