oil and gas

oil and gas Articles

Jefferies has found three top MLPs that may be outstanding buys for investors as they don’t need to raise capital and could be somewhat insulated from further downward selling pressure.
Moody's posted new forecasts for oil prices in 2016 that are much lower than its earlier projections. Moody's is slow off the mark compared to most forecasters.
The national average price for a gallon of regular gasoline has fallen to $2.01, as oil prices have plunged below $36.
In the period ended December 11, the number of rigs drilling for oil in the United States totaled 524, according to the Baker Hughes North American Rotary Rig Count.
On Wednesday, Freeport-McMoRan said it now plans to spend $1.6 billion on oil and gas capital investments for 2016, down from a previous estimate of $2.0 billion.
EIA reported Thursday morning that U.S. natural gas stocks decreased more than expected for the week ending December 4.
The Kinder Morgan dividend cut is a huge event and may very well mark a bottom in the energy MLP arena.
The November 30 short interest data have been compared with the previous figures, and short interest for the selected oil stocks was ultimately mixed.
U.S. commercial crude inventories decreased by more than 3 million barrels last week, according to the U.S. Energy Information Administration.
There is no way to sugarcoat the beating the sector is taking. Eventually though, the market will balance out and prices will go higher.
The U.S. average price for a gallon of regular gasoline on Monday was just a fraction of a cent higher than the lowest average price for the year to date.
One good way to evaluate the current status of some of the top energy master limited partnerships (MLPs) is how they are rated by Standard and Poor's.
These are some of this week's top analyst calls in oil, gas and alternative energy, but investors need to keep in mind that the energy patch is no safe haven today.
In the period ended December 4, the number of rigs drilling for oil in the United States totaled 545, according to the Baker Hughes North American Rotary Rig Count.
OPEC's strategy of maintaining market share regardless of price continues to cut new exploration and development budgets in the United States and has begun to slow U.S. production.