In a new research report, the energy team at Cowen says that negative earnings revisions in big oil stocks are starting to level off. The major integrated names could be in for…
thinkstockApril 17, 2014: Markets opened lower on Thursday as traders reacted to weak earnings results from a couple of the tech giants. But strength in other sectors pulled shares up to trade…
Wikimedia CommonsThe U.S. Energy Information Administration (EIA) released its weekly petroleum status report Wednesday morning. U.S. commercial crude inventories increased by 10 million barrels last week, maintaining a total U.S. commercial crude…
ThinkstockThe U.S. Energy Information Administration (EIA) released its weekly petroleum status report Wednesday morning. U.S. commercial crude inventories increased by 4 million barrels last week, maintaining a total U.S. commercial crude inventory…
These are the top analyst upgrades, downgrades and initiations seen on Wednesday, April 9, 2014. They include Apache, Arch Coal, CBOE, Chevron, GM and Nasdaq OMX.
These are the top analyst upgrades, downgrades and initiations seen from Wall Street research firms on Thursday, April 3, 2014. They include Apple, Intel, Chevron, Exxon, Qualcomm and Citigroup.
Barrons.comThe oil industry may feel picked on by Barron’s of late. Master limited partnerships (MLPs) were not exactly given the biggest welcome mat in a piece about Kinder Morgan Inc. (NYSE: KMI).…
Good news for BP -- it has been reinstated with a Buy rating by Bank of America Merrill Lynch. Exxon Mobil was also upgraded to Buy.
ThinkstockGasoline prices may not have reached the $4 a gallon level, which is often considered the point at which anxiety about the price creates large cracks in consumer spending. However, the price…
Douglas A. McIntyre courtesy of Wal-Mart Stores Inc.A new business just opened its doors in Bentonville, Ark., the hometown of Wal-Mart Stores Inc. (NYSE: WMT). The business is called “Walmart To Go” and for now…
Last week the EPA removed its restrictions on BP, allowing the company once again to conduct business with the federal government and giving the company the right once more to bid on…
Chevron CEO John Watson told a Houston audience earlier this month that crude oil costing $100 a barrel is becoming the new $20 in the industry, and the inference we might draw…
thinkstockMarch 18, 2014: Markets opened higher on Tuesday and the number buyers rose throughout the day. There was something of a Vladimir Putin rally today following Russia’s formal annexation of Crimea, Putin’s…
The Dow Jones Industrial Average rose 26.5% in 2013, but now we see several key stocks in the DJIA posting serious losses year to date. 24/7 Wall St. wanted to identify the…
thinkstockMarch 12, 2014: Markets opened lower on Wednesday following a so-so trading day in Europe. Crude oil pulled back 2% after the EIA’s inventory report indicated a larger inventory gain than expected.…
