oil and gas
oil and gas Articles
Oil industry analysts at IHS Markit forecast the global over-production of crude will amount to 14 million barrels a day in the second quarter. About that much again is expected to go into storage.
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Occidental Petroleum has become the poster child for pursuing a bad and expensive merger in oil and gas. And so, its future looks less than certain.
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The energy sector will remain volatile, but scale buying shares now and being patient could bring some very solid gains for investors over the rest of 2020.
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Exxon Mobil posted a first-quarter diluted earnings per share loss of $0.14 on revenues of $56.16 billion. First-quarter results compare to the consensus estimates for a breakeven quarter on revenues...
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Chevron posted first-quarter EPS of $1.93 on total revenues of $29.71 billion. First-quarter results compare to the consensus estimates for EPS of $0.68 and $29.38 billion in revenues.
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It seems impossible to think that a commodity price could trade below zero. Particularly when you are talking about oil, which still powers most of the world’s transportation at this time. While...
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U.S. oil majors Exxon Mobil and Chevron report first-quarter results Friday morning that will be far below initial expectations. Both, however, will pay their regular dividend for both the first and...
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Oil and gas producer Chesapeake Energy is reportedly preparing a Chapter 11 bankruptcy filing as it tries to dig out from under more than $9 billion in debt.
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Oil driller Diamond Offshore on Sunday filed for bankruptcy protection as it tries to strengthen its balance sheet and reorganize its debt.
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Short interest in oil and gas stocks was mixed in the two-week reporting period ended April 15. The biggest move was a near-halving on short interest in one supermajor.
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Oil and gas production companies have gotten a boost since Monday's crude oil price collapse. But it's only a small boost for the year to date.
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These five energy stocks rated Buy at BofA Securities and trading below the $10 level could be huge winners for patient investors who can see beyond the current turmoil.
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Oilfield services firm Baker Hughes reported first-quarter results that were close to expectations and apparently good enough to put a charge into other stocks in the industry.
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24/7 Wall St. wanted to look for independent oil and gas players that are hedged on their oil production at much higher prices for 2020 and some even out to 2021.
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Monday's plunging crude oil price lifted tanker stocks by double-digit percentages. How long can that last?
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