Are Oil and Gas ETFs Staging Serious Chart Breakouts?
If you went through 2015 and the first six weeks of 2016, the weakness in the oil and gas sector was something most investors have not seen in years. Now oil is back over…
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Vivint Solar Tanks as SunEdison Financing Wavers
Shares of Vivint Solar Inc. (NYSE: VSLR) sank Wednesday following a report that banks that had committed to financing Vivint’s $2 billion buyout by SunEdison Inc. (NYSE: SUNE) were having second thoughts about the…
Exxon Affirms 25% Capex Cut for 2016
At an analysts meeting in New York Wednesday, Exxon Mobil CEO Rex Tillerson reiterated that the company's capital spending budget for 2016 will be $23 billion.
Crude Oil Price Tumbles on Massive Inventory Build
The commercial crude inventory stands at historically high levels for this time of year. according to the EIA.
Despite Dilutive Offering, Could Marathon Shares Really Still Double?
A fresh research report from Credit Suisse effectively signals that Marathon shares could still double.
Bid-Rigging Charges Nothing New for McClendon
Founder and former CEO of Chesapeake Energy, Aubrey McClendon, was indicted late Tuesday on charges of conspiring to rig the price of oil and gas leases in Oklahoma.
Cutting Production Does Not Resolve the Oil Glut
At the end of December, crude oil commercial stockpiles for the 34-member OECD nations had topped 3 billion barrels.
How Key Analyst Views SunEdison After the Delayed Filing
Oppenheimer has downgraded SunEdison to a Market Perform rating and removed its price target, following the company’s notification of late filing on Monday night.
Solar Stock Momentum Expected to Stay Positive: 3 Stocks to Buy Right Now
A new research report from Deutsche Bank notes that the solar industry and the top stocks are exhibiting generally solid fundamentals.
If Energy Rally Is Sustained, These 4 Stocks Should Continue to Do Well
A recent weekly Jefferies report highlights four oil stocks that did well last week, and a continued positive trend could bode well for further upside.
Why Bad Production Numbers at Petrobras Never Looked So Good
At the current time, it is very difficult to find analysts on Wall Street with overly positive ratings in the oil patch. It is even harder to find positive analysts covering Petrobras.
QEP Resources Prices Secondary Offering
QEP Resources saw its shares move down handily on Monday following the pricing of its secondary offering.
US Gas Prices Rising Slowly
The price of a gallon of gasoline has been bouncing higher in some markets recently, but across the United States, the price has remained generally low.
Warren Buffett Comes Clean on Kinder Morgan Purchase — It Was Not Me!
On CNBC, Warren Buffett confessed that he was also surprised about the Kinder Morgan stake. It turns out that this stake was purchased by either Ted Weschler or Todd Combs, his two new portfolio…
CONSOL Sells Coal Assets, Suspends Dividend
CONSOL Energy said Monday morning that it has agreed to sell its Buchanan mine in West Virginia and certain other of its metallurgical coal reserves