oil and gas
oil and gas Articles
U.S. natural gas in storage rose by 20 billion cubic feet last week, near the low end of the expected range. Natural gas prices have remained near five-month lows.
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Natural gas producer Chesapeake Energy beat profit estimates for the second quarter and met revenue expectations. The company also poured cash into capital projects it expects to pay off later this...
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Several analysts are out today with price target cuts on services companies and other players in the oil and gas industry. Low oil and gas commodity prices ripple through the entire industry.
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U.S. commercial crude oil stockpiles dropped slightly last week, mainly the result of higher refining runs even as imports also rose a bit. Gasoline inventories also fell last week while imports rose...
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Ranger Energy Services intends to price 5 million shares in the range that will result in an initial public offering valued up to more than $103 million.
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With the potential for Venezuelan sanctions, and Middle East nations vowing to continue to cut their production, it may be a solid time to put some capital toward the energy sector.
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These four stocks have massive upside potential. While not suitable for all accounts, for those with higher risk tolerance these stocks could be huge winners for patient investors with a long horizon.
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The last supermajor energy company to report second-quarter earnings, BP this morning posted a beat on profit and revenue estimates and has cut its break-even cost per barrel by more than 20%.
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RBC remains very positive on some top domestic and international energy stocks, many of which posted very strong second-quarter results. These five all offer solid upside and total return potential...
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The U.S. land-based rig count rose by two last week, according to Baker Hughes. New rigs drilling for natural gas were up by six, and the year-over-year increase in rigs rose to 495.
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Chevron fell short of profit estimates when it reported Q2 earnings this morning, even though it reversed big losses posted in the same period last year. Oil prices simply weren't high enough.
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Exxon posted better quarterly profits than in the same period of last year, but still missed the consensus estimate as production slipped below 4 million barrels a day.
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Chevron and Exxon are both scheduled to release their most recent quarterly reports before the markets open on Friday.
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Energy companies reported quarterly earnings in force Thursday morning. Surprisingly, perhaps, investors were more satisfied with E&P results than with refining company results.
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Natural gas for September delivery added about three cents following the EIA report that last week's inventory rose by less than expected.
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