ThinkstockNorth American natural gas supply is again on the rise. The most significant driver has been continued strong results from the low-cost basins (Marcellus, Montney), which have supported notable upside to volume…
Higher demand from growing East Coast markets coupled with favorable economics even at currently low prices point to a continued boom in natural gas production from the Marcellus shale play according to…
Jon OggThese are some of the top analyst upgrades, downgrades, and initiations seen from Wall Street brokerage and research firms this Tuesday morning. Amgen Inc. (NASDAQ: AMGN) Reiterated Buy and Raised target to…
October may have been one of the best months of many of our lives in equities. The SPDR S&P 500 (NYSE: SPY) rose by 10.9%. in October, but the year-to-date gain has been…
Late Wednesday night, natural gas prices inexplicably dropped by about 8% on the NYMEX, well after the exchange had closed for the day. It took only a few seconds for the price…
We’ve been following recent announcements of pullbacks in capital spending in the oil and gas patch. Every day it seems, one or two more companies announce that capital spending will be cut…
Before the market opened this morning, Equitable Resources (NYSE:EQT) announced a capital expenditure budget of $1 billion for 2009. This amount is down from Equitable’s expected capex of $1.4 billion this year.…
Douglas A. McIntyre These are some of the early upgrades we are seeing on Wall Street this Thursday morning: Encore Acquisition (EAC) Raised to Buy at Goldman Sachs. Equitable Resources (EQT) Started as Outperform at…
Douglas A. McIntyre Pre-open earnings came out today for Chevron (NYSE:CVX), El Dorado Gold (NYSE:EGO), Equitable Resources, (NYSE:EQT), and Tidewater (NYSE:TDW). Two play in the oil and gas patch, one is an oilfield services company,…
