With refinery utilization rising, U.S. inventory draws starting in May, and a huge Russell rebalance that should favor energy in June, oil prices may be poised to go higher.
A brief look at 10 energy companies reporting earnings this week, and how they stack up against an estimated drop of 86% in annual profits.
Merrill Lynch has five large-cap energy stocks that rank as the analysts' top ideas and make sense for long-term growth portfolios.
These five Stifel large cap energy stock picks look to be good additions to long-term growth portfolios, even though they have had big runs since posting lows a year ago.
Here are the five top large cap oil and gas stock picks at Merrill Lynch right now. These top companies make sense for long-term growth portfolios.
Monday’s top analyst upgrades, downgrades and initiations include Anadarko Petroleum, Bristol-Myers Squibb, Comcast, Walt Disney and Merck.
A new JPMorgan research report points to the OPEC production cut as a catalyst for next year, and overall the firm is reasonably bullish for 2017.
Many key brokerage firms made upgrades to the oil patch stocks after OPEC's production cuts were announced. Others hiked price targets, even if their ratings were kept the same.
If OPEC does agree on production cuts, oil should see a pop in the spot price and the top companies in the sector could jump as well.
With crude oil ending above $50 for the second week in a row, and with rig counts still rising, it turns out that many more investors have started warming up to the…
Freeport-McMoRan has announced that its oil and gas subsidiary has agreed to sell its deepwater Gulf of Mexico assets to Anadarko Petroleum for $2 billion.
With the weather expected to stay hot, especially in Texas and across the Southwest, demand for electricity is big, and many top utilities are using clean-burning natural gas.
Merrill Lynch has raised price targets on many of the stocks in its energy coverage universe, These three outstanding companies continue to be favorites across Wall Street.
Lee Jackson By one count, some 3 billion barrels of crude oil valued at about $840 billion have gone missing since the end of 2014.
As the price for a barrel of crude oil continues to threaten $50, exploration and production companies remain unconvinced that it will rise beyond that level and stay there long enough to…
