Two pipeline companies have agreed to a 50-50 joint venture to build a new 149-mile offshore gathering system in the Gulf of Mexico. Enterprise Products Partners L.P. (NYSE: EPD) and Genesis Energy…
Crude oil prices have risen this year, although they have been tapering off in the past couple of months. Pump prices have been driven by the price differential between Brent crude and…
As the price differential between WTI and Brent crude oil continues to narrow, with WTI rising and Brent falling, big oil companies should see a gain in their realized prices for crude. This is…
Day rates for shippers of container, crude oil, and dry bulk cargoes have been hit hard this year as an over-supply of vessels and general concerns about the weak global economies have…
Independent oil and gas producer Apache Corp. (NYSE: APA) has agreed to purchase the North Sea assets of a subsidiary of Exxon Mobil Corp. (NYSE: XOM) for $1.75 billion. The total number…
Jon OggThese are some of this Tuesday’s top analyst upgrades, downgrades, and initiations seen having an impact from Wall Street research calls. Alon USA Energy, Inc. (NYSE: ALJ) is the value stock…
High prices have finally contributed to curing high prices in the world’s crude oil market. The gloomy economic forecasts for the second half of 2011 have combined with $120/barrel prices for Brent…
As the markets swoon today from Friday night’s downgrade of US debt, Standard & Poor’s is making other changes to its debt ratings. One sector that is unchanged is oil and gas,…
Jon OggThese are some of the top analyst upgrades, downgrades, and initiations seen from Wall Street research calls this Wednesday morning. Analog Devices Inc. (NYSE: ADI) Reiterated Buy and Raised target to…
First-quarter earnings plunged at Devon Energy Corp. (NYSE: DVN) compared with the same period a year ago. The good news is that expectations were even lower. Excluding items, Devon posted EPS of…
Jon OggThese are some of the top analyst upgrades, downgrades, and initiations seen from Wall Street research calls this Tuesday morning. Abercrombie & Fitch Co. (NYSE: ANF) Raised to Buy at BofA/ML.…
Oil was hitting highs earlier today despite a recovery in the markets that fell the most on Friday. The situation in Egypt is not exactly getting better, but it has not yet…
These are some of this Monday’s top analyst calls with upgrades, downgrades, and initiations seen from Wall Street research firms. Apache Corp. (NYSE: APA) Removed from Goldman Sachs Conviction Buy List. Broadcom…
Apache Corporation (NYSE: APA) is feeling a pinch from the riots in Egypt. The company is a very large independent oil and natural-gas producer and it has very large exposure to Egypt. …
Jon C. Ogg Today’s research section is being hampered due to post-holiday absence and due to the Northeast blizzard having shut much of the Northeast down. These are some of this Monday’s key analyst upgrades,…
