Just about every economist says that the employment rates, ergo the unemployment rate, is a lagging indicator. The same is arguably true for the total number of rigs in oil and gas. …
Oil field services biggies, Halliburton (NYSE:HAL) and Weatherford (NYSE:WFT), reported first quarter results before the market opened this morning. Halliburton reported EPS of $0.64 on revenue of $4.03 billion, and First Call…
Schlumberger Ltd. (NYSE: SLB) has posted diluted earnings-per-share of $1.11 versus $1.09 in the previous quarter, and $0.92 in the fourth quarter of 2006. Revenues were $6.2477 Billion, up from $5.349 Billion…
Media reports today are noting a $100 print in oil trading, although we would caution that this appears to be a paper trade from the floor and not an accurate market trading…
The great oil sage T. Boone Pickens was just on CNBC for a quick interview while he was out in California today to kick off the Long Beach and Los Angeles harbors…
Goldman Sachs may not be reversing its entire bullish stance on oil after oil traded over $93.00 per barrel on Monday, but it is recommending some old fashioned profit taking. Goldman Sachs…
Oil crossed the $85.00 threshold today and then crossed the $86.00-mark. On last look, black gold was trading at $86.04 per barrel, up $2.35 from Friday. The reason is tied to Iraq,…
If you know market pundits, you know Ken Heebner of CGM Realty. He made a fortune for investors on investing in real estate and he ditched that las year in favor of…
The famed T. Boone Pickens came on CNBC for a telephone interview again with new predictions for high oil prices. It was a bit interesting that he doesn’t have a stated target…
Today was a landmark in oil: $80.00 per barrel was hit briefly. If you were hoping that the OPEC raised production targets yesterday was going to be a huge help, guess again. …
Stock Tickers: VLO, XOM, CVX, COP, SLB, HAL, OIH, HES, PBR, MRO, BHI, RIG, BJS, WMB, GSF, BP, VLO, WFT, NOV, HES Higher and higher oil prices got you down? They definitely…
DJIA 13,553.73; +71.38 (0.53%)….DIAMONDS Trust (DIA) +0.67%S&P500 1,522.97; +7.30 (0.48%)…SPDRs ‘Spyders’ (SPY) +0.64%NASDAQ 2,599.41; +17.10 (0.66%)….NASDAQ 100 PowerShares…
On today’s STOP TRADING segment on CNBC, Cramer had several key stock picks: Cramer said he loved the Burger King interview (BKC) earlier on CNBC because it went from a bad company…
Stock Tickers: OIH, DBB, ITB, UVT, GWL, URE, DUG, EZA, HHK, FBT, INP, EWZ, PGJ, CHN ETF WINNERS JUNE 4, 2007:Oil Services HOLDRs (OIH) …
Stock Tickers: BP, VLO, MRO, BHI, RIG, XOM, CVX, COP, SLB, HAL, OIH The short interest for MAY 2007 is out and the oil and energy patch names is fairly mixed. The…
