Energy Business

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Merrill Lynch Has 5 Large Cap Energy Stocks to Buy Now

Needless to say, the recent energy rout has taken on multiple dimensions as the pall of lower spending and the effect on economic growth has become more clear. Breathlessly, Wall ...
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Oil pumpjack

North Dakota 2.7% Unemployment Will Soar

No state has a lower unemployment rate than North Dakota, where it is 2.7%. No state is at a greater risk to have its unemployment rate soar. Low oil prices get the blame. ...
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Kinder Morgan

Kinder Morgan Buys Pipeline System, Makes Investors Unhappy

Kinder Morgan Inc. (NYSE: KMI) reported fourth-quarter and full-year 2014 results after markets closed on Wednesday. The oil and gas pipeline giant reported earnings per share (EPS) of $0.03 on ...
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Drilling rig

Are Oil and Energy Stocks Becoming Too Cheap?

With West Texas Intermediate (WTI) crude oil trading in the mid-$40s for February delivery, there is little doubt that oil is cheap today. But is it too cheap and, more ...
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Ruby Pipeline laying

What to Expect From Kinder Morgan Earnings

After markets close Wednesday, the new Kinder Morgan Inc. (NYSE: KMI) will report fourth-quarter and full-year results. The company completed its consolidation in late November and has abandoned its master ...
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Amazon to Use Wind Power for Data Centers

Amazon.com Inc. (NASDAQ: AMZN) has joined the green movement adopted by tech companies that have turned to solar, sun, wind and geothermal energy to power their server farms and offices. ...
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Drilling Rig

Baker Hughes, Halliburton Beat the Odds on Earnings

Two of the world’s largest oilfield services companies reported fourth-quarter and full-year 2014 results before markets opened Tuesday. Baker Hughes Inc. (NYSE: BHI) has agreed to be acquired by Halliburton ...
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Sakhalin-1

What to Expect From Halliburton and Baker Hughes Earnings

Leading oilfield services companies Baker Hughes Inc. (NYSE: BHI) and Halliburton Co. (NYSE: HAL) are both scheduled to report their fourth-quarter results Tuesday before the U.S. markets open. This comes ...
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mutual funds

Some MLP Funds Keep Holding Kinder Morgan — Big Time

Kinder Morgan Inc. (NYSE: KMI) is now the top infrastructure stock in the energy sector. Its unit roll-up acquisitions and consolidations have been completed. In November and October it was ...
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Analyst’s 5 Large-Cap Dividend Energy Stocks to Buy With Oil Plunging

With oil down over 50% from the highs posted last summer, and firms around Wall Street cutting estimates for the next three years, energy investors are decidedly at a loss ...
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Eagle-Ford-Shale-Map

5 Top Producers in the Eagle Ford Shale

In just the six years since 2008, crude oil production in the Eagle Ford shale play in south Texas has grown from 352 barrels of oil a day to more ...
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Schlumberger to Lay Off 9,000, as Crude Prices Fall

The drop in the price of oil will cost 9,000 workers at Schlumberger Ltd. (NYSE: SLB) their jobs. The company disclosed: In response to lower commodity pricing and anticipated lower exploration ...
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Drilling Rig

Schlumberger Raises Dividend, Cuts 2015 Capex

Schlumberger Ltd. (NYSE: SLB) reported fourth quarter and full-year 2014 results after markets closed on Thursday. The oil field services firm reported adjusted diluted quarterly earnings per share (EPS) of ...
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Houston Ship Channel

Lower Oil Prices and the Initial Impact on Houston

If there is one major city in the United States that doesn't want oil to remain at or under $50 per barrel for very long, it has to be Houston, ...
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Kinder Morgan pipeline

J.P. Morgan Stays Very Defensive on Top MLPs to Buy in 2015

Plain and simple, the energy sector has been a nightmare for investors over the past seven months. Obviously, demand and supply is an issue, but some analysts estimate that as ...
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