A year ago, shares of BP plc (NYSE: BP) closed near $41. Yesterday the shares closed near $42, about 15% below the stock’s 52-week high. When the company reported third quarter earnings…
Large US oil companies have had a good year. Not the best ever, but good nonetheless on high prices for crude oil. The big reason for solid profits has been the differential…
These are some of this Thursday’s top analyst upgrades, downgrades, and initiations seen having an impact from Wall Street research calls. Altera Corporation (NASDAQ: ALTR) Cut to Neutral at Baird. Bank of New…
Jon OggThese are some of this Tuesday’s top analyst upgrades, downgrades, and initiations seen having an impact from Wall Street research calls. ARM Holdings plc (NASDAQ: ARMH) Raised to Buy at Citigroup. CareFusion Corporation…
A decision is expected by the end of this year from the US State Department on whether or not the US will allow the Keystone XL pipeline to be built. TransCanada Corp.…
In mid-afternoon trading today, WTI crude has fallen below $80/barrel and looks set to end the month down about -10%. Given all the dismal economic news that came out this month, it’s…
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…
After popping to an intra-day high near $5/thousand cubic feet (tcf) in early June, natural gas prices have dropped back to around $4/tcf and hovered there for about six weeks. It’s not…
Jon OggThese are some of this Monday’s top analyst upgrades, downgrades, and initiations seen having an impact from Wall Street research calls. Agrium Inc. (NYSE: AGU) Raised to Neutral at Goldman Sachs.…
Beginning in the early 1990s, integrated oil companies and some independents began stripping away their midstream assets like interstate pipeline and gathering systems to focus more on the money-making parts of the…
So far this year we’ve noted a couple of major spin-offs in the energy section. Marathon Oil Corp. (NYSE: MRO) spun out its downstream business into Marathon Petroleum Corp. (NYSE: MPC) and…
A barrel of oil contains about six times as much energy as a thousand cubic feet of natural gas. By that metric, at today’s WTI price of around $90/barrel, natural gas should…
One study after another has demonstrated the income disparity between women and men. Not surprisingly, this gender discrimination carries all the way into America's boardrooms and corporate suites, where women continue to…
This past weekend’s startling developments in Libya hit the crude oil markets almost instantly. Brent crude in Europe fell to around $105/barrel at one point, while WTI crude has gained about half…
Companies that provide the tools and services to clean up oil spills made the news following last year’s disaster in the Gulf of Mexico. Speciality chemical companies that make the fluids used…
