Energy

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RBC Large Cap Oil Field Giants Have Huge Upside Potential

Energy investors have been on one of the biggest roller-coaster rides over the last three years, and it looks as though they may have to stay on for the foreseeable future. With OPEC countries’…

Lee Jackson · 9 years ago

Dallas Fed Report Mixed on Permian Basin

The Dallas Fed reported last week that while crude oil production is increasing in the Permian Basin, crude prices have fallen below the cost of drilling a new well.

Paul Ausick · 9 years ago

US Electricity Grid Study May Hold Some Surprises

A US Department of Energy review of the country's electricity grid is due out as early as this week and may not reach the conclusions the Trump administration expected.

Paul Ausick · 9 years ago

BJ Services Gears Up for IPO

BJ Services registered an S-1 form with the U.S. Securities and Exchange Commission (SEC) regarding its initial public offering (IPO). There were no pricing details mention in the filing, but the offering is valued…

Chris Lange · 9 years ago

Oil Rig Count Rises by 2, Crude Oil Price Dips

The overall U.S. onshore rig count for the week was unchanged at 952. A total of two oil rigs were added and two natural gas rigs were removed during the week.

Paul Ausick · 9 years ago

Natural Gas Price Inches Higher Following Storage Report

The U.S. stockpile of natural gas rose by 57 billion cubic feet last week and remains well above the five-year average in storage for this time of year. Compared to last year, however, stockpiles…

Paul Ausick · 9 years ago

Crude Oil Production Soared in June: IEA

The International Energy Agency reported this morning that global crude supplies rose by a whopping 720,000 barrels per day in June and that total output for the month was 97.46 million barrels a day,…

Paul Ausick · 9 years ago