At the end of December, Brent crude spot prices were around $107/barrel and WTI spot prices were around $99/barrel. Since then, Brent has risen to right around $121/barrel today and WTI is…
All three major indexes opened higher this morning, but the strength didn’t last as the Chicago PMI number failed to meet expectations and came in lower even than last month’s reading. The…
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…
A report earlier today that Chesapeake Energy Corp. (NYSE: CHK) was reducing its drilling programs due to the low prices for natural gas. Competitors like Range Resources Corp. (NYSE: RRC), Encana Corp.…
Crude oil prices have risen this year, although they have been tapering off in the past couple of months. Pump prices have been driven by the price differential between Brent crude and…
US based oil and gas producer Quicksilver Resources Inc. (NYSE: KWK) has formed a partnership with investment firm Kohlberg Kravis Roberts & Co. (NYSE: KKR) to further the development of Quicksilver’s Horn…
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…
The DJIA jumped above 12,000 in the opening minutes of trading this morning and had topped 12,200 by mid-afternoon. European Union leaders have agreed on a deal that would make up to…
Jon OggThese are some of this Thursday’s top analyst upgrades, downgrades, and initiations seen from Wall Street research calls this morning. Alexion Pharmaceuticals, Inc. (NASDAQ: ALXN) named Bull of the Day at Zacks.…
The US Geological Survey has released a new estimate of the amount of undiscovered natural gas in the Marcellus shale deposit. The original USGS estimate, made in 2002, projected a total of…
ThinkstockThe boom in natural gas production resulting from horizontal drilling and hydraulic fracturing (fracking) has come at a price. There is plenty of anecdotal evidence that the chemical stew of fluids used…
S&P 500 WEEK TOP 10 (11 MAR -17 MAR) Ticker Weekly Price Change (%) Close Price 17Mar11 Close Price 11Mar11 Market Cap($Mil) CONSOL Energy Inc. CNX 13.8 55.33 52.48 12517.7 Peabody Energy…
Jon OggThese are some of the top analyst upgrades, downgrades, and initiations seen from Wall Street research calls this Tuesday morning. A123 Systems Inc. (NASDAQ: AONE) Raised to Neutral at BofA/ML. Boston…
The land rush to acquire and develop shale gas deposits remains as competitive as ever. But the way that the gas is extracted threatens to put a crimp in development of shale…
By Eric Chenoweth of Morningstar The energy sector has some key players trading at a discount to a longer-term fair value. Morningstar highlights this with new updated price targets in the energy…
