oil and gas

oil and gas Articles

The two largest U.S. integrated oil companies, Exxon Mobil and Chevron, have now reported 2013 results, and neither one can claim to have made a very positive impression on investors. Is either a...
ThinkstockIt is one thing to be a sector caught up in an overall market sell-off. It is quite another when the fundamentals are reasonably good and the sector has been sold off already. Given the...
Petrobras is supposed to be a great oil giant, with vase proven and probable reserves, and with a vast opportunity in Brazil. The problem is that nothing seems to go right for the Petrobras...
U.S. State DepartmentFriday’s release of the final supplemental environmental impact statement (SEIS) for the Keystone XL pipeline really contained no surprises. The U.S. State Department had...
ThinkstockThe wait has been long, and still there is no resolution. On Friday afternoon, the U.S. Department of State released its supplemental environmental impact statement (SEIS) related to the...
ThinkstockWorries about emerging markets have weighed on equities again Friday, and those same worries are tamping down prices for crude oil and natural gas. WTI crude is down about 0.5% at midday...
ThinkstockThe U.S. Energy Information Administration (EIA) reported Thursday morning that U.S. natural gas stocks decreased by 230 billion cubic feet for the week ending January 24, compared with an...
QEP Resources announced Thursday morning that the company has added two new members to its board of directors, is preparing to file documents with the SEC to separate its midstream business from the...
Shares of Exxon Mobil reacted to its fourth-quarter earnings report early Thursday. Earnings were down 16%, mostly due to lower production and weaker-than-expected margins in its refining operations.
thinkstockThis week’s cold snap and freak snow storms pushed natural gas futures up more than 10% on Wednesday. That is terrible for consumers who may see their heating bills soar from more usage...
Valero Energy and Phillips 66 reported fourth-quarter and full-year 2013 earnings before markets opened Wednesday morning.
Short interest in several large oil and gas stocks rose in the two-week period to January 15, likely as a result of expected pressure on crude oil prices, refining margins and drilling demand.
In a new research report, the energy team at Merrill Lynch see a more volatile year ahead, anchored on an increasingly seasonal trend as a consequence of rising domestic production and stagnant U.S....
More colder weather is expected in the next couple of weeks and that will keep the price of natural gas volatile. The trend over the next couple of months, though, is likely to be a drop in natural...
ThinkstockInvestor activism has taken on a different path in the last eighteen months or so. Large companies are no longer off limits, and activists have been able to make changes at companies which...