oil and gas
oil and gas Articles
Exxon Mobil reported preliminary second-quarter results that missed profit estimates but beat revenue expectations largely due to higher oil prices.
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Two major energy patch transactions were announced Friday morning. BP paid $10.5 billion for shale assets in Texas and Louisiana while Chesapeake sold assets in Ohio for around $2 billion.
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The U.S. natural gas stockpile added 24 billion cubic feet last week, well short of estimates. The Energy Information Agency is predicting that this year's injection season will come up about 10%...
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The U.S. crude oil stockpile fell by more than 6 million barrels last week, more than double the expected drop. Gasoline inventories also posted a much larger-than-expected drop.
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These three hammered sector leaders that may not be poised to jump at once but could be offering investors looking for oilfield services exposure the best entry point in years.
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The July 13 short interest data have been compared with the previous figures, and short interest in these selected big oil stocks was mixed.
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A proposed rule on tax collections and payments last March threatened the vitality, if not the existence, of the pipeline infrastructure companies organized as master limited partnerships. The...
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Halliburton appears to be suffering from its worst one-day drop in almost four years, and it was the worst performing S&P 500 stock on Monday.
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Even after the latest oil price declines, prices are still much higher than last year. These five top energy stocks to buy have outstanding upside potential.
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The number of U.S. land-based rigs drilling for oil fell by five this week and the natural gas rig count fell by two. The decline has sent crude prices higher.
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In a recent research note, the analysts at Jefferies made a big move by adding a top media and entertainment company to the firm's well-respected Franchise Picks list of stocks to Buy.
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Oilfield services company Schlumberger reported quarterly earnings Friday morning that met analysts' expectations but revenues were just a little short. The CEO remains confident about the second...
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The U.S. Energy Information Administration reported an addition of 46 billion cubic feet to the nation's natural gas storage inventory last week, considerably less than expected. Prices moved higher...
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The U.S. crude oil inventory added nearly 6 million barrels last week compared with consensus estimates for a decline of more than 3 million barrels. Gasoline inventories fell more than expected,...
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The Intercontinental Exchange will launch a WTI crude oil contract this quarter for oil physically delivered to Houston from the Permian Basin.
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