ThinkstockTwo recent well-respected and long-running oil industry publications have proclaimed that booming production in North America, particularly in the U.S. shale fields, will hit a plateau as early as 2016 and that…
Wikimedia CommonsExxon Mobil Corp. (NYSE: XOM) has not been much of a great stock market participant for such a strong bull market. Its gains coming into Monday have only been 10% so…
ThinkstockThe UBS proprietary institutional flow data indicates that hedge funds are increasing exposure to financials and decreasing exposure to health care. Given that health care has outperformed significantly year to date, hedge…
courtesy of Chevron Corp.Chevron Corp. (NYSE: CVX) reported third-quarter 2013 results before markets opened Friday morning. The oil and gas supermajor posted diluted earnings per share (EPS) of $2.57 on revenues of…
Paul Ausick ThinkstockOil industry data and publishing firm Platts announced on Tuesday its annual list of the top 250 global energy companies. This marks the twelfth year that Platts has compiled its listing. The…
courtesy of BP plcThe Deepwater Horizon explosion that resulted in a historically large oil slick in the Gulf of Mexico began on April 20, 2010. BP PLC (NYSE: BP), which operated the…
Jon OggEarnings season is in full swing and this coming week will bring many key earnings reports. This will also be the last week of major on-calendar earnings for the third quarter,…
ThinkstockThe big North American integrated oil and major oil-producing stocks will begin to release their quarterly results on October 24. The research team at J.P. Morgan Chase & Co. (NYSE: JPM) are…
ThinkstockIt was only a matter of time. In the wake of the 1973 OPEC oil embargo, the U.S. enacted a law in 1975 that prohibits (with minor exceptions) exporting U.S. crude oil.…
ThinkstockThe Permian Basin in West Texas is truly a story of the Phoenix rising from the ashes. Since its discovery, the oil-rich region has had its ups and downs, with activity sloping…
ThinkstockWith tops across the Nasdaq, Dow Jones Industrial Average (DJIA) and S&P 500, concern is growing that, with a relatively poor economy and high unemployment, low interest rates cannot keep pushing the…
Courtesy Boeing Co.Boeing Co. (NYSE: BA) is a very important company to the U.S. stock market. It is not just that Boeing is involved in our national defense and not just that…
courtesy of Chevron Corp.Following a November 2011 leak of about 3,600 barrels of oil from a rig offshore of Brazil, Chevron Corp. (NYSE: CVX) and driller Transocean Ltd. (NYSE: RIG) were slapped…
ThinkstockThe run-up in crude oil prices that got rolling in mid-April has pushed West Texas Intermediate (WTI) crude prices from around $87 a barrel to almost $110 a barrel. That is a…
ThinkstockThe U.S. Energy Information Administration (EIA) released the September revision to its Short-Term Energy Outlook on Tuesday, and the major change is that the EIA now expects the average price of a…
