oil and gas

oil and gas Articles

Argus has upgraded Exxon Mobil to a Buy rating with a $104 price target, implying an upside of 16% from the current price level.
The EIA weekly petroleum status report noted that U.S. commercial crude inventories increased by 1.4 million barrels last week.
While the oil rally off the February lows has been solid, many analysts are sticking with more conservative large cap sector leaders. This makes sense for investors looking to add some oil exposure...
At the recent Deutsche Bank MLP, Midstream and Natural Gas Conference, attendees were particularly interested in three energy master limited partnerships.
If you wonder how and why economists and analysts can make changes so fast on their energy and commodities outlooks, Goldman Sachs might be among the questioning on Monday, May 16, 2016. After having...
The U.S. Energy Information Administration (EIA) on Monday released its May report on drilling productivity in seven key oil and gas producing regions of the U.S. Overall oil production is projected...
Gold, copper and oil producer Freeport-McMoRan Inc. (NYSE: FCX) traded as much as 10% higher Monday morning, and it is likely due to a confluence of modest improvements rather than a single big...
Since May 1, four more oil and gas exploration and production companies have sought bankruptcy protection, with two filings announced Monday morning.
The national average price for a gallon of regular gasoline rose 1.3 cents in the past week to $2.22. The most common price is $1.99.
Here are seven positive analyst upgrades or initiations from the energy sector during the week of May 14, with a bonus call at the end.
In the week ended May 13, the number of rigs drilling for oil in the United States fell to 318, according to the Baker Hughes North American Rotary Rig Count.
Chesapeake Energy announced Thursday morning that it had agreed to issue more than 28 million shares of common stock in exchange for $153 million in outstanding debt.
U.S. natural gas stocks increased for the week ending May 6, but less than analysts were expecting.
While not the highest yielding MLPs, these are solid plays for investors looking to be in the sector, but not wanting to take undue risk.
U.S. commercial crude inventories decreased by more than 3 million barrels last week, according to the U.S. Energy Information Administration.