ThinkstockOne of the best ways to assure that the American consumer has more money to spend is have a significant decline in the price of crude oil. After trading up to $110 back…
Wikimedia CommonsApple Inc. (NASDAQ: AAPL) shareholders were thrilled when its market value moved above that of Wal-Mart Stores Inc. (NYSE: WMT), Google Inc. (NASDAQ: GOOG), Microsoft Corp. (NASDAQ: MSFT) and then the…
Jon OggThese are some of the top analyst upgrades, downgrades and initiations seen in Wall St. research calls this Friday. Adobe Systems Inc. (NASDAQ: ADBE) cut to Neutral a Janney. Bazaarvoice Inc.…
thinkstockThe U.S. Energy Information Administration (EIA) today reported the U.S. natural gas stocks rose by a total of just 2 billion cubic feet last week, inline with an expected increase of 4…
ThinkstockChina may be the world’s growth engine and the world’s manufacturer, but some still consider it the short-sell of a lifetime. There is also very rarely any middle ground on the subject…
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:…
ThinkstockExxon Mobil Corp. (NYSE: XOM) released its annual energy outlook. The company projects the year 2040 will be a shared energy future, but one still dominated by oil and gas. The outlook…
Jon C. Ogg thinkstockHSBC Holdings PLC (NYSE: HBC) pays a $1.92 billion fine to the U.S. government to settle a money laundering probe. (Reuters) The cost of outside products necessary to run Apple Inc. (NASDAQ: AAPL)…
ThinkstockAfter markets closed on Friday, Canadian Prime Minister Stephen Harper announced that the government had approved both the $15.1 billion sale of Nexen Inc. (NYSE: NXY) to China’s Cnooc Ltd. (NYSE: CEO)…
thinkstockThe U.S. Energy Information Administration (EIA) today reported the U.S. natural gas stocks fell by a total of 73 billion cubic feet last week, right in the middle of an expected withdrawal…
courtesy of Chevron Corp.Converting natural gas to liquefied natural gas (LNG) is very expensive and getting more so. Chevron Corp. (NYSE: CVX) last night said that its Gorgon LNG project offshore of…
Exxon Mobil Corporation (NYSE: XOM) is out with its 2012 bonuses and its 2013 pay packages. Chairman and CEO Rex Tillerson is getting a 6% raise as he will make $2.717 million in…
Jon C. Ogg The US Department of Interior’s Bureau of Ocean Energy Management (BOEM) on Wednesday held a lease sale for approximately 21 million acres of US outer continental shelf open for development in the…
Exxon Mobil Corp. (NYSE: XOM) is losing another key member of the company. The oil giant (or now oil and gas giant) has announced that Donald Humphreys is retiring. The position he…
Jon C. Ogg The U.S. Energy Information Administration (EIA) today reported the U.S. natural gas stocks rose by a total of 4 billion cubic feet, slightly more than the 9 to 13 billion cubic feet…
