Energy Business

Oil platform on sea

JPMorgan Out With Top 2017 Oil Services Picks: 6 to Buy Now

What a wild ride 2016 has been for the energy industry. We started the year in a downward spiral, with oil prices bottoming in the mid $20s in February, and ...
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Pipeline

Will Kinder Morgan’s 2017 Budget Plan Get Derailed?

Oil and gas midstream giant Kinder Morgan Inc. (NYSE: KMI) announced after markets closed on Monday its preliminary financial projections for the coming year. The company said it expects to generate ...
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Analysts Keep Upgrading Oil & Gas Stocks in Wake of OPEC Production Cuts

Last week's oil production cut announced by OPEC has really put in a solid floor for oil stocks. Some of the second tier and offshore drillers and exploration companies even ...
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fracking drilling

Chesapeake Energy Reaches $2 Billion in Asset Sales for 2016

Shares of Chesapeake Energy Corp. (NYSE: CHK) rose to within 53 cents of the stock's 52-week high Monday morning, following the announcement that the oil and gas producer is selling ...
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Silhouette of an oil worker using machinery at sunset

15 Major Oil and Gas Analyst Upgrades After OPEC Production Cuts

The week of November 28 to December 2 was less robust in the equity markets than in prior weeks since the election, but do not dare tell that to the oil ...
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Pump Jacks Against at Dusk

WildHorse Resource Announces Potential Pricing for IPO

WildHorse Resource Development filed an amended S-1 form with the U.S. Securities and Exchange Commission (SEC) for its initial public offering (IPO). The company noted in the filing that it ...
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UBS Adds Top Pick Growth and Dividend MLPs to Buy as Oil Rockets Higher

After underperforming for most of the fall, the energy master limited partnerships (MLPs) have taken a solid turn for the better as the prospects for infrastructure growth have increased dramatically ...
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Saudi Arabia

Did OPEC Production Cut Make More Speculative Oil Stocks Rally Too Much?

On a day that the Organization of Petroleum Exporting Countries (OPEC) announces a production cut, which is actually just announcing a formalized cut after previously stating that a cut was ...
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oil field sunset

Permian Basin to Remain Red Hot in 2017: 4 Stocks to Buy Now

If one area in the country continues to draw capital expenditures and growth, it’s the Permian basin in West Texas. With a huge new find, and many of the top ...
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oil tanks

Analyst Has 4 Top Energy Stocks to Buy for a Possible OPEC Cut This Week

One of the major problems for the top oil-producing countries in the Middle East is that for most of them, oil is their export bread-and-butter. With oil prices not able ...
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Solar rooftop

Why Short Interest in Solar Stocks Soared

Short interest moves among solar and alternative energy stocks were mixed during the two-week reporting period that ended on November 15. Of the companies we watch, short interest rose on ...
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Silhouette of an oil worker using machinery at sunset

Short Sellers Grow More Selective in Major Oil

The short interest data have been released for the November 15 settlement date. After the election was decided with the Republican candidate taking the White House, short interest for major ...
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IPO

WildHorse Resource Gears Up for IPO

WildHorse Resource Development has registered an amended S-1 form with the U.S. Securities and Exchange Commission (SEC) for its initial public offering (IPO). No pricing details were listed in this ...
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Oil platform on sea

SeaDrill Clears Low Expectations Bar

Offshore drilling company SeaDrill Ltd. (NYSE: SDRL) posted third-quarter 2016 results before markets opened on Tuesday morning. The company posted adjusted diluted earnings per share (EPS) of $0.28 on revenues ...
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Pipeline - natural gas

Who Wins From Sunoco Logistics, Energy Transfer Partners Deal?

Sunoco Logistics LP (NYSE: SXL) and Energy Transfer Partners LP (NYSE: ETP) announced Monday morning that the two master limited partnerships (MLPs) have entered a merger agreement in an all-stock ...
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