oil and gas

OPEC

Oil Rises Even as OPEC Oil Production Cuts Already Questioned

The price of oil has responded to news of OPEC, the Organization of the Petroleum Exporting Countries, production cuts. If there is one thing that seems true more often than not, ...
Read Full Story »
ThinkstockPhotos-488849483

Natural Gas Price Cuts Loss After Storage Report

The U.S. Energy Information Administration (EIA) reported Thursday morning that U.S. natural gas stocks increased by 49 billion cubic feet for the week ending September 23. Analysts were expecting a ...
Read Full Story »
Nat Gas Field

Why Chesapeake Stumbled and Transocean Didn’t on Icahn Sales

After rising by about 25% earlier this month, shares of Chesapeake Energy Corp. (NYSE: CHK) have plummeted to about 2.5% below where they were when the month started. The decline ...
Read Full Story »
KMI Tanker

China’s Oil Demand Is Huge and Growing: 4 Dividend-Paying Oil Stocks to Buy Now

Supply glut, the two words that seem to haunt the energy sector constantly. While that may remain a near-term issue, the longer term issue is demand, as well as the lack ...
Read Full Story »
Oil Barrels

Dip in Crude Oil Inventory Offset by Rise in Gasoline Stockpiles

The U.S. Energy Information Administration (EIA) released its weekly petroleum status report Wednesday morning. U.S. commercial crude inventories decreased by 1.9 million barrels last week, maintaining a total U.S. commercial ...
Read Full Story »
Propane tank

Why Ferrellgas Units Are Getting Hammered

Ferrellgas Partners L.P. (NYSE: FGP) sank to a new 52-week low Wednesday morning after reporting a net loss per share of $6.68 for its fourth fiscal quarter. In the fourth ...
Read Full Story »
SEC

SEC Hits Oilfield Services Firm Weatherford With $140 Million Fine

The U.S. Securities and Exchange Commission (SEC) announced Tuesday that oilfield services company Weatherford International Inc. (NYSE: WFT) has agreed to pay a $140 million fine to settle charges that ...
Read Full Story »
oil tanks

4 MLPs to Buy That Should Do Fine When Rates Inevitably Go Higher

While the Federal Reserve declined to raise rates last week, the writing is starting to be on the proverbial wall. The fact that three Fed governors dissented, and the employment ...
Read Full Story »
Silhouette of an oil worker using machinery at sunset

Short Sellers Run for Cover From Major Oil

The short interest data have been released for the September 15 settlement date. With oil prices seemingly on the slow path to recovery and the Dow and S&P 500 still ...
Read Full Story »
Pump Jacks Against at Dusk

Deutsche Bank Says Permian Basin Oil Stocks Still Best Buys

Analysts across Wall Street remain very positive on exploration and production companies that are doing the lion's share of their drilling in the Permian basin in West Texas. While many ...
Read Full Story »
fracking

Why Crude Prices Could Stay Low Regardless of Rig Counts

In the week ended September 23, the number of rigs drilling for oil in the United States totaled 418, up by two compared with the prior week and down from a ...
Read Full Story »
Pumpjack

8 Oil and Gas Stocks That Analysts Want You to Buy Now

The week of September 23 was somewhat of a strong one for the oil and gas industries. Sadly, that strength wasn't seen late on Friday. West Texas Intermediate (WTI) crude is again trading ...
Read Full Story »
Blue Flame

Natural Gas Price Dips on Inventory Build

The U.S. Energy Information Administration (EIA) reported Thursday morning that U.S. natural gas stocks increased by 52 billion cubic feet for the week ending September 16. Analysts were expecting a ...
Read Full Story »
Oil Barrels

Crude Price Soars on Huge Inventory Draw

The U.S. Energy Information Administration (EIA) released its weekly petroleum status report Wednesday morning. U.S. commercial crude inventories decreased by 6.2 million barrels last week, maintaining a total U.S. commercial ...
Read Full Story »
crude oil terminal

RBC Sees Potential Huge Oil Supply Gap Coming: 4 Big Oil Stocks to Own Forever

It was inevitable, and when benchmark West Texas Intermediate (WTI) crude slid all the way to $26 back in February, you can just imagine the production projects that were based ...
Read Full Story »