Mammoth Energy Services Announces Potential Pricing for IPO
Mammoth Energy Services intends to price more than 7 million shares in the range of $15 to $18 per share for an initial public offering valued up to nearly $165 million.
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OPEC Cuts Best News in 2 Years for US Shale Producers
The number of rigs drilling for oil in the United States rose to 425 last week, according to the Baker Hughes North American Rotary Rig Count.
Q3 Oil and Gas Business Activity Shows Overall Improvement
The trend for higher oil and gas rigs has held up of late, and a report from the Dallas Federal Reserve branch in the week of September 30 showed that the energy sector's activity…
Why Cheniere Is Acquiring Cheniere Holdings
Cheniere Energy announced Friday morning that it has offered to acquire all publicly held shares of Cheniere Energy Partners LP Holdings that it does not already own.
OPEC Production Cut Could Be Big for Top Oilfield Services Stocks
Merrill Lynch feels an OPEC production cut in November could push market share to non-OPEC producers, especially those in the U.S. shales, and that in turn could be big for oilfield services.
Oil Rises Even as OPEC Oil Production Cuts Already Questioned
OPEC members agreed a production cut and the price of oil has responded to the news.
Natural Gas Price Cuts Loss After Storage Report
U.S. natural gas stocks increased by less than expected for the week ending September 23, according to the U.S. Energy Information Administration.
Why Chesapeake Stumbled and Transocean Didn’t on Icahn Sales
Icahn's sale caused Chesapeake's shares to dive about 6% on Monday. But when Icahn announced his sale of Transocean stock late Wednesday, the company's shares drifted down only fractionally.
China’s Oil Demand Is Huge and Growing: 4 Dividend-Paying Oil Stocks to Buy Now
24/7 Wall St. has searched its research database for international integrated oil companies that may be the winners in a race to supply an oil-thirsty China.
Dip in Crude Oil Inventory Offset by Rise in Gasoline Stockpiles
U.S. commercial crude inventories decreased by nearly 2 million barrels last week, according to the U.S. Energy Information Administration.
Why Ferrellgas Units Are Getting Hammered
Ferrellgas Partners shares sank to a new 52-week low Wednesday morning after reporting a big net loss per share for its fourth fiscal quarter.
ProShares Launches New Crude Oil ETF, Without Need for K-1 Forms
They say that there is an exchange traded fund strategy for just about every market and index that you can imagine. Now their is a free crude oil strategy ETF.
SEC Hits Oilfield Services Firm Weatherford With $140 Million Fine
Weatherford International has agreed to pay a $140 million fine to settle charges that the company inflated earnings by using deceptive income tax accounting.
Is West African Displacing Bakken Crude at Eastern US Refineries?
Before horizontal drilling and hydraulic fracturing created a new source of crude oil production in North Dakota and Montana, refineries on the east coast of the United States received most of their crude by…
4 MLPs to Buy That Should Do Fine When Rates Inevitably Go Higher
The question for many investors who have purchased higher yielding bond proxies like utilities, real estate investment trusts and energy master limited partnerships is what sector will act the best when interest rates tick…