oil and gas
oil and gas Articles
Phillips 66 has long been a staple of Warren Buffett's portfolio and it is now attracting the attention of an Oppenheimer analyst.
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The oil services trade is still a contrarian one, to say the least. The pain in the industry is not going away anytime soon, so sticking with the top names makes the most sense.
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Argus dropped its rating on Kinder Morgan stock from Buy to Hold, citing doubts about the company's ability to pay its dividend given recent earnings.
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The U.S. Energy Information Administration (EIA) reported that U.S. natural gas stocks decreased by 53 billion cubic feet for the week ending November 27.
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U.S. commercial crude inventories increased by 1.2 million barrels last week, according to the U.S. Energy Information Administration.
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Despite a transformation that already is underway, more layoffs are headed to Schlumberger's workforce.
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Deutsche Bank notes that despite a production decline, prices for oil stocks have had trouble gaining ground. These four leaders are the best way to play the energy sector now.
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In the period ended November 25th, the number of rigs drilling for oil in the U.S. totaled 555 compared with 564 in the prior week and 1,572 a year ago. Including 189 other rigs drilling for natural...
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The U.S. Energy Information Administration reported that U.S. natural gas stocks increased for the week ending November 20
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The U.S. Energy Information Administration (EIA) released its weekly petroleum status report Wednesday morning. U.S. commercial crude inventories increased by 1 million barrels last week, maintaining...
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The U.S. profit margin for oil is slim -- it costs $36/barrel to produce and currently sells for $40 - $44/barrel.
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If the price of oil hits $20, gas could touch $1 in several states.
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In the week ended November 20, the number of rigs drilling for oil in the United States totaled 564, according to the Baker Hughes North American Rotary Rig Count.
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The Texas Workforce Commission (TWC) has released some individual state data on jobs in the state. While Texas continues to add jobs, and while the unemployment rate is far better than the national...
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It seems that not a week goes by unless we see Chesapeake Energy post another new low, due in part to its long-term debt and liabilities.
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