Oil Well Completion Backlog Could Weigh on Crude Prices for Years
A report from Bloomberg has claimed more than 4,700 drilled wells in the United States have not been completed while oil producers wait for prices to rise again.
A report from Bloomberg has claimed more than 4,700 drilled wells in the United States have not been completed while oil producers wait for prices to rise again.
Some of the latest short interest readings for major oil companies are continuing to push new highs for the most recent settlement date.
Wells Fargo made some broad calls on the oil market about what it sees coming for West Texas Intermediate (WTI) crude, as well as for some major oil companies.
Common sense would say that short sellers have made huge bets and boatloads of money as the stocks and commodities around the oil patch have suffered.
24/7 Wall St. has evaluated the key short interest data on big oil for the settlement date of February 27, 2015.
Common sense would say that short sellers have made huge bets and boatloads of money as the stocks and commodities around the oil patch have suffered.
Merrill Lynch analysts have added BlackRock and retained Citigroup on the firm's prized US 1 list.
Common sense would say that short sellers have made huge bets and boatloads of money as the stocks and commodities around the oil patch have suffered.
Tuesday's top analyst upgrades, downgrades and initiations include AES, Citigroup, Gap, Occidental Petroleum , Qualcomm and Transocean.
24/7 Wall St. screened the updated UBS Dividend Ruler list for five of the current highest yielding companies.
Monday's top analyst upgrades, downgrades and initiations include American Electric Power, Avon Products, Cameron, Deckers Outdoor, LabCorp and Occidental Petroleum.
Common sense would say that short sellers have made huge bets and boatloads of money as the stocks and commodities around the oil patch have suffered.
A new report from UBS includes the first 2015 changes to the firm's Dividend Ruler list of stocks to buy. We screened the list for the current highest yielding stocks.
In a new research report from Merrill Lynch, while they like the merits of large and small cap energy stocks, they concede that large cap is the place to buy now.
Here are the five large-cap oil stocks with Buy ratings currently at Jefferies. The theme is clear. Buy the big-boys that pay the big dividends.