We 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:…
Jon OggThese are some of the top analyst upgrades, downgrades and initiations seen from Wall St. research calls this Monday. Today’s calls are light perhaps due to the Columbus Day holiday. Alcatel-Lucent…
A gallon of unleaded gasoline cost an average of $4.49 in California yesterday. In San Francisco, gasoline is a dime per gallon more expensive. Gas stations are closing either because they cannot…
Jon OggSince June, gasoline prices have climbed more or less steadily and are now 35 cents per gallon higher than they were a year ago. According to AAA’s daily fuel gauge report,…
It’s been a good year for refining stocks. Six large independent refiners are posting 12-month gains of between about 40% and 140%. All six — Valero Energy Corp. (NYSE: VLO), Marathon Petroleum…
Short interest in the oil services companies has risen, while one of the two refiners on our list -- Phillips 66 -- posted a substantial drop in short interest. As crude prices…
The unusual, and yet totally unexplained, drop in the price of oil on Monday has created some serious shake outs in the price and the trends in oil. With NYMEX WTI crude reaching…
Jon OggThese are some of the top analyst upgrades, downgrades and initiations seen from Wall St. research calls this Tuesday. Abbott Laboratories (NYSE: ABT) cut to Market Perform at Leerink Swann. Alcoa…
Oil refiners have been hit today with a double dose of bad news. Over the past three months, stocks in refiners are up from 26% to 78% as the companies have managed…
Jon OggThese are some of the top analyst upgrades, downgrades and initiations seen from Wall St. research calls this Monday. Accenture PLC (NYSE: ACN) reiterated Buy with $74 target at Argus. AK…
The three major U.S. stock indexes opened higher this morning and, following a morning dip, have remained in positive territory (barely) for most of the day. The first bit of big news…
Jon OggThese are some of the top analyst upgrades, downgrades and initiations seen from Wall St. research calls this Wednesday. Amgen Inc. (NASDAQ: AMGN) cut to Neutral at R.W. Baird. Automatic Data…
In its monthly Oil Market Report released this morning, the International Energy Agency (IEA) raised its global demand projections for 2012 and 2013 by 100,000 barrels a day to 89.8 million barrels…
The three major U.S. stock indexes opened higher this morning and have remained higher by a modest amount all day. Overseas markets were mixed, with Asian markets down in advance of tomorrow’s…
Crews were returning to both shallow-water and deep-water rigs in the Gulf of Mexico yesterday as the oil and gas industry prepares to restart production following Hurricane Isaac. A report from Platts…
