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ConocoPhillipsConocoPhillips (NYSE: COP) is scheduled to report its second-quarter financial results Thursday before the markets open. There are consensus estimates from Thomson Reuters that call for...
ThinkstockWhen energy super-major BP plc (NYSE: BP) reported second-quarter results very early Tuesday morning, the headline number is the $6.3 billion loss attributed to low crude oil prices and a...
ThinkstockThe short interest data have been released for the July 15 settlement date. It just so happens that some of the latest short interest readings for major oil companies are backing off highs,...
The big three airlines all have seen a significant decline in fuel costs, serving as a strong boost to their respective net incomes. Let's take a look.
It just so happens that some of the latest short interest readings for major oil companies are backing off of highs, while others are attempting to push new highs.
ThinkstockOil futures fell last week, the biggest weekly decline since March, after the U.S. Energy Information Administration (EIA) said that U.S. oil and gas inventories unexpectedly rose the week...
After a large sell-off that started last summer, the energy master limited partnerships may be of some interest. Credit Suisse is backing a trade within the sector.
Despite crude oil prices falling to the low $50 range, ConocoPhillipsis still making a good impression on analysts.
Oil just does not like turmoil. Crude was down about 6% on Monday, and down 10% or so in just the past three full trading days.
Future global financial and economic problems could push crude back to $50, where it traded just four months ago.
The short interest data have been released for the June 15 settlement date, and some of the latest readings for major oil companies are backing off of highs, while others are attempting to push new...
Oppenheimer is downgrading Chesapeake Energy due to its growing losses and its cash flow deficit. The firm is also changing its estimates in light of these losses.
Gulfport Energy is in the process of raising capital for its shale operations. It plans to go about this is through a secondary offering.
It just so happens that some of the latest short interest readings for major oil companies are backing off of highs, while others are attempting to push new highs.
Since the end of December, the United States has added more than a million barrels of oil to the to the nation's Strategic Petroleum Reserve.