oil and gas

oil and gas Articles

If commodity prices do not improve, or if the economy gets worse again, then drastic and previously unthinkable measures could become necessary for Exxon Mobil, even the dreaded right-sizing of the...
Pioneer Natural Resources has agreed to buy oil and gas firm Parsley Energy in an all-stock deal valued at $4.5 billion.
Oilfield services firm Baker Hughes met third-quarter profit estimates and beat revenue estimates. The company bested its chief rivals by posting the smallest year-over-year decline in revenues. It's...
The ConocoPhillips purchase of Concho Resource has many on Wall Street wondering who will be next. These two firms are contenders, according to Goldman Sachs, and their stocks are on the firm's...
ConocoPhillips has agreed to acquire Concho Resources for $9.7 billion in stock and the assumption of around $4 billion in Concho debt. The combined company will have an enterprise value of around...
Oilfield services firm Halliburton reported earnings Monday morning that beat on profit and missed slightly on revenue. After rival Schlumberger's Friday report took share prices for both down...
In a contrarian call, Goldman Sachs considers these six top oilfield services stocks worth buying now. They may be out of favor, but they make sense for growth stock investors who feel that adding...
ConocoPhillips is reportedly in discussions to acquire Concho Resources in yet another big deal for the oil patch.
Analyst Neal Dingmann at Truist has raised his rating and price target on Cimarex Energy stock, citing the potential for a sharp improvement in free cash flow.
Low crude oil prices are supporting short sellers who increased their positions in the two-week reporting period that ended September 30.
Over the past year, NextEra's share price has risen sharply, while Chevron's has dropped by almost a third and Exxon's has tumbled by virtually half. Is there a message in the bottle, and will either...
Some top energy companies have been bludgeoned to the point of near extinction and offer incredible entry points for investors with a long-term horizon. These five stocks are solid ways to play an...
Shares of energy midstream company Targa Resources jumped nearly 10% early Monday following the company's announcement of a $500 million stock buyback program.
Keystone XL owner TC Energy has offered to buy the shares of TC Pipelines that it does not already own for about $1.48 billion.
Oil and gas producer Oasis Petroleum filed a prepackaged bankruptcy plan Wednesday morning that the company expects to be accepted by November.