ThinkstockWe have tracked the key short interest changes as of December 15 in the following oil and gas leaders: Baker Hughes Inc. (NYSE: BHI), BP PLC (NYSE: BP), Chesapeake Energy Corp. (NYSE:…
ThinkstockCrude oil transportation on the Seaway pipeline resumed today at the pipeline’s full capacity of 400,000 barrels a day now available to shippers wanting to move crude from the storage point at…
U.S. equity markets opened slightly higher this morning following the report that nonfarm payrolls had grown by 155,000, better than the expected growth of 150,000 (more coverage here). The December unemployment rate…
thinkstockLooking back on 2012, it is hard to discern the biggest story in the oil and gas sector. The reshuffling of assets was certainly a contender, as was the huge growth in…
ThinkstockLast night’s agreement on a fiscal cliff deal is lifting the commodities markets this morning, especially for crude oil. Traders are reacting to the now-lessened chance of a global recession led by…
ThinkstockThe oil and gas industry increased its mergers and acquisitions deals in 2012 by 38% over 2011, according to Dealogic. M&A activity totaled $348 billion in 2012, the industry’s highest total since…
ThinkstockWe have tracked the key short interest changes as of November 30th in the following oil and gas leaders: Baker Hughes Inc. (NYSE: BHI); BP PLC (NYSE: BP); Chesapeake Energy Corporation (NYSE:…
ThinkstockLooking back on 2012, it is hard to discern the biggest story in the oil and gas sector. The reshuffling of assets is certainly a contender, as is the huge growth in…
ThinkstockAt an investor conference this morning, the CEO of Phillips 66 (NYSE: PSX) that the company will commit some of its oil and gas transportation (midstream) assets to the formation of a…
Paul Ausick ThinkstockWe have tracked the key short interest changes as of November 30 in the following oil and gas leaders: Baker Hughes Inc. (NYSE: BHI), BP PLC (NYSE: BP), Chesapeake Energy Corp. (NYSE:…
ThinkstockWhen Valero Energy Corp. (NYSE: VLO) reported second quarter earnings last July, the company said it would seek a tax-efficient spin-off of its retail business. In a presentation to investors today, the…
ThinkstockWe have tracked the key short interest changes as of November 15 in the following oil and gas leaders: Baker Hughes Inc. (NYSE: BHI), BP PLC (NYSE: BP), Chesapeake Energy Corp. (NYSE:…
Mark Hirschey / Wikimedia CommonsBerkshire Hathaway Inc. (NYSE: BRK-B) (NYSE: BRK-A) and Warren Buffett have just released their most recent U.S.-listed equity holdings. Many changes had been made in the June quarter…
ThinkstockWe have tracked the key short interest changes in the following oil and gas leaders: Baker Hughes Inc. (NYSE: BHI), BP PLC (NYSE: BP), Chesapeake Energy Corp. (NYSE: CHK), Chevron Corp. (NYSE:…
ThinkstockAAA’s Daily Fuel Gauge Report has the nationwide average price of a gallon of regular gasoline at $3.462. That is down from $3.521 a week ago and from $3.818 a month ago.…
