While the energy sector is now regarded as an almost contrarian play, the odds are in investors' favor. The lead energy analyst at SunTrust Robinson Humphrey has upgraded three oil stocks to a Buy.
Occidental Petroleum has announced an offer to repurchase some $1.5 billion in outstanding senior debt and filed to offer new debt with longer maturities.
In the two-week short interest period that ended June 15, oil and gas stocks mostly saw declines in short selling, but share prices fell off a cliff for most.
Short interest in solar and alternative energy stocks was mixed during the two-week reporting period that ended on June 15. One alt energy stock doubled in value during the period.
Hydrogen fuel cell producer Plug Power closed two acquisitions on Wednesday and lifted its revenue and profit targets for 2024.
U.S. crude oil production and crude oil inventories both rose last week. Gasoline inventories are falling, however, and pump prices continue rising.
SunTrust Robinson Humphrey has upgraded both EOG Resources and Occidental Petroleum and boosted their price targets.
Oil supermajor BP is issuing some $12 billion in new debt as it works to beef up its balance sheet ahead of a second-quarter asset impairment that could go as high as $17.5 billion.
After shutting in production at thousands of U.S. shale wells, some producers are getting set to restart the wells. U.S. production could rise by half a million barrels a day by next month according…
A new week means new speculation about when Chesapeake Energy will file for bankruptcy. If anonymous sources are to be believed, the reckoning is only days away.
The carefully followed International Energy Agency Monthly report for June says oil demand will drop by the largest amount in history in 2020.
British oil and gas giant BP announced Monday that it would take a second-quarter write-off of some $13.0 billion to $17.5 billion due to the near- and long-term impacts of the COVID-19 pandemic.
Moody's Investors Service has revised its outlook for energy midstream companies from stable to negative. The first time the firm has lowered its outlook on the sector.
24/7 Wall St. has screened the universe of alternative energy stocks and identified six companies with incredible upside potential.
With oil and gas within energy having become one of the least favorite industries in a more socially conscious world, it has to be puzzling to some investors that even the major oil and…
