Quantcast

Posts related to ‘Oil & Gas’

CME Lowers Energy & Metals Margin Trading Requirements (CME, GLD, USO, SLV, JJC)

Posted: February 9, 2012 at 5:37 pm

CME Group Inc. (NYSE: CME) is going to make it cheaper for traders to trade energy and metals futures, something which could make it easier and cheaper for traders, speculators, ...
Read Full Story »

Is the U.S. REALLY Closer to Energy Independence?

Posted: February 7, 2012 at 10:30 am

The U.S. does not really feel any closer to energy independence.  There is too much infighting and attacking the companies which can help that energy independence, even if some attacks are ...
Read Full Story »

Lower Coal Demand, Odd Investor Outlook (ANR, PCX, BTU, CNX, ACI, KOL)

Posted: February 6, 2012 at 12:12 pm

US coal miners had a tough fourth quarter and most are expecting the same conditions for at least the first half of 2012. Alpha Natural Resources Inc. (NYSE: ANR), Patriot ...
Read Full Story »

Enerkem IPO Filing: Waste to Biofuel… Back to the Future!

Posted: February 3, 2012 at 3:25 pm

Enerkem Inc. has filed its paperwork with the SEC for an initial public offering.  The company did not list any terms of the IPO but its filing is for up ...
Read Full Story »

Exxon Mobil… When $121 Billion in Quarterly Sales Is Not Good Enough (XOM)

Posted: January 31, 2012 at 8:37 am

Exxon Mobil Corporation (NYSE: XOM) is out with earnings.  Big Oil's fourth quarter showed net earnings gain of about 2% to $9.4 billion, or $1.97 EPS. Thomson Reuters had estimates ...
Read Full Story »

Chevron Earnings Could Act As DJIA Drag (CVX, XOM, DIA)

Posted: January 27, 2012 at 9:00 am

Chevron Corporation (NYSE: CVX) is out with earnings.  Regardless of the rhetoric, endless earnings growth is not just assured.  The earnings of $5.1 billion sounds massive, but that is down from ...
Read Full Story »

IMF: Iran Oil Export Halt Could Raise Crude by 30%

Posted: January 26, 2012 at 6:31 am

The International Monetary Fund says the nations that would set sanctions against Iran’s oil exports will pay for their convictions with crude prices that could rise as much as 30%. ...
Read Full Story »

U.S. Energy Picture in 2035?

Posted: January 24, 2012 at 6:40 am

It takes a fair amount of arrogance to predict anything that will happen two decades from now. That has not stopped that U.S. Energy Administration from issuing an early version ...
Read Full Story »

Gas Prices March Higher

Posted: January 23, 2012 at 6:35 am

High gasoline prices are supposed to be an indication of a prosperous economy. They also are supposed to be a significant threat to future economic prosperity. If that is true, the U.S. ...
Read Full Story »

China’s Next Big Energy Playing Field – Canada?

Posted: January 20, 2012 at 1:45 pm

Depressed stock prices are always attractive to investors willing to take risks. And many Canadian energy firms’ stocks are in the doldrums, fueling talk of takeover bids, which leave many ...
Read Full Story »

Schlumberger Tops Estimates (SLB, HAL, BHI)

Posted: January 20, 2012 at 7:33 am

The first of the big oil field services to report quarterly earnings is also the largest: Schlumberger Ltd. For the full fiscal year, the company reported revenue of $39.54 billion ...
Read Full Story »

Natural Gas Exports Will Raise Domestic Prices (CHK, XOM, AA, DD)

Posted: January 19, 2012 at 3:04 pm

The US Energy Information Administration (EIA) today released a study on the impact of domestic pricing if the US begins to export natural gas. The question has been on the ...
Read Full Story »

Reports Say President Will Kill Keystone XL Pipeline (TRP, KMI)

Posted: January 18, 2012 at 1:03 pm

Just before Congress left town for the holiday, it passed and President Obama signed a bill to extend payroll tax cuts for two months. The bill included a provision demanding ...
Read Full Story »

Saudi Arabia Targets $100 Oil

Posted: January 17, 2012 at 6:45 am

Saudi Arabia probablywill target oil prices for 2012 at $100, according to several media reports. The desert nation says it needs the price to be that high to offset planned ...
Read Full Story »

The Problem with Gas Prices

Posted: January 16, 2012 at 6:21 am

Fifteen months ago, the price of a gallon of regular gas was well below $3 a gallon, according to AAA data. It came close to the $4 level six months ...
Read Full Story »