oil and gas
oil and gas Articles
U.S. crude oil stockpiles fell by more than 7 million barrels last week, putting more support under rising crude oil prices. Gasoline and distillate (diesel fuel) inventories increased.
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Clearly this a value play for investors, especially buying shares in front of what is expected to be declining or stagnant earnings. These companies have fought through oil price swings before, and...
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The July 14 short interest data have been compared with the previous figures, and short interest moves for the selected oil stocks were mixed.
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Energy is the only sector that was down in the first half of 2017, so the value is enticing. The question is where to put investment chips now?
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Oilfield services provider Halliburton beat estimates for both profits and revenues this morning. North American well completions were primarily responsible for the company's strong quarter.
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The US onshore oil rig count dropped by one this week according to the weekly report from Baker Hughes. A sharp projected increase in OPEC production reported earlier this morning is keeping a lid on...
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Encana smashed Q2 profit and revenue estimates this morning and has raised guidance on production in its core regions.
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Oilfield services firm Schlumberger reported Q2 results this morning that beat estimates on both profits and revenues. The company's CEO sees "robust" activity in North America and a pick-up in...
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Natural gas prices dipped slightly following the EIA's report that just 28 billion cubic feet were added to US storage last week. US stockpiles remain about 5% above the five-year average for this...
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Pipeline company Kinder Morgan reported Q2 results last night that matched expectations, but the stock got a boost from the company's plan to boost its dividend sharply over the next three years.
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US crude oil stockpiles fell by 4.7 million barrels last week and gasoline inventories dropped by 4.4 million barrels. This may not be altogether good news for producers.
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British oil giant BP is considering a plan to hive off its US pipelines in a master limited partnership (MLP). The company said it would make a decision by the end of the year.
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Many investors and analysts alike have been fighting over what is a good entry point for long-term energy investors. Even the top stocks are down from their 52-week highs, but many of these primary...
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The US Energy Information Administration is expected to report Wednesday a drop of 3 million barrels in the nation's crude oil inventory. Combined with weaker dollar, crude prices are up Tuesday, but...
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Production is expected to rise sharply in seven major US shale oil plays, putting even further pressure on crude oil prices. Natural gas production is also expected to see a large month-over-month...
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