oil and gas


What Johns Hopkins Study Reveals About Premature Births Near Fracking Wells

A new study published recently by the Johns Hopkins University Bloomberg School of Public Health has linked an increase in premature births to a mother’s proximity to active, fracked natural ...
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Oil drilling rig

Which Exploration Companies Can Still Win Under Low Oil Prices

Without a refining business to help offset low crude prices or the ability to export crude oil in quantity, among the hardest hit oil producers are the pure-play exploration and ...
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red flag

Why Transocean Is Now Rated as ‘Junk’ at Fitch Ratings

Transocean Ltd. (NYSE: RIG) is not in a unique position at all in suffering from low oil prices. Unfortunately, that will not cloud the issue that Transocean just lost its ...
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Blue flames of a gas stove

Natural Gas Inventory on Track to Top 3.9 Trillion Cubic Feet by Month’s End

The U.S. Energy Information Administration (EIA) reported Thursday morning that U.S. natural gas stocks increased by 95 billion cubic feet for the week ending October 2. Analysts were expecting a ...
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oil rig and tanker

More Choppy Seas Ahead for Ocean Rig UDW

After energy stocks rallied in the market on Wednesday, Ocean Rig UDW Inc. (NASDAQ: ORIG) gave back its gain and then some early Thursday on a less than favorable business ...
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Crude Oil Price Dives After EIA Storage Report

The U.S. Energy Information Administration (EIA) released its weekly petroleum status report Wednesday morning. U.S. commercial crude inventories increased by 3.1 million barrels last week, maintaining a total U.S. commercial ...
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oil pipeline

Plains MLP, GP Boost Q3 Distributions by 6%

Midstream master limited partnership (MLP) Plains All American Pipeline L.P. (NYSE: PAA) and its publicly traded general partner Plains GP Holdings L.P. (NYSE: PAGP) announced increases to their quarterly cash ...
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Why Chevron Will Outperform the Dow on the Way Back Up

Evidence suggests that the bottom could be in for the Dow, for now, and Chevron Corp. (NYSE: CVX) may be one of its best performers on the way back up. ...
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teens shopping

Merrill Lynch Makes 3 Key Changes to US 1 List in Oil and REITs

Many firms have their own version of a "focus list" of top Buy-rated stocks for their clients. The Merrill Lynch US 1 List is effectively the same thing as the ...
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Does Another Spending Cut Improve Outlook for Petrobras?

Petroleo Brasileiro S.A. (NYSE: PBR) announced Tuesday morning that it is cutting its spending plan for the current fiscal year from $28 billion to $25 billion and its 2016 spending ...
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Drilling rig

Is Freeport Giving In to Carl Icahn?

The more things change, the more they stay the same. In mid-2013, Freeport-McMoRan Inc. (NYSE: FCX) completed a $20 billion acquisition of two oil and gas companies, one of which ...
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OPEC Predicts Oil Price Rebound Soon

The massive drop in crude oil prices over the past year is about to end, according to the secretary general of the Organization of the Petroleum Exporting Countries (OPEC) Abdalla Salem el-Badri. ...
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Drilling Rig

3 Deutsche Bank Oil Services Stock Picks With Over 100% Upside Potential

One thing that is critical for savvy investors is to look at sectors where there is truly blood in the streets. Think back to the financial and home building sectors ...
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Gasoline pump

Gasoline Prices $2.25 or Less in 21 States

The national average price for a gallon of regular gasoline in the U.S. Monday morning was $2.29, an average of around $1.00 a gallon below the price on the same ...
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BP to File $18 Billion Settlement Agreement Monday

BP PLC (NYSE: BP) announced in early July that it had reached an agreement in principle with the U.S. Department of Justice to pay more than $18 billion to settle ...
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