Whether or not the 1,700-mile Keystone XL that would transport crude oil from Canada’s oil sands to the US Gulf coast is necessary all depends on one’s point of view. Some, mostly…
There are many new characters in this week’s installment of “The Unusual Suspects for the Week Ahead.” We have tracked news and added color on each where applicable. The cast of characters…
Shares in Exxon Mobil Corp. (NYSE: XOM) posted a new 52-week high of $76.62 yesterday, up about 11% in the past year. That’s not bad growth for the largest company in the…
The Alaska oil pipeline from Prudhoe Bay to Valdez was shut down early Saturday morning following a spill of about 10 barrels of oil into the basement of a pump station on…
These are some of this Monday’s top analyst calls with upgrades, downgrades, and initiations seen from Wall Street research firms. Adobe Systems Inc. (NASDAQ: ADBE) Raised to Buy with $35.50 target at…
These are some of this Thursday’s key analyst upgrades, downgrades, and initiations seen in Wall Street research calls. Amazon.com Inc. (NASDAQ: AMZN) Reiterated Buy and raised target to $198 at BofA/ML. American…
The US Environmental Protection Agency’s appeals board has essentially canceled permits that would have allowed Royal Dutch Shell plc (NYSE: RDS-A) to operate a drillship in the Chukchi and Beaufort seas off…
Apple Inc. (NASDAQ: AAPL) is hitting new all-time highs yet again on the first trading day of 2011. What is more interesting is that its $329.76 price currently generates a market cap…
It’s already 2011 and we have our outlook pieces for the year for sectors and indexes. While most of our pieces are examining upside going into what is expected to be a…
Momentum is building for oil prices to breach the $100/barrel level again. The black stuff has gained nearly 9% in December, and a total of 15% for 2010. This is good news…
Can the Dow Jones Industrial Average rise 12.65% more in 2011 after gaining about 11% in 2010? Our calculations show the the DJIA is likely to hit 13,042.06 in 2011. That’s a…
The acquisition of XTO Energy by Exxon Mobil Corp. (NYSE: XOM) instantly turned the oil giant into the largest natural gas producer in the US. We’ve already had our say about Exxon’s…
How big oil stocks perform in 2011 will be highly dependent on the price of crude oil. That’s not a particularly original thought, but it remains true nonetheless. The price of crude…
Apple Inc. (NASDAQ: AAPL) is the stock market darling that almost no one wants to hate. Finding negative analyst reports is a difficult task. The company over-delivers on most products and continually…
The price for a barrel of crude has risen about 17% since the beginning of 2010, to near $92/barrel. Positive forecasts for global economic growth, combined with a weaker US dollar are…
