oil and gas
oil and gas Articles
Some of the world's largest oil traders are beefing up their technology chops, hiring more data scientists to help them garner insights into price movements from the masses of available data. One oil...
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Independent oil and gas producer U.S. Energy has acquired the producing assets of bankrupt FieldPoint Energy for $500,000.
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Devon Energy and WPX Energy have agreed to a merger of equals that will create a company that will retain the Devon name and have an enterprise value of around $12 billion.
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While energy remains wildly out of favor, Goldman Sachs is positive on the sector for 2021 and feels that we will see an increase in benchmark pricing next year as the COVID-19 pandemic tapers off...
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Short sellers continued to see profits by betting against oil companies.
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Occidental Petroleum reported Monday that it will make its quarterly $200 million coupon payment to Warren Buffett in cash, not stock, for the third quarter of this year.
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A reported agreement that would get Libyan oil flowing into the export market has sent crude prices tumbling Monday morning.
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Short sellers mostly shaved their positions in oil and gas stocks in the two-week reporting period that ended August 31. Falling crude prices may change their minds again, though.
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Increasing oil production among OPEC+ partners and in the United States is keeping a lid on crude prices and new estimates do not see an end to the oil market glut until late next year or early 2022.
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Investment firm Elliott Management has taken a position of unspecified size in Noble Energy. Chevron has agreed to acquire Noble in an all-stock deal valued at around $5 billion. What is Paul Singer...
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WTI crude oil has dropped nearly 9% early Tuesday as demand has slipped again, leaving bulging inventories and a prediction for continued low prices.
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Oil and gas producer Whiting emerged from a prepackaged bankruptcy on Wednesday. New shares opened at around $15 a share.
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Oilfield services firm Schlumberger is giving its North American fracking business to Liberty Oilfield Services in exchange for a piece of the combined business.
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The analysts at Goldman Sachs feel that oil could rise by 20% or more next year, and now is a great time to add these top stocks, three of which are on the firm's U.S. Conviction list.
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Short interest in oil and gas stocks generally fell during the two-week reporting period that ended August 14. There was, however, one significant exception.
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