oil and gas
oil and gas Articles
Oil and gas supermajors Exxon Mobil and Chevron report second-quarter results Friday morning. Low prices for both oil and natural gas is expected to hit results hard.
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Oil and gas giant Shell reported second-quarter results Thursday that included a $22.3 billion noncash, pr-tax impairment charge on the value of its assets.
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Short sellers reduced their positions in big oil and gas stocks in the two-week reporting period ending July 15. But prices on the stocks have continued to move lower.
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Schlumberger finds itself in deep trouble financially, but only partially. As part of the solution, it has done what many huge companies have.
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Oilfield services firm Schlumberger reported second-quarter adjusted earnings per share of $0.05 on revenues of $5.4 billion before markets opened on Friday. That was somewhat better than expected.
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Goldman Sachs has seven oil and gas stocks on its Conviction Buy list, and it even has one solar stock. The firm believes all these energy stocks have considerable upside ahead.
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Energy infrastructure giant Kinder Morgan posted a net loss for the second quarter due to sharp declines in demand for natural gas transportation over its vast pipeline system.
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Summertime always means one thing in the United States: summer vacation. This year is profoundly different around the nation due to the COVID-19 pandemic. Many Americans are afraid to get on an...
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Oilfield services firm Halliburton reported better-than-expected results Monday morning, giving the shares a much-needed boost.
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Chevron announced Monday that it has agreed to acquire Noble Energy in an all-stock deal valued at $13 billion including Noble's debt.
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U.S. travelers have shunned travel during the COVID-19 pandemic, but the drop in air travel has been substantially greater than the decline in automobile travel.
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Short interest in oil and gas stocks slipped a bit in the two-week period that ended June 30. Crude prices have been relatively flat for about six weeks.
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The International Energy Agency now forecasts a demand decline of nearly 8 million barrels a day in 2020, largely due to the COVID-19 pandemic.
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With the stock market way overbought, and many investors looking for value ideas, beaten-down energy giants may be an outstanding idea now. Investors that can see past the current environment could...
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While investors were not happy about Dominion Energy's sale of natural gas assets and other major changes to the company's business, analysts were more upbeat.
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