oil and gas
oil and gas Articles
Freezing production is hardly the final answer to a world bloated with oil. What it does say, finally, is that producers are willing to make the tough choices necessary to boost prices from multiyear...
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Nabors Industries Ltd. (NYSE: NBR) reported fourth quarter and full-year 2015 results after markets closed Tuesday. For the quarter, the oilfield services company reported an adjusted diluted net...
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Shares of struggling oil and gas producer Chesapeake Energy traded as high as 15% above Friday's close on Tuesday morning, even though both oil and gas futures were trading softer.
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In a new research report, RBC noted that some companies have already reaffirmed their distribution outlooks for the entire year of 2016.
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There is an agreement among Saudi Arabia, Russia, Venezuela and Qatar that the four producing nations would freeze output at January levels.
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Wall Street analysts still think some oil companies offer incredible long-term upside. Here are four oil and gas stocks with recent analyst upgrades or very positive calls.
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In the week ended February 12, the number of rigs drilling for oil in the United States dropped to 439, according to the Baker Hughes North American Rotary Rig Count.
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Shares of Whiting Petroleum fell more than 15% in early trading Friday. There are a couple of likely reasons why.
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So far in 2016, sixoil and gas exploration and production companies have filed for bankruptcy protection.
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The EIA reported Thursday morning that U.S. natural gas stocks decreased less than expected for the week ending February 5.
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The Deutsche Bank team has cut price targets on many refining stocks. However, they do stay positive on three top pick companies that are still rated Buy.
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Now that West Texas Intermediate Crude (WTI) oil has dipped under $30 per barrel, investors and industry watchers are even more concerned about the oil and gas stocks than ever.
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U.S. oil production for 2015 from shale formations is expected to reach 5.2 million barrels of oil equivalent per day.
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U.S. commercial crude inventories decreased by 800,000 barrels last week, according to the U.S. Energy Information Administration.
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The January 29 short interest data have been compared with the previous figures, and short interest for the selected oil stocks is largely down.
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