oil and gas

Oil Tanker

Why a Key Analyst Sees Weakness in Near-Term Oil

Oil prices have surged over the past couple of months, pushing near the $60 mark at this point. Companies, sectors and countries alike that were benefiting from lower oil prices ...
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Kinder Morgan pipeline

Sentiment Improves for MLPs: 4 Top Companies to Buy Now

What a difference a year makes. Last year at this time, the Alerian MLP Index was up 11% higher than it currently is, and investors were giddy at the annual ...
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Oil drilling rig

Are North Dakota Oil Rig Counts Signaling a Trough Is Near … or Here?

Is it possible that the never-ending rig count decline is ending in North Dakota? There could be good news headed the way of companies like Whiting Petroleum Corp. (NYSE: WLL), ...
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Offshore drill rig

Crude Oil Drops 3% on Strong Dollar, Offshore Drillers Drop More

Equities have been getting pummeled on the first day of trading after the long Memorial Day weekend, and the energy sector is taking the heaviest beating, down about 2% in ...
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oil rig

$100 Billion Cut From Global Energy Projects

The collapse of crude oil prices that started last Fall and continued through the first half of March this year has forced many U.S. producers to delay new drilling or ...
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Oil drilling rig

Hedge Funds Adding to Short Positions as Rig Count Stabilizes

In the week ended May 22nd, the number of rigs drilling for oil in the U.S. totaled 659 compared with 660 in the prior week and 1,528 a year ago. ...
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Oil pumpjack

Merrill Lynch Raises Energy Outlook: 4 Top Oil Stocks to Buy Now

After a long hard look, and some serious thought on where prices are heading. Merrill Lynch has upgraded the energy sector to Overweight, and the timing looks solid. It is ...
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Gas pipeline

Natural Gas Price Spikes After Smaller Inventory Rise

The U.S. Energy Information Administration (EIA) reported Thursday morning that U.S. natural gas stocks increased by 92 billion cubic feet for the week ending May 15. Analysts expected a storage ...
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Crude Oil Inventory Decline Smaller Than Expected

The U.S. Energy Information Administration (EIA) released its weekly petroleum status report Wednesday morning. U.S. commercial crude inventories decreased by 2.7 million barrels last week, maintaining a total U.S. commercial ...
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oil storage terminal

Deutsche Bank Initiates Coverage on MLPs: 4 to Buy Now

While the energy master limited partnerships (MLPs) have had a ton of coverage over the years, there is a phenomenon that happened within the past five years that has made ...
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Drilling rig

Did Linn Give Away the Farm in Its Secondary Offering?

Independent oil and gas producer Linn Energy LLC (NYSE: LINE) said Tuesday morning that it had priced a secondary offering of 16 million units at $11.79 per unit and expects ...
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oil rig and tanker

Is It Time for a Petrobras Reality Check?

Since posting a low in March not visited in more than a dozen years, American depositary shares in Petroleo Brasileiro S.A. (NYSE: PBR) had doubled by early May, though it ...
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Oil drilling rig

Hedge Funds Cut Long and Short Positions in Oil as Rig Count Falls

In the week ended May 15, the number of rigs drilling for oil in the United States totaled 660, compared with 668 in the prior week and 1,531 a year ...
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oil rig

What to Look For in Petrobras Earnings

After markets close Friday, Brazilian oil giant Petroleo Brasileiro S.A. (NYSE: PBR) is scheduled to release first-quarter financial results. Petrobras, as the company is known, is expected to report earnings ...
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Shell sign at dusk

5 Big Oil Stocks to Buy for the Rest of 2015

With oil up almost 50% from the lows back in January, lots of energy investors are breathing a sigh of relief. Many parts of the industry are still struggling, especially ...
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