Energy Business

Oil Majors Slammed as Crude Enters Fifth Straight Day of Selling

It turns out that those temporary inflation fears that pop up from time to time get a reprieve every time the price of oil tanks. The price of crude oil ...
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Why Wall Street Wants to Stick With Baker Hughes

When oilfield services company Baker Hughes Co. (NYSE: BKR) reported fourth-quarter results on Wednesday, it became the sole member of a club comprised of big oilfield services companies that posted ...
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Kinder Morgan Stock Reflects Sliding Debt, Higher Dividends

Kinder Morgan Inc. (NYSE: KMI) reported fourth-quarter and full-year 2019 results after markets closed Wednesday. The midstream giant posted adjusted earnings per share (EPS) of $0.27 per share on revenues ...
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Why $2 Billion Impairment Charge Isn’t Hurting Halliburton Stock

Halliburton Co. (NYSE: HAL) reported fourth-quarter 2019 results before markets opened Tuesday. For the quarter, the oil and gas services company posted adjusted diluted earnings per share (EPS) of $0.32 ...
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Why Schlumberger Earnings Were So Great

Schlumberger Ltd. (NYSE: SLB) released its fourth-quarter financial results before the markets opened on Friday. The company said that it had $0.39 in earnings per share (EPS) and $8.23 billion ...
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Why BP Stock Could Bring 25% Upside and Maybe a Higher Dividend in 2020

With stocks generally rising in 2020, investors are still looking for new ideas after a stellar gain of almost 29% in the S&P 500 for all of 2019. Most stocks ...
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Is This the Quarter Schlumberger Turns It Around?

Schlumberger Ltd. (NYSE: SLB) is scheduled to release its fourth-quarter financial results before the markets open on Friday. The consensus estimates are calling for $0.37 in earnings per share (EPS) ...
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Why Raymond James Top MLPs to Buy Also May Be 2020 Best Income Ideas

With the new decade off and running, and the stock market trading at some of the highest levels ever from a metrics standpoint, the search for relative value is on. ...
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Goldman Sachs Says Solar Stocks Are Poised for a Huge 2020

After a solid 2019, the outlook for the top clean technology solar stocks looks very promising for 2020. When you toss in the geopolitical issues that arose in the Middle ...
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Are TerraForm Shareholders Getting Enough Premium in Their Buyout Offer?

While much attention has been given to efforts of moving beyond fossil fuel use in the twenty-first century, many infrastructure entities from utilities to investment companies to government-related entities have ...
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Short Sellers Seek Direction in Solar, Alt Energy Stocks 

Short interest moves among solar and alternative energy stocks were mixed during the two-week reporting period that ended on December 31. Of the companies we watch, short interest decreased on ...
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Short Sellers Move Back Into Oil Stocks as Crude Prices Slip

Crude oil traded around $59.00 a barrel early Monday, down more than $6 since a weekly high of around $65.50 in the past week but still less than its 12-month ...
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Merrill Lynch Remains Hopeful on Big Oil and Gas Valuations but Downgrades Chevron and Others

When investors see gains of close to 23% on the Dow Jones industrials and over 28% on the S&P 500, they generally assume that all or most sectors in the ...
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Occidental to Spin Off Pipeline Business, Pays Some Bills

One of the worst-performing stocks among the S&P 500 last year was Occidental Petroleum Corp. (NYSE: OXY). That can happen when a company spends about $57 billion in cash and ...
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Did Exxon Mobil Intend to Lower Earnings Expectations at the Start of 2020?

On a day full of Middle East tensions causing a big price gain in oil, and with the many of the speculative energy stocks surging, you might assume all the ...
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