oil and gas
oil and gas Articles
While the stock market is poised for a bad end to the week, both gold and oil are skyrocketing higher on the global tension.
Published:
Stifel feels there are a host of positives in 2020 for the beleaguered oilfield services stocks that could lead to strong earnings growth.
Published:
Short interest in oil and gas stocks generally declined in the two-week period through December 13, primarily due to an OPEC+ decision to reduce production by a total of 2.1 million barrels a day...
Published:
Exxon has begun producing from its first well offshore of Guyana. The well is expected to produce 120,000 barrels a day when it reaches full capacity. The company also revealed it had struck oil at...
Published:
Saudi Arabia and Kuwait are expected to sign an agreement on Tuesday that could restart about 500,000 barrels a day of crude oil production.
Published:
2019 was a tough year for energy companies, particularly oil and gas producers caught between low energy prices and investor demand for returns. 2020 may be a different story for some of the firms...
Published:
Energy pipeline operator Tallgrass Energy Partners has agreed to be acquired by affiliates of Blackstone for about $4 billion in cash.
Published:
Oil and gas producer WPX Energy on Monday announced a deal to acquire privately held Felix Energy for $2.5 billion in cash and stock. Investors like the deal.
Published:
Permian Basin oil wells are more productive than ever before, but output is also declining at a faster pace than ever before.
Published:
Short sellers increased their positions on three of six energy stocks we track while crude oil prices are up by about $2 a barrel over the past month.
Published:
Saudi Arabian national oil company, Saudi Aramco, will begin trading Wednesday in Riyadh. It's the biggest IPO in history, but still far below what the country had originally hoped for.
Published:
One Wall Street firm predicts that the next few years could bring a turnaround for the top companies in the beleaguered energy sector, because the turnaround in oil pricing could be dramatic.
Published:
OPEC and its partners have agreed to cut an additional 500,000 barrels a day of crude oil production during the first quarter of 2020. The reduction is not likely to make much difference to oil...
Published:
OPEC is expected to announce that the cartel will slash an additional 500,000 barrels a day from production, lowering daily global crude oil supply by 1.7 million barrels a day.
Published:
The semi-annual meeting of OPEC oil ministers begins Thursday in Vienna. The cartel is wrestling a number of issues that are competing for attention as it tries to determine the best path forward to...
Published: