oil and gas

Oil platform on sea

Goldman Sachs Might Be Right About Oil This Time

If you have been around for years in the markets, you have seen your fair share of booms and busts. That is also true for oil. After having spent years ...
Read Full Story »
oil tanker

What to Expect From Exxon Earnings

Exxon Mobil Corp. (NYSE: XOM) is set to release its most recent earnings report before the markets open on Friday. This is a strong company from a financial standpoint, and ...
Read Full Story »
Chevron logo

What to Expect When Chevron Reports Earnings

Chevron Corp. (NYSE: CVX) is scheduled to report its second-quarter financial results before the markets open on Friday. The consensus estimates from Thomson Reuters are $0.32 in earnings per share ...
Read Full Story »
Pumpjack

ConocoPhillips Posts Loss Despite Strong Operational Quarter

ConocoPhillips (NYSE: COP) reported its second-quarter financial results before the markets opened on Thursday. Operational performance in this quarter was strong across the company’s portfolio, although it did end up ...
Read Full Story »
ThinkstockPhotos-488849483

Natural Gas Price Jumps Following Low Inventory Build

The U.S. Energy Information Administration (EIA) reported Thursday morning that U.S. natural gas stocks increased by 17 billion cubic feet for the week ending July 22. Analysts were expecting a ...
Read Full Story »
Oil worker

What to Look for in ConocoPhillips Earnings

ConocoPhillips (NYSE: COP) is scheduled to release its second-quarter earnings report before the markets open on Thursday. The consensus estimates from Thomson Reuters call for a net loss of $0.61 per ...
Read Full Story »
Oil Barrels

Crude Oil Price Plunges on Surprise Inventory Growth

The U.S. Energy Information Administration (EIA) released its weekly petroleum status report Wednesday morning. U.S. commercial crude inventories increased by 1.7 million barrels last week, maintaining a total U.S. commercial ...
Read Full Story »
oil tanks

Why Merrill Lynch Sees Enterprise Products and Top MLPs Rising Higher After Earnings

With oil prices down over 15% from the highs recently posted, some have become a touch nervous on the energy sector. The reality is this is probably a pretty normal ...
Read Full Story »
Pumpjack

Short Sellers Can’t Make Up Their Minds on Major Oil

The short interest data have been released for the July 15 settlement date. With oil prices seemingly on the path to recovery and the Dow and S&P 500 hitting new ...
Read Full Story »
oil tanker

UBS Downgrades Energy Shipping Companies Close to 52-Week Lows

When investors see analysts downgrade a sector, they sometimes worry. But what about when that sector downgrade comes at the same time that the key sector's stocks are all down ...
Read Full Story »
Gas Can

Gas Prices Near $3 in Some California Cities

As the price of oil lurches between $40 and $45, depending on rumors from the Middle East, Nigeria and the United States, the price of a regular gallon of gasoline ...
Read Full Story »
BP Mad Dog

BP Earnings Hampered by Low Prices; Dividend Unchanged

BP PLC (NYSE: BP) reported second-quarter 2016 results before markets opened Tuesday. For the quarter, the oil and gas supermajor posted adjusted diluted earnings per American depositary share (ADS) of $0.23 ...
Read Full Story »
natural gas pipeline

How Analysts See Kinder Morgan After Earnings

Kinder Morgan Inc. (NYSE: KMI) reported second-quarter results last Wednesday that were essentially in line with consensus earnings estimates and below revenue estimates. By Friday the stock dropped about $1.00 ...
Read Full Story »
fracking

Oil Rig Count Up by 14 Last Week, Hedge Funds Thinking Short Again

In the week ended July 22, the number of rigs drilling for oil in the United States totaled 371, up by 14 compared with the prior week and a total ...
Read Full Story »
wheat

Hot Summer Weather Running Natural Gas Higher: 4 Stocks to Buy Now

After years of trading in a tight boxed range, natural gas has taken off, and with the U.S. a top supplier, hot summers and cold winters can add up to ...
Read Full Story »