Apache Boosts Capex on 3 Billion Barrel Discovery
Independent oil and gas producer Apache has announced the discovery of a new shale play, called the Alpine High, in the Delaware Basin portion of the Permian Basin.
Independent oil and gas producer Apache has announced the discovery of a new shale play, called the Alpine High, in the Delaware Basin portion of the Permian Basin.
By one count, some 3 billion barrels of crude oil valued at about $840 billion have gone missing since the end of 2014.
Stocks were indicated higher on Thursday, after gains on Tuesday and Wednesday were handy. Oil also crossed back above the $50 barrier again for the first time since October 2015. The notion…
Friday’s top analyst upgrades, downgrades and initiations include Apache, Baker Hughes, Jack in the Box, Rite Aid, Synchrony Financial and U.S. Steel.
Apache reported fourth-quarter and full-year 2015 results before markets opened Thursday morning.
Standard & Poor's has downgraded many of its official corporate credit ratings in the oil and energy patch. It took ratings actions on 20 different issuers in the oil and gas exploration…
Prospects for a recovery in the energy sector have been getting dimmer in the past several weeks, and Tuesday's announcement from Moody's Investor Services darkens an already bleak picture.
ShutterstockInvestors seeking good bets in the oil and gas exploration and production (E&P) sector are not exactly thick on the ground. Nor are there a lot of good bets on offer. The…
The pure play exploration and production companies could find the going much tougher than even the integrated giants did.
ThinkstockWhile the markets remain focused on Greece and China, the month of July has been a hard month for the oil and gas sector. Oil had reached $60 again, but now West…
24/7 Wall St. often takes a long view of opportunities beyond the near-term noise that the financial media pushes toward investors.
In a new research note, RBC sees the second half of the year ramping up with top oil companies increasing drilling activities.
24/7 Wall St. has reviewed nine different analyst calls in the energy sector with solid upside targets. Some obviously have more risk than others, but there are industry and sub-sector leaders in…
Friday's top analyst upgrades, downgrades and initiations include Alcatel-Lucent, Alibaba, CyberArk, Yelp, Rocket Fuel and Choice Hotels.
Apache reported better-than-expected first-quarter 2015 results before markets opened Thursday morning.