oil and gas
oil and gas Articles
The EIA released its weekly petroleum status report Thursday morning, a day later than usual due to the Memorial Day holiday.
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The EIA reported Thursday morning that U.S. natural gas stocks increased more than expected for the week ending May 22.
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As a whole, it appears that as oil prices continue to rise, investors are becoming more optimistic and short sellers are backing off.
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Credit Suisse's view is that oil prices will weaken in the near term, before rising in the fourth quarter. What does this mean?
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While sentiment on MLPs is improving, caution still remains, and stock selection will be the key going forward as the sector continues to heal.
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ThinkstockIs it possible that the never-ending rig count decline is ending in North Dakota? There could be good news headed the way of companies like Whiting Petroleum Corp. (NYSE: WLL), Nabors...
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Equities have been getting pummeled on the first day of trading after the long Memorial Day weekend, and the energy sector is taking the heaviest beating.
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ThinkstockThe collapse of crude oil prices that started last Fall and continued through the first half of March this year has forced many U.S. producers to delay new drilling or well completions...
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ThinkstockIn the week ended May 22nd, the number of rigs drilling for oil in the U.S. totaled 659 compared with 660 in the prior week and 1,528 a year ago. Including 222 other rigs mostly drilling...
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It is one thing to try to catch the proverbial falling knife. It is quite another to have the patience and make sure a real turn is underway, as the Merrill Lynch team has done.
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The EIA reported Thursday morning that U.S. natural gas stocks increased less than expected for the week ending May 15.
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The latest EIA weekly petroleum status report showed U.S. commercial crude inventories decreased by 2.7 million barrels last week.
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While Deutsche Bank had many other top MLPs to buy in its initiation of the sector, we stuck with the higher profile names with the solid balance sheets.
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Linn Energy said Tuesday morning that it had priced a secondary offering and expects to receive up to $208 million in net proceeds.
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The strong reaction to Petrobras earnings has been tempered by a nearly equally strong reaction to Monday's announcement that the company will issue another $1 billion in debt.
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