What to Expect From Chesapeake Earnings
Moody's Investors Service downgraded the corporate debt rating for Chesapeake Energy from B2 to Caa2, a drop of three notches and just one notch above a default-imminent rating.
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What to Expect From First Solar Earnings
First Solar is scheduled to report its fourth-quarter financial results after the markets close on Tuesday.
Lowest Gas Prices in 7 Years Could Boost Oil: 3 Refiners to Buy Right Now
In a new research report, Merrill Lynch analysts feel that the battering in the oil refining stocks is close to over, describing the firm's negative refining call as in the seventh inning.
Hawaii Has Highest Gas Price at $2.58
The average price nationwide for a gallon of regular gasoline is $1.71. The comparable price in Hawaii, the state with the most expensive gas, is $2.58.
S&P Downgrades 3 European Oil Majors
After revising its crude oil market price assumptions in January, rating agency Standard & Poor’s on Monday lowered its corporate credit ratings on three of Europe’s largest oil & gas companies. The three are…
Solar Tops Natural Gas for New Capacity in 2015
The United States added 7,286 megawatts of photovoltaic solar electricity production in 2015, topping new natural gas generating capacity for the first time ever.
IEA Forecasts Oil Market Rebalancing in 2017
The IEA released the latest version of its Medium-Term Oil Market Report Monday morning, and the agency noted a key threat to rebalancing.
What Do Shareholders Want From Marathon Oil?
Monday morning, Nomura reiterated a Buy rating on Marathon Oil and a price target of $13 a share.
Analysts Change Their Views on Nabors
When oilfield services company Nabors Industries reported fourth-quarter earnings late last Tuesday, the shares got a nice bump on Wednesday.
Are Analysts Giving Up on SunEdison?
SunEdison has had its defenders, but this week may have been the week where the holdout bulls who insisted there was value here finally capitulated.
Analysts Are Changing Views on Devon After a Big News Week
On top of earnings and a shuffling around in management, Devon Energy also announced a capital raise that was upsized.
How Analysts View FMC Technologies After Earnings
FMC Technologies had a bit of a wild week, and many analysts chimed in with key changes afterward.
99 Cent Gas in Texas
In Burnet, Texas, a city of nearly 5,000 people far northwest from Austin, an Exxon station is selling gasoline from 99 cents a gallon.
Gas Jumps Above $5 in California
Many of the gas stations with the highest prices in America are in California, so it is not unusual that one of the few states with a price above $5 is there.
Oil Rig Count Drops by 26, Hedge Funds Add to Short Positions
In the week ended February 19, the number of rigs drilling for oil in the United States fell to 413, according to the Baker Hughes North American Rotary Rig Count.