Energy Business - Page 2

BP Mad Dog

Why BP Earnings Were Cut in Half Last Year

BP PLC (NYSE: BP) reported fourth-quarter and full-year 2016 results before markets opened Tuesday. For the quarter, the oil and gas supermajor posted adjusted diluted earnings per American depositary share ...
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Pump Jacks Against at Dusk

Why Analysts See Exxon Mobil and Chevron Differently After Earnings

In the past week or so, the two U.S.-based supermajor oil companies have reported lower than expected earnings, and shares of both have paid the price. Since Chevron Corp. (NYSE: ...
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oil field sunset

If Trump’s Border Adjustment Tax Includes Oil, These 5 Stocks Could Fly

You have heard the old saying “Don't get mad, get even.” That is just what is behind President Trump's threat of a border adjustment tax. Many of our companies are penalized ...
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oil refinery

Why Phillips 66 Earnings, Revenues Plunged

Oil refiner Phillips 66 (NYSE: PSX) reported fourth-quarter and full-year 2016 earnings before markets opened Friday morning. The company posted adjusted diluted earnings per share (EPS) of $0.16 compared with ...
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Pumpjack

Has ConocoPhillips Turned It Around?

ConocoPhillips (NYSE: COP) reported fourth-quarter and full-year 2016 results before markets opened Thursday morning. For the quarter, the oil and gas production company posted an adjusted diluted net loss per share ...
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oil field sunset

How Analysts Keep Changing Tune on Exxon Mobil After Earnings

After Exxon Mobil Corp. (NYSE: XOM) reported fourth-quarter and full-year 2016 results Tuesday morning, the stock fell about $1.50 (1.8%) before recovering a bit by the end of the day. One ...
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fracking drilling

Oil Company Breakeven Prices Tumbling: 4 Top Permian Basin Stocks to Buy Now

If you start to combine lower costs with inventory levels going down, the overall outlook for oil stocks is starting to look better and better. It seems hard to believe ...
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Coal

Is It Time for a Reality Check on Coal After CONSOL Earnings?

CONSOL Energy Inc. (NYSE: CNX) was one of the beneficiaries of the post-election rally. After all, Donald Trump was supportive of coal and for coal to have a place in ...
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Pumpjack

Why Exxon Mobil Earnings Tumbled 40%

Exxon Mobil Corp. (NYSE: XOM) reported estimated fourth-quarter and full-year 2016 results before markets opened Tuesday morning. For the quarter, the integrated oil and gas giant posted quarterly diluted earnings per ...
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Oil platform on sea

Why Noble Tanked Into Key Analyst Upgrade When Rowan Was Downgraded

Most analysts probably would prefer for their stocks being upgraded to rise rather than fall on the news. In the oil patch, the daily whims of oil prices actually may ...
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fracking drilling

2016 Energy Earnings Seen Down 86%

There's little question that the first three-quarters of 2016 was a rocky period for energy companies. The election of Donald Trump in November lit a fire under the sector, however, as ...
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Chevron logo

How Production Impacts Pummeled Chevron Earnings

Chevron Corp. (NYSE: CVX) reported fourth-quarter and full-year 2016 results before markets opened Friday morning. For the quarter, the oil and gas supermajor posted a diluted earnings per share (EPS) of ...
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natural gas pipeline

Why Credit Suisse Sees Big Upside From Williams

Williams Companies Inc. (NYSE: WMB) has had a wild ride during the time that oil prices tanked and came rushing back. Despite being up close to 200% from its lows, ...
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oil tanker

Short Interest Slides in Major Oil Stocks

Since the election was decided with Trump taking the White House, short interest for major oil stocks is now more important than ever to follow. Recently, crude oil has flirted ...
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sustainable energy

Short Interest in Solar Stocks Rises, Mixed on Alternative Energy

Short interest moves among solar and alternative energy stocks were mixed during the two-week reporting period that ended on January 13. Of the companies we watch, short interest rose on ...
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