The US Environmental Protection Agency’s appeals board has essentially canceled permits that would have allowed Royal Dutch Shell plc (NYSE: RDS-A) to operate a drillship in the Chukchi and Beaufort seas off…
Apple Inc. (NASDAQ: AAPL) is hitting new all-time highs yet again on the first trading day of 2011. What is more interesting is that its $329.76 price currently generates a market cap…
It’s already 2011 and we have our outlook pieces for the year for sectors and indexes. While most of our pieces are examining upside going into what is expected to be a…
Momentum is building for oil prices to breach the $100/barrel level again. The black stuff has gained nearly 9% in December, and a total of 15% for 2010. This is good news…
Can the Dow Jones Industrial Average rise 12.65% more in 2011 after gaining about 11% in 2010? Our calculations show the the DJIA is likely to hit 13,042.06 in 2011. That’s a…
The acquisition of XTO Energy by Exxon Mobil Corp. (NYSE: XOM) instantly turned the oil giant into the largest natural gas producer in the US. We’ve already had our say about Exxon’s…
How big oil stocks perform in 2011 will be highly dependent on the price of crude oil. That’s not a particularly original thought, but it remains true nonetheless. The price of crude…
Apple Inc. (NASDAQ: AAPL) is the stock market darling that almost no one wants to hate. Finding negative analyst reports is a difficult task. The company over-delivers on most products and continually…
The price for a barrel of crude has risen about 17% since the beginning of 2010, to near $92/barrel. Positive forecasts for global economic growth, combined with a weaker US dollar are…
These are some of this Tuesday’s key analyst upgrades, downgrades, and initiations seen in Wall Street research calls. Amgen Inc. (NASDAQ: AMGN) Raised to Overweight at Piper Jaffray. AT&T Inc. (NYSE: T)…
The US Energy Information Administration has just released its summary of US oil and natural gas reserves as of the end of 2009 and the look-back will only highlight the future ambition…
Now that BP plc (NYSE: BP) has topped $20 billion in divestments to help pay for the estimated $40 billion in damage caused by its Macondo well blow-out in April, the company…
While there are no major mergers being announced in the energy patch, we do have several expansion deals from energy leaders in oil and gas. ExxonMobil Corp. (NYSE: XOM) has a deal…
US shale gas deposits were known to have existed for decades. The problem was how to turn them into flowing wells. The natural gas was tightly compressed into small pockets in virtually…
It is 13F season and investors are looking to see what their favorite gurus are up to. While everyone is looking at the slew of Buffett portfolio changes, it is John Paulson…
