Energy Business


Is Suspending Canadian Drilling the Right Move for Chevron?

Chevron Corp. (NYSE: CVX) announced Wednesday evening that it would abandon its plans to drill in the Arctic. The company released this information in a letter sent directly to Canada’ ...
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Alternative Energy sources

Alt Energy Stocks Follow Crude Oil’s Ups and Downs

In the four and a half trading days since last Thursday, the price of West Texas Intermediate (WTI) crude oil for January delivery has dropped about 3.7%. Solar panel maker ...
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Drilling Rig

Outlook for Oilfield Services in 2015

The world’s four largest oilfield services companies posted all-time share price highs in mid-2008 when crude oil prices were nearing a record high above $140 a barrel. Two of the ...
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Gas pipeline

Rice MidStream Sets Price for IPO

Rice Energy Inc. (NYSE: RICE) has announced the pricing of the Rice Midstream Partners L.P. initial public offering. The offering will consist of 25 million common units with an overallotment ...
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Oil Tanker

Why Oil Is Being Hurt by US, and Why Oil Goes Back Up in 2015

Trying to peg the bottom in oil is quite simply a guessing game. Still, with the gyrations and price swings, some investors have to wonder if the worst has been ...
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Railroad Oil Tank Cars

What This Bounce in Major Oil Giants Means

Oil did not start Tuesday on a good note, but it did make a strong recovery, and that is reflected in the stock prices of some major oil companies. Crude oil ...
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Hydrogen fuel cell

Despite a Loss, FuelCell Energy Powers Through Earnings

FuelCell Energy Inc. (NASDAQ: FCEL) reported its fourth-quarter results on Monday evening as -$0.02 in earnings per share and $54.41 million in revenue. This was against Thomson Reuters consensus estimates of ...
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Spain’s Repsol Gets Talisman for a Bargain Price

Madrid-based oil company Repsol announced Tuesday morning that it has reached a definitive agreement to acquire Calgary-based Talisman Energy Inc. (NYSE: TLM) in an all-cash deal for $8 a share, ...
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Offshore drill rig

Offshore Drilling Outlook for 2015

This has been a tough year for offshore drilling companies, and 2015 does not look to be a year for recovery. If anything, the downturn is likely to get worse. ...
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thumbs up

Credit Suisse Sees Big Upside in 2 MLPs

Credit Suisse reinstated positive coverage on the Cheniere family of companies. Cheniere Energy Inc. (NYSEMKT: LNG) was reinstated with an Outperform rating, up from Neutral, and the target price was ...
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The World’s Top 10 Oil Companies

The price of a barrel of West Texas Intermediate (WTI) crude oil has fallen from more than $100 a barrel in late June to less than $60 a barrel. While ...
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solar energy

4 Top Solar Stocks to Buy for 2015 as Demand and Installations Remain Strong

After years of dealing with trade infractions by the Chinese finally being addressed by the U.S. International Trade Commission, some of the headline risk associated with possible tariffs being imposed ...
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oil pipeline

Merrill Lynch Sees 4 Battered MLPs Recovering Handily

Combine a 40% decline in oil since the summer with portfolio managers rushing to get tax-loss selling done and off the books for 2014, and you have a very toxic ...
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Oil refinery

Refineries Not Acting How They Should With Falling Oil Prices

Dropping crude oil prices recently have had a large impact on the oil and gas sector, resulting in falling share prices for major oil companies. However, there is a silver lining for the ...
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Alternative Energy sources

Solar, Alt Energy Stocks Short Interest Reacts to Falling Crude Prices

We are adding a number of alternative energy stocks to our short interest coverage this week. As crude oil prices continue to fall the impact of the lower prices on ...
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