BP p.l.c. (ADR) (NYSE:BP)

Why Short Sellers Jumped on 2 Energy Stocks

Posted: May 10, 2019 at 8:10 am

Crude oil traded at around $61.98 a barrel early Friday. Over the past month, the price of West Texas Intermediate (WTI) crude has dipped from about $64 to around $62 ...
Read Full Story »

Why Chevron Let Anadarko Get Away

Posted: May 9, 2019 at 1:10 pm

In an announcement that should have surprised no one, Chevron Corp. (NYSE: CVX) said Thursday it would not counter a proposal from Occidental Petroleum Corp. (NYSE: OXY) to acquire Anadarko ...
Read Full Story »

$9 Billion Pipeline Merger All in the Family

Posted: May 8, 2019 at 8:20 am

Two mid-size energy master limited partnerships (MLPs) announced a definitive merger agreement Wednesday morning. MPLX L.P. (NYSE: MPLX) will acquire Andeavor Logistics L.P. (NYSE: ANDX) in an all-equity transaction valued ...
Read Full Story »

Short Sellers Remain Cool to Energy Stocks

Posted: April 26, 2019 at 10:45 am

Crude oil traded at around $64.05 a barrel early Friday. Over the past month, the price of West Texas Intermediate (WTI) crude has risen from about $60 to around $64 ...
Read Full Story »

6 Other Oil & Gas Companies for Chevron and Occidental to Fight Over

Posted: April 24, 2019 at 12:20 pm

Wednesday morning's announcement that Occidental Petroleum Corp. (NYSE: OXY) had countered a previous bid of $33 billion in cash and stock from Chevron Corp. (NYSE: CVX) to acquire Anadarko Petroleum ...
Read Full Story »

Top Analyst Upgrades and Downgrades: BP, Cognizant, Cisco, Dow, Ensco, Hess, Micron, Netflix, Sunoco and More

Posted: April 16, 2019 at 8:45 am

Stocks were indicated to open positive on Tuesday, on earnings and on more hopes for a China trade deal. The major market indexes are still up in the double-digit percentages ...
Read Full Story »

US Shale Buyout Targets Are Everywhere, but Are There Buyers?

Posted: April 15, 2019 at 12:20 pm

Last Friday's announcement that Chevron Corp. (NYSE: CVX) would pay $65 a share in cash and stock for Anadarko Petroleum Corp. (NYSE: APC) in a deal valued at $33 billion ...
Read Full Story »

Short Interest in Energy Stocks Cools Off

Posted: April 10, 2019 at 9:05 am

Crude oil traded at around $64.40 a barrel early Wednesday. Over the past month, the price of West Texas Intermediate (WTI) crude has risen from about $58 to around $64 ...
Read Full Story »

Short Interest in Energy Stocks Follows Oil Prices Higher

Posted: March 27, 2019 at 7:50 am

Crude oil traded at around $59.50 a barrel early Wednesday. Over the past month, the price of West Texas Intermediate (WTI) crude has risen from about $56 to around $60 ...
Read Full Story »

Institutional Interest Keeping Energy Stocks and ETFs Higher as Oil Challenges $60

Posted: March 26, 2019 at 10:55 am

Just when it looked as if crude oil prices were going to pull back, suddenly a one-day surge higher of 2.4% ($1.40) has taken oil back above $60 per barrel. ...
Read Full Story »

Short Sellers Run for Cover on Major Oil Stocks

Posted: March 12, 2019 at 9:15 am

Crude oil was trading right around $57 a barrel early on Tuesday. Over the past month, crude has fluctuated, ranging from $53 to $57 a barrel but following the markets ...
Read Full Story »

Short Sellers Grow More Selective on Major Oil

Posted: February 28, 2019 at 9:15 am

Crude oil was trading right around $57 a barrel early on Thursday. Over the past month, crude has fluctuated, ranging from $52 to $57 a barrel but following the markets ...
Read Full Story »

Short Sellers Retreat on Major Oil Stocks

Posted: February 12, 2019 at 10:05 am

Crude oil was trading right around $54 a barrel early on Tuesday. Over the past month, crude has fluctuated incredibly, following the markets lower for the most part. However, it ...
Read Full Story »

The BP Profit Engine Is Running at Full Throttle

Posted: February 5, 2019 at 7:30 am

BP PLC (NYSE: BP) reported fourth-quarter and full-year 2018 results before markets opened Tuesday. For the quarter, the oil and gas supermajor posted adjusted diluted earnings per American depositary share ...
Read Full Story »

Short Sellers Up the Ante in Major Oil Stocks

Posted: January 28, 2019 at 10:25 am

Crude oil was trading right around $52 a barrel early on Monday. Over the past month, crude has fluctuated incredibly, following the markets lower for the most part. However, it ...
Read Full Story »