oil and gas
oil and gas Articles
The U.S. land-based oil rig count rose by one this week and rigs drilling for natural gas increased by two for a total of 981 working rigs this week.
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The drawdown in U.S. natural gas stockpiles was at the high end of the expected range and pushed prices up by a penny or so for April futures.
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U.S. commercial crude oil inventories increased by 3 million barrels last week, about a third more than expected. Gasoline inventories also rose.
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The February 15 short interest data have been compared with the previous figures, and short interest in most of these selected big oil stocks increased.
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The US 1 list has outperformed the S&P 500 since inception by a large margin. The stocks are among the highest conviction picks at Merrill Lynch and make good additions to any growth portfolio.
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Shares of independent oil and gas producer Carrizo are getting hammered after the company's Tuesday morning earnings report. The numbers look good, but there look to be some hidden weaknesses.
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California approves broader rules for the use of self-driving cars, Softbank's huge investment fund may put money into 100 tech companies, and other important headlines.
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The number of land rigs drilling for oil rose by one this week and the number of rigs drilling for natural gas rose by two. Crude prices maintained a gain of around 1% for the day.
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U.S. commercial crude oil stockpiles unexpectedly dropped last week, pushing the price of crude higher following the EIA inventory report.
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Natural gas prices moved only slightly following an announced withdrawal from storage that was within the ranged expected by analysts.
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Apache released its most recent quarterly results before the markets opened on Thursday.
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Chesapeake Energy beat earnings and revenues estimates for the fourth quarter and the full year. Investors are pushing the stock higher after a forecast for more production and better pricing ahead.
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These five top stocks to buy all make good sense for investors looking to add energy, especially companies with exposure in the Permian Basin.
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The S&P 500 has more than quadrupled since its bottom nearly nine years ago. So how does this stack up against Exxon?
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Energy giant BP released its 25-year energy outlook Wednesday morning. The study sees demand for energy increasing, but much of the increase will be met by further efficiency developments and using...
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