oil and gas

Offshore drill rig

Dear Analysts, Can Nabors Really Run 50%?

Nabors Industries Ltd. (NYSE: NBR) has seen its shares slaughtered of late, along with many other rig and drilling companies. Some analysts still have positive ratings and big upside price ...
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oil pipeline

Credit Suisse’s 5 Top Energy MLPs to Buy Now as They Rally Back

Everything got hit hard during the recent sell-off, but the energy master limited partnerships (MLPs) got the double whammy of market selling combined with energy prices plunging. After a strong ...
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Blue flames of gas stove

Natural Gas Inventory Less Than 10% Below 5-Year Average

The U.S. Energy Information Administration (EIA) reported Thursday morning that U.S. natural gas stocks increased by 94 billion cubic feet for the week ending October 17, compared with an expected ...
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J.P. Morgan Energy Stocks to Buy If $80 a Barrel Oil Is Here for Good

While everybody who drives a vehicle to and from work or anywhere else is seeing the price of gasoline plummet, energy investors are taking it on the chin. The costs ...
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Crude Oil Price Skids Following Big Inventory Build

The U.S. Energy Information Administration (EIA) released its weekly petroleum status report Wednesday morning. U.S. commercial crude inventories increased by 7.1 million barrels last week, maintaining a total U.S. commercial ...
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Low Oil Prices Hurt U.S. Shale Operations

By Nick Cunningham of Oilprice.com Slumping oil prices are putting pressure on U.S. drillers. The number of active rigs drilling for oil and gas fell by their most in two ...
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24/7 Wall St. Guide to Fracking

Like many technological advancements, hydraulic fracturing of oil and gas wells -- better known as fracking -- had been essentially sitting on a shelf waiting for the right moment to ...
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Analyst Still Sees 50% Upside in Schlumberger

Schlumberger Ltd. (NYSE: SLB) received mixed news from independent research firm Argus after it reported earnings for its third quarter. As oil service companies and drillers saw their shares gutted ...
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Drilling Rig

Halliburton Earnings Confess Drop in New North American Drilling

Halliburton Co. (NYSE: HAL) reported third-quarter 2014 results before markets opened Monday. The oil and gas services company posted adjusted diluted earnings per share (EPS) of $1.19 on revenues of ...
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Biofuel Cans

Why It Matters That Ethanol Prices Are Collapsing

Another bit of fallout from the diving demand for gasoline is just about to hit the front pages. U.S. ethanol producers are approaching the so-called blend wall, a term that ...
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Crude Oil Posts 52-Week Low Before Inventory Report

The U.S. Energy Information Administration (EIA) released its weekly petroleum status report Thursday morning, a day later than usual due to the Columbus Day holiday on Monday. U.S. commercial crude ...
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Blue flames of a gas stove

Natural Gas Inventory Increase Weighs on Price

The U.S. Energy Information Administration (EIA) reported Thursday morning that U.S. natural gas stocks increased by 94 billion cubic feet for the week ending October 10. That compared with an ...
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Drilling Rig

Baker Hughes Earnings Weakened by Geopolitics, Gulf of Mexico Reductions

Baker Hughes Inc. (NYSE: BHI) reported third-quarter results before markets opened Thursday. The oil field services firm reported adjusted diluted earnings per share (EPS) of $1.02 on revenues of $6.25 ...
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refilling the car

Gasoline Prices at 44-Month Low

Wednesday’s national average price for a gallon of regular gasoline is $3.177 a gallon, the lowest it’s been since February of 2011. A year ago a gallon of gas cost ...
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oil storage terminal

Top High-Yielding and Quality MLPs On Sale After Stock Market Massacre

The plunge in energy prices had been a welcome relief to consumers, but for shareholders of energy companies, it has been a debacle. The energy master limited partnership (MLP) space ...
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