oil prices

Kinder Morgan pipeline

Why Analysts Think Gulfport Energy Is a Big Buy

Gulfport Energy Corp. (NASDAQ: GPOR) reported its fourth-quarter earnings this week, as well as an update on its proved reserves. The company had 933.6 billion cubic feet equivalent (BCFE) of ...
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Offshore drill rig

Transocean and Seadrill Find Minimal Salvation After Earnings

Both Transocean Ltd. (NYSE: RIG) and Seadrill Ltd. (NYSE: SDRL) reported their fourth-quarter financial results this week. Transocean’s results came after the markets closed Wednesday, and Seadrill reported before the markets ...
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Railroad Oil Tank Cars

Short Sellers Betting the Farm Against Big Oil Stocks

Oil prices made a slight recovery on the last short interest report, but it seems that the industry has slid back, and common sense would say that short sellers have ...
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Oil spill

Is Oil Returning to $100 or Dropping to $10?

By Martin Tillier for Oilprice.com If you have been following the price of oil over the last few months, the chances are you're a little confused. On the one hand ...
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two dollars

Only 2 States Have Gas Prices Under $2

If anyone needs confirmation that gasoline prices have risen, it comes from the news that now only two states have gas prices under $2, based on the average cost for a ...
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Coca-Cola logo

5 Stocks That Really Benefit From Lower Oil Prices

The consensus belief among many on Wall Street, and surely in Washington, D.C., is that falling gasoline prices are almost like a pay raise to consumers, and they will in ...
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Houston Ship Channel

$50 Oil Will Cost at Least 1 Million Jobs

A study in 2008 about the collapse of the auto industry in America said the disaster would cost as many as 3 million jobs. The research from the Center for Automotive Research (CAR) covered only those jobs ...
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Drilling rig

5 Exploration Stocks That Will Survive Low Oil Prices

People with long memories, especially those in the oil industry, remember the oil crash in 1986. Just like last year, in a matter of months oil dropped over 50%, except ...
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Oil Tanker

Analyst Has 3 Oil Stocks to Buy and 2 to Sell Now

BMO Capital Markets has just released its coverage for a group of major oil and gas stocks. Recently, oil has made a slight recovery after having fallen over 50% from its highs ...
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Only 3 States Have Gas Below $2

The rise in oil prices has wiped out $2 gasoline in all but three states. After forecasts that the $2 average price for a gallon of regular would be the standard ...
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Oil pumpjack

Short Sellers Press Their Bets on Major Oil

Oil prices made a slight recovery recently but overall the industry has been kicked in the teeth, and common sense would say that short sellers have made huge bets and boatloads ...
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Flag of OPEC

OPEC Forecasts Higher Crude Demand as Prices Stay Low

The Organization of Petroleum Exporting Countries (OPEC) released its February Oil Market Report Monday morning, and the cartel said that demand will rise by 1.17 million barrels a day in ...
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downgrade sign

Why One Analyst Is Downgrading Exxon Mobil Now

Exxon Mobil Corp. (NYSE: XOM) received a downgrade Monday morning when Argus took a bearish look at the oil giant. The independent research firm downgraded Exxon to Hold from Buy ...
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Sharp Rise in Layoffs — Tied Directly to Lower Oil Prices

Friday's unemployment and payrolls report from the U.S. Labor Department is highly anticipated, but we are starting to see a dark side of the oil economy when it comes to ...
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downgrade sign

Most Negative NOV Analyst Gets Even More Negative

National Oilwell Varco Inc. (NYSE: NOV) is still feeling the pressure from Credit Suisse. 24/7 Wall St. previously reported that the brokerage firm levied a fairly negative call on the ...
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