Over the past month, interest rates have bounced off of their 2013 lows, with the U.S. 10-year yield quickly rising from 1.66% to more than 2.20%. This has been a ... Read Full Story »
Last year was a good year for oil and gas stocks, but unless a company had a refining and marketing operation, it was not a great year. Share prices rose ... Read Full Story »
With West Texas Intermediate crude holding above $90 and the price of natural gas back over the $4 handle for the first time in years, U.S. oil-field services stocks finally have ... Read Full Story »
U.S. equity markets opened lower this morning and continued a slow downward slide throughout the day. In Europe, flash PMI data from the eurozone came in below expectations on both ... Read Full Story »
U.S. equity markets opened flat to lower this morning as it waited for data on U.S. housing starts and producer price inflation. In Europe, markets got some downward signals from ... Read Full Story »
In the energy sector, 2012 was the year of the refiner. Stock prices appreciated at least 80% for most of them, while the supermajor integrated companies were only able to ... Read Full Story »
Services and drilling company Hercules Offshore Inc. (NASDAQ: HERO) recently received some positive comments from two analysts, including an upgrade to Outperform today from Stephens. The company, mostly a shallow-water ... Read Full Story »
There are easier ways to make a living than drilling for oil and gas in hundreds or thousands of feet of water, but the rewards can more than repay the ... Read Full Story »
In a note today, Credit Suisse talked up the coming demand for offshore drilling rigs designed for water depths of 1,000 feet to 3,600 feet. The analysts claim that incremental ... Read Full Story »
These are the top analyst calls of upgrades, downgrades and initiations we have seen from Wall St. research calls this Wednesday morning. Angie's List Inc. (NASDAQ: ANGI) raised to Outperform ... Read Full Story »
These are some of the top analyst upgrades, downgrades, and initiations seen from Wall Street research calls this Wednesday morning. Cheniere Energy Partners LP. (AMEX: CQP) Raised to Hold at ... Read Full Story »
Two weeks ago, Federal Judge Martin Feldman told the Obama administration to act within 30 days on a number of drilling permits for the deepwater Gulf of Mexico. The Bureau ... Read Full Story »
Federal Judge Martin Feldman has pushed the Obama administration to resume drilling in the Gulf of Mexico ever since late June 2010. That's when he first ruled against the moratorium ... Read Full Story »
Today's announcement of a definitive merger agreement between Ensco plc (NYSE: ESV) and Pride International Inc. (NYSE: PDE) is the first major deal among offshore drillers since the Macondo well ... Read Full Story »
They call it "Merger Monday" for a reason. Today's news is not dominated by football hangovers. It is dominated by a slew of headlines over mergers, mergers, and more mergers. ... Read Full Story »