Thursday’s top analyst upgrades, downgrades and initiations contained many individual stock calls. Also seen was an unusual number of changes in analyst ratings, targets and estimates in the energy sector.
Even with a pro-energy White House, things are far from perfect in the oil and gas sector. Now ConocoPhillips is delivering great news to its shareholders.
The U.S. crude oil inventory fell by 900,000 barrels last week, but gasoline stockpiles dropped by 3.7 million barrels, more than 50% more than analysts had expected. Crude prices rose on the news.
While the spot price of oil may remain volatile, buying the top land drillers with exposure in the best basin plays in the United States makes good sense for aggressive growth investors.
Energy analysts at Morgan Stanley have cut price targets on 17 of 18 companies affected by continuing low natural gas prices. Coal is not a significant factor and won't be in the future.
Gasoline prices have fallen for a third straight week, down to $2.28 per gallon on average for regular nationwide. It is the first time since at least 2008 that average gas prices did not…
In a recent report, Jefferies asks whether investors running for their lives from the energy sector could possibly be a sign that things are getting ready to change.
Short interest moves among solar and alternative energy stocks trended higher again during the reporting period that ended March 15. Short interest rose on all three solar stocks and on two of four alternative…
Exxon Mobil stock dropped nearly 1% last week, to close down 10% for the year to date and keep its position as the worst performing of the 30 stocks included in the DJIA index.…