Are Oil and Energy Stocks Becoming Too Cheap?
With crude oil trading in the mid-$40s for February delivery, there is little doubt that oil is cheap today. But is it too cheap?
With crude oil trading in the mid-$40s for February delivery, there is little doubt that oil is cheap today. But is it too cheap?
Wednesday's leading analyst upgrades, downgrades and initiations from top research calls from around Wall Street include Exxon, Lowe's, Paycom Software, Under Armour, Wal-Mart and Verizon Communications.
thinkstockJanuary 16, 2015: Markets opened slightly lower on Friday before turning around about an hour later. Energy stocks led the recovery after a report from the International Energy Agency lowered its estimate…
The U.S. Energy Information Administration has reported that U.S. natural gas stocks decreased by 236 billion cubic feet for the week ending January 9.
thinkstockJanuary 12, 2015: Markets opened higher on Monday but that didn’t last long. Falling crude prices sucked all the air out of the bulls, and falling tech stocks finished the job. Crude…
After the Dow gained 7.5% and the S&P 500 was up 11.4% in 2014, 24/7 Wall St. wants to know what lies ahead for the Dow in 2015. Our methodology and track…
One key consideration for the year ahead is that Exxon Mobil is under a major cloud due to hugely lower oil prices.
One key consideration for the year ahead for Chevron is the price of crude oil, which is currently trading at five-year lows.
The U.S. Energy Information Administration has reported that U.S. natural gas stocks decreased by 131 billion cubic feet for the week ending January 2.
Michigan is not near any huge oil refineries, and it has one of the highest gasoline taxes of any state. Yet three of the four cities in America with the lowest price…
Exxon Mobil and Chevron have not yet revealed their proposed spending and production levels for this year, but they are also expected to spend less as low crude oil prices drag down…
The U.S. Energy Information Administration (EIA) reported Wednesday afternoon that U.S. natural gas stocks decreased by 26 billion cubic feet for the week ending December 26.
Civeo has announced that due to the fall in oil prices it has cut its 2015 guidance and suspended its dividend.
The five largest cap companies on the Nasdaq Composite index are all tech giants and their combined effect on the index is significant.
Short interest in large oil and gas stocks rose in the two-week period to December 15 for all but one of the companies we follow. That should be no surprise give the…