Refining and marketing company Marathon Petroleum has agreed to sell its Speedway retail business to 7-Eleven for $21 billion in cash. The acquisition will lift the number of 7-Eleven stores in the United States…
How many gas stations are there in the United States? It's important to know for three reasons.
Offshore driller Noble Corp. has filed for Chapter 11 bankruptcy protection.
Oil and gas supermajor Exxon reported second-quarter results that missed on both the top and bottom lines. The company reported no cash flow from operations in the second quarter.
Oil and gas giant Chevron reported a second-quarter loss that was larger than analysts expected along with revenue that fell short of estimates.
Apache has announced a third consecutive Suriname oil discovery, bringing major interest from analysts and much more upside potential.
Oil and gas supermajors Exxon Mobil and Chevron report second-quarter results Friday morning. Low prices for both oil and natural gas is expected to hit results hard.
Oil and gas giant Shell reported second-quarter results Thursday that included a $22.3 billion noncash, pr-tax impairment charge on the value of its assets.
Two alt energy stocks experienced soaring demand from short sellers during the two-week reporting period that ended July 15.
Short sellers reduced their positions in big oil and gas stocks in the two-week reporting period ending July 15. But prices on the stocks have continued to move lower.
Schlumberger finds itself in deep trouble financially, but only partially. As part of the solution, it has done what many huge companies have.
Oilfield services firm Schlumberger reported second-quarter adjusted earnings per share of $0.05 on revenues of $5.4 billion before markets opened on Friday. That was somewhat better than expected.
Goldman Sachs has seven oil and gas stocks on its Conviction Buy list, and it even has one solar stock. The firm believes all these energy stocks have considerable upside ahead.
Energy infrastructure giant Kinder Morgan posted a net loss for the second quarter due to sharp declines in demand for natural gas transportation over its vast pipeline system.
Summertime always means one thing in the United States: summer vacation. This year is profoundly different around the nation due to the COVID-19 pandemic. Many Americans are afraid to get on an airplane, and…
