Jon OggThese are some of this Tuesday’s top analyst upgrades, downgrades, and initiations seen having an impact from Wall Street research calls. Alon USA Energy, Inc. (NYSE: ALJ) is the value stock…
After popping to an intra-day high near $5/thousand cubic feet (tcf) in early June, natural gas prices have dropped back to around $4/tcf and hovered there for about six weeks. It’s not…
The Pickens Plan is getting one more round of formal support, well indirect support at any rate. Westport Innovations Inc. (NASDAQ: WPRT) was halted ahead of news that it and Shell, under…
So far this year we’ve noted a couple of major spin-offs in the energy section. Marathon Oil Corp. (NYSE: MRO) spun out its downstream business into Marathon Petroleum Corp. (NYSE: MPC) and…
A barrel of oil contains about six times as much energy as a thousand cubic feet of natural gas. By that metric, at today’s WTI price of around $90/barrel, natural gas should…
A new initial public offering being filed by a Houston-based company called Sanchez Energy Corporation may not garner much interest all on its own. Not until investors realize that this is a…
None of China’s three largest oil companies is having a particularly good year as far as refining profits go. China Petroleum & Chemical Corp. (NYSE: SNP) — known as Sinopec — reported…
For the past two years or so T. Boone Pickens has been telling anyone who will listen of the benefits of substituting natural gas for gasoline and diesel fuel. Pickens owns about…
The US Geological Survey has released a new estimate of the amount of undiscovered natural gas in the Marcellus shale deposit. The original USGS estimate, made in 2002, projected a total of…
ThinkstockThe boom in natural gas production resulting from horizontal drilling and hydraulic fracturing (fracking) has come at a price. There is plenty of anecdotal evidence that the chemical stew of fluids used…
High prices have finally contributed to curing high prices in the world’s crude oil market. The gloomy economic forecasts for the second half of 2011 have combined with $120/barrel prices for Brent…
As the markets swoon today from Friday night’s downgrade of US debt, Standard & Poor’s is making other changes to its debt ratings. One sector that is unchanged is oil and gas,…
If you believe that an energy policy in the United States can happen in the coming years, there is almost no way that natural gas can be ignored. The massive shale plays,…
Earnings season is in full throttle and many major companies are due to report in the week ahead. Some of the key reports we are featuring for detailed earnings previews are the…
Another day, another energy acquisition by a Chinese firm. This time its Cnooc Ltd. (NYSE: CEO) putting out about $2.1 billion for Toronto-traded Canadian oil sands developer Opti Canada. In addition to…
