7:42am ET
Energy
Oil and Gas Short Sellers Head for the Exits
Short sellers reduced their positions in big oil and gas stocks in the two-week reporting period ending July 15. But prices on the stocks have continued to move lower.
Companies
/Energy
BP PLC ADR
$42.50
▼ $0.36 (−0.84%) today
Markets closed · 10:01pm ET
BP Coverage
Page 108:42am ET
Investing
Short Sellers Still Like Oil and Gas Stocks
Short interest in oil and gas stocks slipped a bit in the two-week period that ended June 30. Crude prices have been relatively flat for about six weeks.
8:21am ET
Energy
5 Oil Dividends That Are Still Too High
The oil and gas industry has been hit hard by the COVID-19 pandemic, but many companies have continued to pay their previous dividends. Are they going to be able to continue doing…
2:09pm ET
Energy
What BP Gains from the Sale of its Petrochemical Business
UK-based oil major BP has agreed to sell its global petrochemical business to privately held Ineos for $5 billion. This is only the second-largest deal the two companies have done together.
Paul Ausick 10:24am ET
Energy
Short Sellers Scored Big on Oil and Gas Stocks
In the two-week short interest period that ended June 15, oil and gas stocks mostly saw declines in short selling, but share prices fell off a cliff for most.
8:05am ET
Investing
8 High-Yield Dividends That Could Be Cut or Suspended in the Recession
If investors have learned one thing over time, it is that it can be very painful when a company announces that it is cutting its dividend. 24/7 Wall St. has screened out…
11:53am ET
Energy
BP Adds $12 Billion in Liquidity as It Tries to Protect Dividend
Oil supermajor BP is issuing some $12 billion in new debt as it works to beef up its balance sheet ahead of a second-quarter asset impairment that could go as high as…
Paul Ausick 7:38am ET
Energy
BP Warns of Q2 Charge of Up to $17.5 Billion
British oil and gas giant BP announced Monday that it would take a second-quarter write-off of some $13.0 billion to $17.5 billion due to the near- and long-term impacts of the COVID-19…
Paul Ausick 8:45am ET
Energy
Short Sellers Don’t Fight the Surge in Oil and Gas Stocks
Short interest in oil and gas stock mostly declined in the two-week period that ended May 29. Rising crude oil prices get the credit.
6:45am ET
Energy
National Employee Morale Day: BP to Cut 10,000 Jobs
Another energy company believes it is overstaffed. Oil giant BP will cut 10,000 jobs. Most of those jobs will be office based.
Douglas A. McIntyre 10:12am ET
Energy
Short Sellers Focus on Some Oil and Gas Stocks
Short interest rose on several oil and gas stocks during the two week reporting period that ended May 15.
9:56am ET
Investing
Top Analyst Upgrades and Downgrades: Applied Materials, Bank of America, BP, Goldman Sachs, Northrop Grumman, PayPal, PG&E, Yum Brands and More
Friday's top analyst upgrades and downgrades included Applied Materials, Bank of America, BP, Goldman Sachs, Northrop Grumman, PayPal, PG&E, Sallie Mae and Yum Brands.
10:44am ET
Energy
Short Sellers Chase One Major Oil and Gas Stock
Short interest in oil and gas stocks was mixed in the two-week reporting period ended April 30. Short sellers took particular aim at one target.
11:21am ET
Energy
What to Expect From Exxon, Chevron Q1 Results
U.S. oil majors Exxon Mobil and Chevron report first-quarter results Friday morning that will be far below initial expectations. Both, however, will pay their regular dividend for both the first and second…
7:35am ET
Energy
Short Sellers Disagree on Direction in Oil and Gas Stocks
Short interest in oil and gas stocks was mixed in the two-week reporting period ended April 15. The biggest move was a near-halving on short interest in one supermajor.