Wikimedia CommonsExxon Mobil Corp. (NYSE: XOM) has released a mixed earnings report for its third quarter. The oil and gas giant reported earnings of $9.57 billion for the quarter, and that translates…
Jon C. Ogg U.S. equity markets re-opened for business in New York this morning after a two-day shutdown forced by Hurricane Sandy. Markets opened higher, but lost their energy by mid-morning. Asian markets were higher…
thinkstockThe U.S. Energy Information Administration (EIA) today reported the U.S. natural gas stocks rose by a total of 67 billion cubic feet, matching the build that analysts were expecting. Natural gas futures…
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:…
British oil giant BP PLC (NYSE: BP) announced this morning that it has reached a tentative agreement to sell its 50% stake in TNK-BP to Russia’s state-controlled oil company Rosneft for $17.1…
It was twenty-five years ago today that the 1987 stock market crash came. Fortunes were lost on that day, but fortunes were also made in the aftermath. The NYSE was said to…
The U.S. Energy Information Administration (EIA) today reported the U.S. natural gas stocks rose by a total of 51 billion cubic feet, slightly higher than the 48 billion cubic feet that analysts…
China’s gross domestic product rises only 7.4%, but some data shows its economy may have bottomed. (Reuters) An analysis issued by the White House shows that Chinese telecom Huawei Technologies has not…
Last week we noted that Royal Dutch Shell plc (NYSE: RDS-A) (NYSE: RDS-B) had applied for a permit to export U.S. crude. BP plc (NYSE: BP) has already received a permit to…
The U.S. Energy Information Administration (EIA) today reported the U.S. natural gas stocks rose by a total of 72 billion cubic feet, somewhat lower than the 80 billion cubic feet that analysts…
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:…
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…
Four major oil and gas companies have reached an agreement on the route of an 800-mile natural gas pipeline to transport gas from Alaska’s North Slope to a port on the state’s…
Dan Loeb’s hedge fund, Third Point LLC, has put together a “significant” stake in Murphy Oil Corp. (NYSE: MUR) and filed with the SEC to buy even more. Murphy today acknowledged that…
The U.S. Energy Information Administration (EIA) today reported the U.S. natural gas stocks rose by a total of 77 billion cubic feet, somewhat higher than the 71 billion cubic feet that analysts…
