oil and gas

oil and gas Articles

U.S. natural gas stocks increased by more than expected for the week ending June 10, according to the U.S. Energy Information Administration.
One trend that we have started to see at the investment banks that we cover here at 24/7 Wall St. is a move down the capitalization ladder in the energy sector, and with good reason.
By one count, some 3 billion barrels of crude oil valued at about $840 billion have gone missing since the end of 2014.
U.S. commercial crude inventories decreased by 900,000 barrels last week, according to the U.S. Energy Information Administration.
A recent survey found 82% of respondents said they now favor oil field services to E&P stocks, a huge shift from May.
In a new research report, Merrill Lynch reinstates coverage of oil field services with what they analysts call a “selective” view.
The U.S. Energy Information Administration (EIA) on Monday released its June report on drilling productivity in seven key oil and gas producing regions of the U.S. Overall oil production is projected...
What a nice rally energy investors have experienced since the lows that were printed in early February. However, some are now getting more expensive than others.
The price of crude has been challenging $50, and many investors and those in oil feel that perhaps the worst has been seen in the oil patch.
In the week ended June 10, the number of rigs drilling for oil in the United States totaled 328, according to the Baker Hughes North American Rotary Rig Count.
It doesn’t take a genius to figure out that as the Chinese economy swings away from an export dependent model to a more services and consumer oriented one that demand for energy will increase.
The May 31 short interest data have been compared with the previous figures, and short interest for most of the selected oil stocks decreased.
RBC Capital Markets downgraded Chesapeake to Underperform on Thursday, a $5 price target.
The U.S. Energy Information Administration (EIA) reported Thursday morning that U.S. natural gas stocks increased by 65 billion cubic feet for the week ending June 3.
RBC has three stocks in the oilfield services sector that look particularly well positioned now. They make good sense for investors looking to add oilfield services stocks to a portfolio.