$50 Oil for the Rest of the Decade
BP reported strong second-quarter earnings and the CEO said he believes that oil prices will run about $50 a barrel for the remainder of the decade.
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Gas Prices Spike Up on Venezuela Anxiety and High Oil Supply
U.S. gas prices rose by an national average of four cents a gallon last week as a limit on exports from Saudi Arabia, a continuing drawdown in crude oil inventories and other factors worked…
7 Top Energy Companies Reporting Earnings Tuesday
Just because Exxon Mobil and Chevron have reported second-quarter results does not mean there is nothing interesting left to see in the energy business. Seven firms, with market caps from $114 billion to $5…
RBC Loves 5 Energy Stocks as Oil Pushes Back Toward $50
RBC remains very positive on some top domestic and international energy stocks, many of which posted very strong second-quarter results. These five all offer solid upside and total return potential for investors.
Oil Rig Count Rises by 2, Total Now Up 495 Year Over Year
The U.S. land-based rig count rose by two last week, according to Baker Hughes. New rigs drilling for natural gas were up by six, and the year-over-year increase in rigs rose to 495.
Why Chevron Earnings Disappointed Investors
Chevron fell short of profit estimates when it reported Q2 earnings this morning, even though it reversed big losses posted in the same period last year. Oil prices simply weren't high enough.
How First Solar Shattered Bottom-Line Expectations
First Solar released a better-than-expected quarterly earnings report after the markets closed on Thursday, and shares were up sharply first thing Friday.
Higher Oil Prices Not Enough to Boost Exxon Mobil Earnings
Exxon posted better quarterly profits than in the same period of last year, but still missed the consensus estimate as production slipped below 4 million barrels a day.
What to Expect When Chevron and Exxon Report Earnings on Friday
Chevron and Exxon are both scheduled to release their most recent quarterly reports before the markets open on Friday.
How 5 Energy Companies Fared on Earnings Thursday
Energy companies reported quarterly earnings in force Thursday morning. Surprisingly, perhaps, investors were more satisfied with E&P results than with refining company results.
Natural Gas Price Rise Slightly on Small Inventory Build
Natural gas for September delivery added about three cents following the EIA report that last week's inventory rose by less than expected.
Drivers Pay Extra to Fill Up in Wrong States
If you're planning a summer trip this year, you can stretch your vacation dollars by paying attention to variations in gasoline prices when you are about to cross a state line.
FuelCell Energy Wins 40 MW Contracts, Stock Price Soars After Halt
A 20-year power-purchase agreement for 40 megawatts of electricity generation sent shares of FuelCell Energy soaring after a trading halt early Wednesday afternoon.
Crude Oil Price Rises as Inventory Plunges
U.S. crude oil stockpiles fell by more than 7 million barrels last week, putting more support under rising crude oil prices. Gasoline and distillate (diesel fuel) inventories increased.
JPMorgan Says Stay With Oilfield Services Leaders for the Rest of 2017
Clearly this a value play for investors, especially buying shares in front of what is expected to be declining or stagnant earnings. These companies have fought through oil price swings before, and they should…