thinkstockSeptember 30, 2015: Markets opened higher on Wednesday and the DJIA maintained a triple-digit point gain for the whole day. The ADP employment report was in-line with expectations and suggests no big…
Chevron has amended its bylaws to allow proxy access under certain circumstances to certain shareholders.
Jon C. Ogg ThinkstockThe U.S. Energy Information Administration (EIA) released its weekly petroleum status report Wednesday morning. U.S. commercial crude inventories decreased by 4 million barrels last week, maintaining a total U.S. commercial crude inventory…
Investors and analysts have been talking about consolidation in the oil patch ever since the beginning of this year, but not many companies have stepped up to the plate.
Stock pickers, particularly those with a focus on value and income stocks, are finding many great bargains out there.
The September 15 short interest data have been compared with the previous figures, and short interest for the selected big oil stocks increased almost across the board.
U.S. refineries have begun the transition to winter-grade fuel and we should see refinery throughput slow to below 90% of capacity in the next week or two before picking up again.
thinkstockSeptember 16, 2015: Markets opened higher again on Wednesday apparently anticipating no action by the Fed to raise interest money. The consumer price index dropped which also worked against a rate hike…
If Moody’s Investors Service is right, the world’s largest oil companies will experience a contraction of 20% in their cash flows in 2015.
The U.S. Energy Information Administration says U.S. commercial crude inventories decreased by 2.1 million barrels last week.
Oil, gas and energy remains in a very high state of uncertainty. Still, the price of oil has acted as though it wants to find some stable ground.
Friday's top analyst upgrades, downgrades and initiations include BP, Chevron, Lululemon Athletica, Petrobras, Motorola, Shake Shack and Under Armour.
It just so happens that some of the latest short interest readings for major oil companies are backing off highs, while others are pushing on new highs.
U.S. commercial crude inventories increased by more than 2 million barrels last week, according to the U.S. Energy Information Administration.
thinkstockSeptember 9, 2015: Markets opened higher on Wednesday but ended up drifting lower all to finish the day lower. Talk of a stimulus package for the Chinese equity market gave Shanghai shares…
