oil and gas

oil and gas Articles

Raymond James upgraded PetroQuest, as did Iberia Capital. They assigned huge upside target prices on the heels of this speculative company closing on asset sales.
In the week ended June 5, the number of rigs drilling for oil in the United States totaled 642, according to the latest Baker Hughes North American Rotary Rig Count.
The new EPA report on potential impacts of fracking on drinking water is being received warmly by the oil and gas industry.
The EIA reported Thursday morning that U.S. natural gas stocks increased more than expected for the week ending May 29.
The International Energy Agency on Thursday morning released its "Medium-Term Gas Market Report" covering the next five years.
ThinkstockOcean Rig UDW Inc. (NASDAQ: ORIG) is in the market to raise more capital and it’s looking to do so through a secondary offering. Wednesday morning, the company announced that it has...
Despite all the corruption down in Brazil that Petrobras has spent time in the barrel about, the investing public just loaned Petrobras' global finance unit some $2.5 billion in a whopping 100-year...
U.S. commercial crude inventories decreased by almost 2 million barrels last week, according to the U.S. Energy Information Administration.
In an effort to combat OPEC, Congress enacted a crude oil export ban in 1975 that is still in place today, some 40 years later.
The oil services trade is still a contrarian one, to say the least. Oil apparently hit bottom late last year and has since turned much higher, and that is a plus.
So far this year, Chevron and Exxon Mobil have been the fifth and fourth worst performers in the Dow Jones Industrial Average.
In the week ended May 29, the number of rigs drilling for oil in the United States fell to 646, according to the Baker Hughes North American Rotary Rig Count.
The UBS analyst focused on three top companies to buy in the land drilling arena. These are companies they have stayed positive on for some time.
Next Tuesday, the Zacks Multi-Asset Income Index is set for a rebalance. That means there will be some serious buying and selling on the last print Tuesday.
SandRidge Energy has a new plan now to pay down part of its debt, but analysts and investors just do not seem to be impressed.