ExxonMobil Corp (NYSE:XOM)

Sakhalin-1

Russian Sanctions Force Exxon to Pull Out of Arctic Project

Last Friday, Exxon Mobil Corp. (NYSE: XOM) issued a terse statement that the company has received a license from the U.S. government that allows the company to continue working in ...
Read Full Story »
Blue flames of gas stove

Natural Gas Inventory Growth Drives Prices Down

The U.S. Energy Information Administration (EIA) reported Thursday morning that U.S. natural gas stocks increased by 90 billion cubic feet for the week ending September 12, compared with an expected ...
Read Full Story »
investing

Credit Suisse Gold Standard Yield Stocks May Be the Safest to Own Now

Often the reason Wall Street takes a liking to a specific stock or sector is the momentum is there to drive it higher. The problem with that is, when momentum ...
Read Full Story »
153715598

Crude Oil Prices Skid as Refining Slows

The U.S. Energy Information Administration (EIA) released its weekly petroleum status report Wednesday morning. U.S. commercial crude inventories increased by 3.7 million barrels last week, maintaining a total U.S. commercial ...
Read Full Story »
stock symbol ticker

The 4 Stocks That Lifted the Market

September 16, 2014: Markets opened slightly lower again on Tuesday as the FOMC meeting began today with a report in the WSJ that any raise to the fed funds rate ...
Read Full Story »
CovePointLNG

Environmentalist Opposition to Dominion LNG Plant Weighs In

Dominion Resources Inc. (NYSE: D) announced in late March that it would spin off its wholly owned midstream operating company, Dominion Midstream Partners, into a separately traded master limited partnership. ...
Read Full Story »
stock symbol ticker

The 4 Stocks That Tanked the Market

September 12, 2014: Markets opened lower on Friday as the energy sector and utilities opened weaker. The stronger dollar weakens the crude price and raises Treasury rates which hurts utilities ...
Read Full Story »
Blue flames of a gas stove

Natural Gas Producers Face Higher EIA Inventories Report

The U.S. Energy Information Administration (EIA) reported Thursday morning that U.S. natural gas stocks increased by 92 billion cubic feet (Bcf) for the week ending September 5. That compared with ...
Read Full Story »
crude oil prices

Short Interest on the Rise in Major Oil Stocks

The short interest data from the August 29 settlement date is out, and we saw a bias toward higher short interest readings, compared to the August 15 settlement date. The ...
Read Full Story »
467094355

Energy Companies Flop on Crude Oil Data

Stocks of several U.S. energy companies are taking a beating Wednesday morning following the Energy Information Administration’s (EIA) weekly report on petroleum inventories. The hardest hit is refiner Valero Energy ...
Read Full Story »
153715598

Crude Price Tumbles as Gasoline Stockpile Booms

The U.S. Energy Information Administration (EIA) released its weekly petroleum status report Wednesday morning. U.S. commercial crude inventories decreased by 1 million barrels last week, maintaining a total U.S. commercial ...
Read Full Story »
Oil Tanker

Merrill Lynch Changes Ratings on Key Oil Giants

Bank of America Merrill Lynch made some key changes to its oil ratings on Tuesday. The move consists of a downgrade for Chevron Corp. (NYSE: CVX) and upgrades for ConocoPhillips ...
Read Full Story »
stock symbol ticker

The 4 Stocks That Sank the Market

September 4, 2014: Markets opened higher on Thursday following mixed reports on new claims for jobless benefits and employment. But the good start slipped to the downside by mid-afternoon. Energy ...
Read Full Story »
153715598

Crude Prices Fall as Summer Driving Season Ends

The U.S. Energy Information Administration (EIA) released its weekly petroleum status report Wednesday morning. U.S. commercial crude inventories decreased by 900,000 barrels last week, maintaining a total U.S. commercial crude ...
Read Full Story »
Blue flames of a gas stove

Natural Gas Price Tumbles on Big Inventory Build

The U.S. Energy Information Administration (EIA) reported Thursday morning that U.S. natural gas stocks increased by 79 billion cubic feet for the week ending August 29. That compared with an ...
Read Full Story »