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…
The July 14 short interest data have been compared with the previous figures, and short interest moves for the selected oil stocks were mixed.
Short interest in solar stocks continued to decline in the reporting period that ended July 14. But short sellers remained interested in alternative fuel stocks.
Energy is the only sector that was down in the first half of 2017, so the value is enticing. The question is where to put investment chips now?
Gasoline prices are rising along with summer temperatures, as the price of fuel rose two cents per gallon Monday, according to gas-price website GasBuddy.
Saudi Arabia has agreed to limit its exports of crude oil and Nigeria has agreed to cap its production at current levels in an effort to raise crude oil prices. The agreements were announced…
Oilfield services provider Halliburton beat estimates for both profits and revenues this morning. North American well completions were primarily responsible for the company's strong quarter.
The US onshore oil rig count dropped by one this week according to the weekly report from Baker Hughes. A sharp projected increase in OPEC production reported earlier this morning is keeping a lid…
Encana smashed Q2 profit and revenue estimates this morning and has raised guidance on production in its core regions.
Oilfield services firm Schlumberger reported Q2 results this morning that beat estimates on both profits and revenues. The company's CEO sees "robust" activity in North America and a pick-up in international business.
Natural gas prices dipped slightly following the EIA's report that just 28 billion cubic feet were added to US storage last week. US stockpiles remain about 5% above the five-year average for this time…
AAA forecast this morning that US gasoline prices could rise to a year-to-date high above $2.42 a gallon by the end of the summer, with a big jump possible within the next week.
Pipeline company Kinder Morgan reported Q2 results last night that matched expectations, but the stock got a boost from the company's plan to boost its dividend sharply over the next three years.
US crude oil stockpiles fell by 4.7 million barrels last week and gasoline inventories dropped by 4.4 million barrels. This may not be altogether good news for producers.
British oil giant BP is considering a plan to hive off its US pipelines in a master limited partnership (MLP). The company said it would make a decision by the end of the year.
