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…
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.
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.
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.
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.
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.
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.
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…