Three of the world's largest oil companies have adopted proposals to make them more responsive to and transparent regarding their impact on climate change. Don't expect any big changes.
Paul Ausick The now-concluded battle over which oil giant would get to pay billions of dollars for Anadarko is now over and short sellers probably made some money no matter which horse they backed.
Now that Chevron has declined to make a counter-offer to Occidental's bid for Anadarko, where else can Chevron and the other supermajor companies look for possible acquisitions?
Two mid-size energy master limited partnerships announced a definitive merger agreement Wednesday morning.
Short interest in four top energy stocks fell in the reporting period that ended April 15 while short interest rose in just two.
The $57 billion counter-offer from Occidental that topped Chevron's offer for Anadarko again raises the question of which U.S. Permian-based oil producers may be the next acquisition targets.
The top analyst upgrades, downgrades and initiations seen on Tuesday included BP, Cognizant Technology Solutions, Cisco Systems, Dow, Ensco, Hess, Micron Technology, Netflix and Sunoco.
Chevron's $33 billion has generated a lot of interest in other companies that might be next to be acquired. But who might be buying?
Short sellers pulled back on their bets for falling share prices among major oil companies in the last two weeks of March.
As crude oil prices rose over the past month, so too has short interest in energy company stocks.
Just when it looked as if crude oil prices were going to pull back, suddenly a one-day surge has taken oil back above $60 per barrel.
The February 28 short interest data have been compared with the previous figures, and short interest in most of these selected big oil stocks decreased.
The February 15 short interest data have been compared with the previous figures, and short interest moves in these selected big oil stocks were mixed.
The January 31 short interest data have been compared with the previous figures, and short interest in most of these selected big oil stocks decreased.
Oil supermajor BP reported blockbuster fourth-quarter and full-year results Tuesday morning. Yearly profit doubled compared to 2017 and liquids production is rising.
Paul Ausick 
