oil and gas

Blue flames of a gas stove

Natural Gas Inventories Support Bullish Sentiments

The U.S. Energy Information Administration (EIA) reported Thursday morning that U.S. natural gas stocks increased by 24 billion cubic feet for the week ending April 11. That compared with an ...
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Sakhalin-1

Deutsche Bank Raises Price Targets on Top Oil Service Stocks

Despite the stomach churning volatility in the markets, one solid place to be this year has been the oil service names. In a new research report, the oil service and ...
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Drilling rig

Oil Services Earnings Dominated by American Activity

Schlumberger Ltd. (NYSE: SLB) reported first-quarter 2014 results before markets opened Thursday. The oil field services firm reported adjusted diluted quarterly earnings per share (EPS) of $1.21 on revenues of ...
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Drilling Rig

Rival Earnings Expectations: Schlumberger vs. Baker Hughes

Earnings season is upon us, and Thursday will bring earnings reports from Schlumberger Ltd. (NYSE: SLB) and Baker Hughes Inc. (NYSE: BHI). These two do not always report earnings on ...
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Houston Ship Channel

Sharp Rise in Crude Oil Inventories Unlikely to Lower Gasoline Prices

The U.S. Energy Information Administration (EIA) released its weekly petroleum status report Wednesday morning. U.S. commercial crude inventories increased by 10 million barrels last week, maintaining a total U.S. commercial ...
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Houston Ship Channel

Five High-Yielding MLP Energy Infrastructure Stocks to Buy Now

Investors hardly need to be reminded that the volatility has spiked dramatically in the market. Although the S&P 500 is faring much better than the Dow Jones Industrial Average and ...
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Oil pumpjack

Conoco Sets Goal for Double-Digit Shareholder Returns

At its analyst meeting in New York City Thursday, ConocoPhillips (NYSE: COP) reaffirmed its goal of delivering double-digit annual returns to investors by growing production by 3% to 5% a ...
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Blue flames of a gas stove

Natural Gas Build Only a Fraction of Needed Recovery

The U.S. Energy Information Administration (EIA) reported Thursday morning that U.S. natural gas stocks increased by 4 billion cubic feet for the week ending April 4, compared with an expected ...
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crude oil prices

Why Gasoline Prices Have to Beware Shrinking Inventories

The U.S. Energy Information Administration (EIA) released its weekly petroleum status report Wednesday morning. U.S. commercial crude inventories increased by 4 million barrels last week, maintaining a total U.S. commercial ...
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oil rig

Stifel Raises Targets on Top Energy Exploration and Production Stocks

Despite a constant ongoing debate on Wall Street over the price of oil, the bottom line for investors is that oil prices for West Texas Intermediate continue to hover near ...
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Oil Tanker

Enbridge, Valero Get Approval to Export Crude

Independent oil refiner Valero Energy Corp. (NYSE: VLO) and Canada-based pipeline operator Enbridge Inc. (NYSE: ENB) have been granted licenses from the U.S. Commerce Depart to re-export crude oil ...
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Railroad Oil Tank Cars

Is There a Railcar Stock Loaded With Value?

There are five U.S. companies that make railroad cars. The four independently traded makers have posted significant share price gains in the past two years, but the gains have not ...
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petro chemical plant

UBS Says the Best Is Yet to Come for U.S. Refiners

While the battle rages on Wall Street on which way the price of oil ultimately goes, investors in the refiners are watching close for a blowout in the difference between ...
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Oil pumpjack

Why Paying Out $5 Billion at Anadarko Is Good

When is getting smacked with a bill for $5.15 billion a good thing? When the bill could have been $14.5 billion. That’s the good news for Anadarko Petroleum Corp. (NYSE: ...
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Cars on a lot

New Vehicle Fuel Economy at Record High

New vehicles sold in the month of March averaged 25.4 miles per gallon, the highest fuel-economy rating ever for new cars. Compared with October 2007, fuel-economy ratings on new cars ...
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