Deutsche Bank Raises Price Targets on Top Oil Services Stocks to Buy
Any time a commodity-based sector sees a huge fall in the price of the commodities that are the core of its sector, one thing is sure to happen. The lower level players are taken…
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Schlumberger Earnings Down Nearly 60%
Schlumberger Ltd. (NYSE: SLB) reported first-quarter 2016 results after markets closed on Thursday. The oil field services firm reported adjusted diluted quarterly earnings per share (EPS) of $0.40 on revenues of $6.52 billion. In…
Natural Gas Price Ticks Down on Inventory Increase
The U.S. Energy Information Administration reported Thursday morning that U.S. natural gas stocks increased by 7 billion cubic feet for the week ending April 15.
SunEdison Finally Files for Bankruptcy
SunEdison announced Thursday morning that it had voluntarily filed petitions for a Chapter 11 reorganization with the bankruptcy court for the southern district of New York.
Merrill Lynch Raises Price Targets on Top Energy Stocks Rated Buy
In a new research note, Merrill Lynch sees the potential for higher oil prices and raises its price targets on some of the top stocks in its energy research coverage universe.
Why Kinder Morgan Earnings Are Beating Up the Stock
Kinder Morgan Inc. (NYSE: KMI) reported first quarter 2016 results after markets closed Wednesday. The midstream giant posted earnings per Class P share (EPS) of $0.12 per share on revenues of $3.2 billion. In…
San Francisco Law Boosting Solar Stocks
The San Francisco Board of Supervisors approved legislation Tuesday night that requires all new buildings of 10 or fewer stories in the city to include solar PV panels.
What to Expect From Kinder Morgan’s Earnings Report
Energy infrastructure behemoth Kinder Morgan is scheduled to report first-quarter results after markets close on Wednesday.
Crude Oil Prices Cut Losses on Smaller Inventory Growth
U.S. commercial crude inventories increased by more than 2 million barrels last week, according to the U.S. Energy Information Administration.
4 Top Energy MLPs That Recently Raised Their Payout Distributions
In a recent Deutsche Bank research note, four top MLPs that recently raised the distributions paid to shareholders are highlighted.
4-Rotor Wind Tower Test Begins in Denmark
Danish wind power giant Vestas Wind Systems has begun constructing a wind turbine tower with four rotors, according to Windpower Monthly.
Premium Gasoline Prices Retreat From 2-Decade High:Â How We Got There
According to the latest numbers from the U.S. Energy Information Administration, more than 11% of all gasoline sold at gas stations in the United States is premium grade.
Despite Doha Disappointment, 3 Oil Stocks to Buy Now
While it could take decades for oil to trade over $100 again, and that really is a pressure point on consumers, a continued move higher this year and next appears to be in the…
Why Higher Gas Prices Should be Short-Lived
The average price across the United States for a gallon of regular gasoline last week jumped almost seven cents to $2.12.
Oil Prices Whipsawed by Doha Failure, Kuwaiti Strike
Oil field workers in Kuwait walked off their jobs Sunday, cutting production from the country by 60%. The strike was timed to coincide with the producing nations’ meeting taking place in Doha. The Doha…