oil and gas

oil and gas Articles

Cowen has put together a ton of data from energy firms, and it sees the rig count starting to climb in 2016.
The latest EIA weekly petroleum status report indicated that U.S. commercial crude inventories decreased by 2.7 million barrels.
In the week ended June 12, the number of rigs drilling for oil in the United States fell to 635, according to Baker Hughes.
24/7 Wall St. scanned the Jefferies coverage universe of companies, and found four oil services stocks rated Buy that had at least 20% upside to the price target.
Oppenheimer is downgrading Chesapeake Energy due to its growing losses and its cash flow deficit. The firm is also changing its estimates in light of these losses.
Independent oil and gas producer Hess says it had sold a 50% stake it its midstream assets in the Bakken shale play to Global Infrastructure Partners.
EIA reported Thursday morning that U.S. natural gas stocks increased by more than 110 billion cubic feet for the week ending June 5.
With the Marcellus and Utica shales still producing well, and demand perking up, the Jefferies team is positive on three area natural gas producers that are rated Buy.
In its June report, the International Energy Agency said that May's global crude oil supplies fell by 155,000 barrels a day.
The U.S. Energy Information Administration released its latest weekly petroleum status report Wednesday morning.
Gulfport Energy is in the process of raising capital for its shale operations. It plans to go about this is through a secondary offering.
It just so happens that some of the latest short interest readings for major oil companies are backing off of highs, while others are attempting to push new highs.
The Cowen team is staying with big cap stocks that pay outstanding dividends. In a sector that could remain volatile, that makes very good sense for investors.
In the monthly update to its Short-Term Energy Outlook, the U.S. Energy Information Administration (EIA) on Tuesday lowered its estimated average price for Brent crude oil.
Since the end of December, the United States has added more than a million barrels of oil to the to the nation's Strategic Petroleum Reserve.