Energy Business

crude oil prices

Halliburton Analyst Still Sees Over 50% Upside

Halliburton Company (NYSE: HAL) was reviewed favorably by Argus in a report on Wednesday, following its earnings release last Monday. The company had reported its earnings as $1.19 in earnings per share ...
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24/7 Wall St. Guide to Fracking

Like many technological advancements, hydraulic fracturing of oil and gas wells -- better known as fracking -- had been essentially sitting on a shelf waiting for the right moment to ...
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Analyst Still Sees 50% Upside in Schlumberger

Schlumberger Ltd. (NYSE: SLB) received mixed news from independent research firm Argus after it reported earnings for its third quarter. As oil service companies and drillers saw their shares gutted ...
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coal train

Has the Peabody Loss Cycle Finally Bottomed Out?

Peabody Energy Corp. (NYSE: BTU) reported third-quarter 2014 results before markets opened Monday. The coal miner’s adjusted diluted earnings per share loss (EPS) came to $0.59 on revenues of $1.72 ...
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Drilling Rig

Halliburton Earnings Confess Drop in New North American Drilling

Halliburton Co. (NYSE: HAL) reported third-quarter 2014 results before markets opened Monday. The oil and gas services company posted adjusted diluted earnings per share (EPS) of $1.19 on revenues of ...
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Biofuel Cans

Why It Matters That Ethanol Prices Are Collapsing

Another bit of fallout from the diving demand for gasoline is just about to hit the front pages. U.S. ethanol producers are approaching the so-called blend wall, a term that ...
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solar energy

J.P. Morgan Sees Big Buying Opportunity in Battered Solar Stocks

Solar and alternative energy stocks as a whole fall into the high beta category. That is the category of stocks that have been hit the hardest in the current market ...
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Drilling Rig

Baker Hughes Earnings Weakened by Geopolitics, Gulf of Mexico Reductions

Baker Hughes Inc. (NYSE: BHI) reported third-quarter results before markets opened Thursday. The oil field services firm reported adjusted diluted earnings per share (EPS) of $1.02 on revenues of $6.25 ...
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Oil pipeline

Kinder Morgan Profits Keep Rolling In

Both Kinder Morgan Energy Partners L.P. (NYSE: KMP) and Kinder Morgan Inc. (NYSE: KMI) reported third-quarter results after markets closed Wednesday. KMP will pay a distribution of $1.39 per common ...
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oil storage terminal

Top High-Yielding and Quality MLPs On Sale After Stock Market Massacre

The plunge in energy prices had been a welcome relief to consumers, but for shareholders of energy companies, it has been a debacle. The energy master limited partnership (MLP) space ...
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oil rig

Ocean Rig Partners Files for IPO — From DryShips

Ocean Rig Partners L.P. filed its F-1 form with the U.S. Securities and Exchange Commission (SEC) for an initial public offering (IPO). No terms were given for the offering, but ...
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Kinder Morgan pipeline

Are MLPs Bottoming Out? (Update)

Being an investor in the sector of master limited partnerships, or MLPs, has been extremely rewarding for years and years. Suffice it to say that the last drop in oil ...
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The 10 Biggest Energy Company Bankruptcies

By Andrew Topf of Running a multi-billion dollar energy company isn't easy. Just ask the executives in the corner suites of some of the energy companies that have gone ...
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4 Stocks to Buy That Could Benefit From an OPEC Production Cut

Unless you have been out of the country, then the chances are good you are seeing the lowest prices for gasoline in the past two years. In fact, in many ...
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Ruby Pipeline laying

Atlas and Targa: Another Very Complicated Major MLP Acquisition

Master limited partnership (MLP) Atlas Pipeline Partners L.P. (NYSE: APL) announced Monday morning that it has agreed to be acquired by Targa Resources Partners LP (NYSE: NGLS) in a cash ...
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