oil and gas

oil and gas Articles

Over five years ago a huge disaster happened that would change the world for BP PLC (NYSE: BP), millions of barrels of crude oil were dumped in the Gulf of Mexico. Finally, the company has come to...
ThinkstockOil refiner Valero Energy Corp. (NYSE: VLO) reported second quarter 2015 earnings before markets opened Thursday morning. Diluted earnings per share (EPS) totaled $2.66 compared with EPS a...
ShutterstockConocoPhillips (NYSE: COP) reported second quarter 2015 results before markets opened Thursday morning. For the quarter, the oil & gas production company posted adjusted diluted...
ThinkstockWhiting Petroleum Corp. (NYSE: WLL) reported second quarter 2015 results after markets closed Wednesday afternoon. For the quarter, the oil & gas E&P company posted adjusted diluted...
ConocoPhillipsConocoPhillips (NYSE: COP) is scheduled to report its second-quarter financial results Thursday before the markets open. There are consensus estimates from Thomson Reuters that call for...
ThinkstockThe U.S. Energy Information Administration (EIA) released its weekly petroleum status report Wednesday morning. U.S. commercial crude inventories decreased by 4.2 million barrels last week,...
ThinkstockWhen energy super-major BP plc (NYSE: BP) reported second-quarter results very early Tuesday morning, the headline number is the $6.3 billion loss attributed to low crude oil prices and a...
ThinkstockIf any sector has been taking a beating it’s energy, and the price of crude continued the downward spiral last week to under $50 again. With West Texas Intermediate 20% below the June...
ThinkstockThe short interest data have been released for the July 15 settlement date. It just so happens that some of the latest short interest readings for major oil companies are backing off highs,...
ThinkstockMost people believe that the depths at which oil & gas producers drill and fracture wells exceed a mile or more below the earth’s surface. A new study reports that about 16% of wells...
ThinkstockEarnings season is well underway, Greece may be closer to being resolved, and China and Iran are being factored into the markets. Still, the S&P 500 slid 2.2% this last week. The trend...
ThinkstockIn the week ended July 24th, the number of rigs drilling for oil in the U.S. totaled 659 compared with 638 in the prior week and 1,562 a year ago. Including 217 other rigs mostly drilling...
Before markets open next Friday, Exxon Mobil and Chevron are scheduled to report second-quarter earnings. Which looks like the better value now?
24/7 Wall St. screened the Jefferies universe of energy stocks for high-quality companies that are rated Buy. These four jumped out at us.
The idea here is not to call a bottom as much as it is to highlight how much these MLPs have come down and how much they could rise if the current analyst expectations were to pan out.