oil and gas

oil and gas Articles

Oilfield services firm Halliburton reported fourth-quarter and full-year 2019 results Tuesday morning. The company took an impairment charge but managed to beat lowered earnings and revenue estimates.
Schlumberger released better than expected fourth-quarter financial results before the markets opened on Friday.
BP has been a dead stock since its Deepwater Horizon disaster in 2010. Jefferies feels that is about to change as it was named into a Top Franchise Picks list in overseas analyst coverage. Get ready...
Microsoft is already high on the list in ESG indexes and exchange-traded funds. Now the software and technology giant has an even larger environmental goal: it wants to be carbon negative.
Schlumberger is scheduled to release its fourth-quarter financial results before the markets open on Friday.
Recent geopolitical events in the Middle East caused world oil prices to spike but the effect was soon reversed. The overall balance in global oil supply and demand should continue at least through...
While still out of favor, the top energy MLPs may hold not only good upside value and potential but also may be the ticket for dependable income for investors with sticker shock over what many income...
The easing of trade tensions between the United States and China is expected to lift global economic growth in 2020. OPEC expects demand for oil to put a strain on supplies, raising prices for the...
Short interest in oil and gas stocks rose in the final two weeks of December. Since then, crude prices have been volatile due to the confrontation between the United States and Iran, reaching a...
Merrill Lynch had been trying to remain firm in the energy sector, but it just lowered its energy sector exposure from its model income portfolio at the start of 2020.
Occidental Petroleum has agreed to reduce its stake in Western Midstream to less than 50% this year and give up some control of Western's general partner. Oxy also sheds about $7.8 billion in debt,...
The U.S. rocket attack that killed a top Iranian leader sent oil prices sharply higher. How big the eventual rise will be and how long higher prices will endure are reasonable questions.
2020 is expected to be another strong year for stocks, but oil and gas giant Exxon Mobil released data that is being viewed as a reason to expect lower fourth-quarter earnings, according to Wall...
While the stock market is poised for a bad end to the week, both gold and oil are skyrocketing higher on the global tension.
Stifel feels there are a host of positives in 2020 for the beleaguered oilfield services stocks that could lead to strong earnings growth.