oil and gas

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Analysts Keep Upgrading Oil & Gas Stocks in Wake of OPEC Production Cuts

Last week's oil production cut announced by OPEC has really put in a solid floor for oil stocks. Some of the second tier and offshore drillers and exploration companies even ...
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Chesapeake Energy Reaches $2 Billion in Asset Sales for 2016

Shares of Chesapeake Energy Corp. (NYSE: CHK) rose to within 53 cents of the stock's 52-week high Monday morning, following the announcement that the oil and gas producer is selling ...
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Oil pumps

OPEC Agreement Continues to Push Oil Prices Higher

Crude oil prices have climbed above $52 a barrel for benchmark West Texas Intermediate (WTI) and above $55 a barrel for Brent as the OPEC agreement to cut production appears, ...
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15 Major Oil and Gas Analyst Upgrades After OPEC Production Cuts

The week of November 28 to December 2 was less robust in the equity markets than in prior weeks since the election, but do not dare tell that to the oil ...
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fracking

Oil Rig Count Rises by 3, Hedge Funds Punt Ahead of OPEC Meeting

In the week ended December 2, the number of rigs drilling for oil in the United States totaled 477, up by three from the prior week and down by 68 compared ...
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Blue Flame

Natural Gas Price Up 4.5% After Storage Report

The U.S. Energy Information Administration (EIA) reported Thurssday afternoon that U.S. natural gas stocks decreased by 50 billion cubic feet for the week ending November 25. Analysts were expecting a ...
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Pump Jacks Against at Dusk

WildHorse Resource Announces Potential Pricing for IPO

WildHorse Resource Development filed an amended S-1 form with the U.S. Securities and Exchange Commission (SEC) for its initial public offering (IPO). The company noted in the filing that it ...
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UBS Adds Top Pick Growth and Dividend MLPs to Buy as Oil Rockets Higher

After underperforming for most of the fall, the energy master limited partnerships (MLPs) have taken a solid turn for the better as the prospects for infrastructure growth have increased dramatically ...
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Saudi Arabia

Did OPEC Production Cut Make More Speculative Oil Stocks Rally Too Much?

On a day that the Organization of Petroleum Exporting Countries (OPEC) announces a production cut, which is actually just announcing a formalized cut after previously stating that a cut was ...
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Oil Barrels

Crude Oil Price Soars on OPEC Deal, Inventory Change Not a Factor

The U.S. Energy Information Administration (EIA) released its weekly petroleum status report Wednesday morning. U.S. commercial crude inventories decreased by 900,000 barrels last week, maintaining a total U.S. commercial crude ...
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oil field sunset

Permian Basin to Remain Red Hot in 2017: 4 Stocks to Buy Now

If one area in the country continues to draw capital expenditures and growth, it’s the Permian basin in West Texas. With a huge new find, and many of the top ...
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Coit Tower

Gas Prices Near $3 in California Cities

The tug-of-war over oil prices has continued. Rumors have it Russia will not cooperate with OPEC as it discusses production caps. Saudi Arabia may not attend upcoming meetings at all. ...
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Pump Jacks Against at Dusk

If Crude Production Cuts Don’t Happen, Price Could Tumble $10 a Barrel

Crude oil prices have been volatile for the past six months, hitting a high near $54 a barrel in June and a low of around $43 a barrel in early ...
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oil tanks

Analyst Has 4 Top Energy Stocks to Buy for a Possible OPEC Cut This Week

One of the major problems for the top oil-producing countries in the Middle East is that for most of them, oil is their export bread-and-butter. With oil prices not able ...
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Silhouette of an oil worker using machinery at sunset

Short Sellers Grow More Selective in Major Oil

The short interest data have been released for the November 15 settlement date. After the election was decided with the Republican candidate taking the White House, short interest for major ...
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