oil and gas
oil and gas Articles
Since the beginning of the year, the Baker Hughes U.S. rig count had fallen from 578 on January 8 to low of 404 in late May. Since then, U.S. producers have added 36 rigs as of last Friday, bringing...
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With some MLPs looking a little toppy after solid runs, these fou appear to be in a better valuation range and perhaps offer better downside protection.
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In the week ended July 8, the number of rigs drilling for oil in the United States rose to 351, according to the latest Baker Hughes North American Rotary Rig Count.
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When Kinder Morgan slashed its annual dividend by 75% late last year, the sky fell on the stock price.
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In a recent research report, UBS lifts their price targets significantly higher for both oil and natural gas, and needless to say, higher prices should mean more revenue for the top MLPs.
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U.S. commercial crude inventories decreased by more than 2 million barrels last week, according to the U.S. Energy Information Administration.
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The EIA reported Thursday morning that U.S. natural gas stocks increased by 39 billion cubic feet for the week ending July 1.
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Enterprise Products Partners is the king of MLPs by size, even if revenue dropped in 2015 and even if revenues are expected to remain muted in 2016 and 2017.
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After a long malaise, things finally may be headed higher for the MLPs. These four solid stocks pay good distributions and for now may be among the best income ideas.
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The national average price for a gallon of regular gasoline fell 2.5 cents in the past week to $2.26.
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Noble Energy announced Tuesday morning that it has agreed to sell a 3% working interest in the Tamar field offshore of Israel to an Israeli partnership for a total of $369 million.
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The United States can now claim to have the largest total recoverable oil reserves in the world, according to Rystad Energy.
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In a decision that may seem counterintuitive, Chevron announced Tuesday that it will proceed with a $36.8 billion expansion at the Tengiz field in Kazakhstan.
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In the week ended July 1, the number of rigs drilling for oil in the United States totaled 341, up by 11 compared with the prior week and a total of 640 a year ago. Including 89 other rigs drilling...
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The U.S. Energy Information Administration (EIA) reported Thursday morning that U.S. natural gas stocks increased by 37 billion cubic feet for the week ending June 24. Analysts were expecting a...
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