How High Can Insider Buying Push Halcon?
As stocks in the energy sector have been feeling the heat recently, the chairman and CEO of Halcon Resources, thought it would be a good time to pick up some more shares of his…
As stocks in the energy sector have been feeling the heat recently, the chairman and CEO of Halcon Resources, thought it would be a good time to pick up some more shares of his…
The Deutsche Bank team raises price targets on top oil stocks, and investors looking to own leading energy stocks can consider all of these as top companies.
Chevron has moved its Big Foot tension-leg platform into a sheltered location following the collapse of six of the platform’s 16 subsea connectors that would have connected the platform to the sea floor.
The price of the Organization of the Petroleum Exporting Countries (OPEC) reference basket of crude oils rose to $62.15 a barrel in May.
In an effort to combat OPEC, Congress enacted a crude oil export ban in 1975 that is still in place today, some 40 years later.
The oil services trade is still a contrarian one, to say the least. Oil apparently hit bottom late last year and has since turned much higher, and that is a plus.
Gasoline prices have reached $2.75, as the price of crude oil has surged. Most evidence shows that the number should go higher in the weeks ahead.
So far this year, Chevron and Exxon Mobil have been the fifth and fourth worst performers in the Dow Jones Industrial Average.
In the week ended May 29, the number of rigs drilling for oil in the United States fell to 646, according to the Baker Hughes North American Rotary Rig Count.
The UBS analyst focused on three top companies to buy in the land drilling arena. These are companies they have stayed positive on for some time.
SandRidge Energy has a new plan now to pay down part of its debt, but analysts and investors just do not seem to be impressed.
The EIA released its weekly petroleum status report Thursday morning, a day later than usual due to the Memorial Day holiday.
The EIA reported Thursday morning that U.S. natural gas stocks increased more than expected for the week ending May 22.
As a whole, it appears that as oil prices continue to rise, investors are becoming more optimistic and short sellers are backing off.
Short interest among solar and alternative energy stocks was mixed during the two-week reporting period that ended on May 15.