Why Exxon Mobil Earnings Tumbled 40%
Exxon earnings were a little worse than expected, but investors apparently believe that the recent acquisition of Permian Basin acreage is major positive going forward.
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Why Noble Tanked Into Key Analyst Upgrade When Rowan Was Downgraded
In the oil patch, the daily whims of oil prices actually may be more dominant than an analyst upgrade or downgrade.
2016Â Energy Earnings Seen Down 86%
A brief look at 10 energy companies reporting earnings this week, and how they stack up against an estimated drop of 86% in annual profits.
Gas Prices Drop for Third Straight Week
Gasoline pump prices dropped four cents a gallon week over week, the third straight week of declines. Demand is down and supply rose by nearly 7 million barrels last week.
Oil Rig Count Jumps by 15, Hedge Funds Going Long and Longer
The US land rig count rose by 18 last week, with 15 new rigs now drilling for oil. Futures traders are betting heavily that rising prices for crude will rebalance the market and lift…
How Production Impacts Pummeled Chevron Earnings
Chevron reported disappointing fourth-quarter and full-year 2016 results before markets opened Friday morning.
Natural Gas Price Ticks Higher as Colder Weather Looms
U.S. natural gas stocks decreased more than expected for the week ending January 20, according to the U.S. Energy Information Administration.
Why Credit Suisse Sees Big Upside From Williams
Credit Suisse initiated coverage in Williams Companies and Williams Partners, with price targets above the Thomson Reuters analyst consensus.
Short Interest Slides in Major Oil Stocks
The January 13 short interest data have been compared with the previous figures, and short interest moves for most of the selected oil stocks were downward.
Short Interest in Solar Stocks Rises, Mixed on Alternative Energy
From December 30 to January 13, short interest rose on all three solar stocks and on one of four alternative energy stocks.
Crude Oil Price Wobbles on Another Big Increase in Gasoline Stockpiles
U.S. commercial crude inventories increased to above the upper limit of the average range for this time of year.
5 Merrill Lynch Top Large-Cap Energy Ideas to Buy With Earnings on Tap
Merrill Lynch has five large-cap energy stocks that rank as the analysts' top ideas and make sense for long-term growth portfolios.
Meet the New Keystone XL Pipeline and Dakota Access Winners for 2017
Donald Trump has now signed orders that would allow a path to move forward with the construction of the Keystone XL and Dakota Access pipeline projects.
What to Expect From Major Oil Stocks Reporting This Week
24/7 Wall St. has taken a look at a few of the major oil companies reporting their earnings this week. The prospect for this industry is promising, but performance as a whole has been…
Gas Prices Slide for Second Straight Week
Gasoline prices dropped a penny last week, a second straight weekly drop as inventories build and motorists drive less.