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…
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…
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…
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…
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,…
The markets are currently shaky and investors are looking for cover. While many seek defensive stocks and while many seek high dividends to offer equity exposure with some safety, one area that…
Every state posted GDP growth between 2000 and 2010, according to the latest U.S Department of Commerce data, which was released earlier this week. The growth rates, however, were very wide. Michigan’s…
First-quarter earnings plunged at Devon Energy Corp. (NYSE: DVN) compared with the same period a year ago. The good news is that expectations were even lower. Excluding items, Devon posted EPS of…
Today’s review of developments in alternative energy includes a look at the drop in investment in clean energy projects, the likely cancellation of shale gas drilling permits in France, as well as…
Jon OggThese are some of the top analyst upgrades, downgrades, and initiations seen from Wall Street research calls this Thursday morning. Akamai Technologies Inc. (NASDAQ: AKAM) Raised to Buy at Stifel Nicolaus.…
There are several research upgrades and downgrades this morning that may feel meaningless in the overall scheme of things due to the international headlines coming from Japan and the Middle East. The…
Jon OggThese are some of the top analyst upgrades, downgrades, and initiations seen from Wall Street research calls this Tuesday morning. American Superconductor Corporation (NASDAQ: AMSC) Cut to Hold at Needham. Central…
We have many big events to watch for in the coming week at American Water Works Company, Inc. (NYSE: AWK), Apple Inc. (NASDAQ: AAPL), AT&T Inc. (NYSE: T), Verizon Communications Inc. (NYSE:…
There are many new characters in this week’s installment of “The Unusual Suspects for the Week Ahead.” We have tracked news and added color on each where applicable. The cast of characters…
The acquisition of XTO Energy by Exxon Mobil Corp. (NYSE: XOM) instantly turned the oil giant into the largest natural gas producer in the US. We’ve already had our say about Exxon’s…
