oil prices
oil prices Articles
With crude oil ending above $50 for the second week in a row, and with rig counts still rising, it turns out that many more investors have started warming up to the oil patch again.
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The September 30 short interest data have been compared with the previous figures, and short interest for the selected oil stocks was mixed.
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Oil is headed back toward $55, and the respite oil-poor Europe has had when crude was much lower is ending.
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Mammoth Energy Services intends to price more than 7 million shares in the range of $15 to $18 per share for an initial public offering valued up to nearly $165 million.
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The September 15 short interest data have been compared with the previous figures, and short interest for the selected oil stocks was largely down.
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Smart Sand has filed with the U.S. Securities and Exchange Commission (SEC) regarding its initial public offering (IPO).
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The week of September 12 brought a fair number analyst upgrades and downgrades in oil and gas stocks. Some analysts believe many of the energy stocks continue to be very smart buys, based on values...
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RBC also thinks oil bottoms late this year and starts a gradual move toward the $60 level in 2017. The best way for investors to play energy remains the large cap, dividend-paying integrateds.
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The August 31 short interest data have been compared with the previous figures, and short interest for the selected oil stocks was mixed but largely down.
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The price of a gallon of regular gasoline was above $3 not so long ago. There are signs it could get back there by year's end.
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The August 15 short interest data have been compared with the previous figures, and short interest for the selected oil stocks was mixed.
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Petrobras is set to release its second-quarter earnings report, and the consensus estimates call for rising earnings but falling revenue.
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Shares of Chesapeake Energy rose on Thursday after the top natural gas producer agreed to exit the Barnett Shale operating area located in North Texas.
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The July 29 short interest data have been compared with the previous figures, and short interest for most of the selected oil stocks was lower.
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With this earnings report, Chevron is continuing to make progress toward its goal of getting cash balanced. However, recent slumping oil prices have put a damper on the stock.
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