Energy

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Schlumberger Job Cuts Now Total 11,000

ThinkstockSchlumberger Ltd. (NYSE: SLB) reported first quarter 2015 results after markets closed on Thursday. The oil field services firm reported adjusted diluted quarterly earnings per share (EPS) of $1.06 on revenues of $10.25 billion.…

Paul Ausick · 11 years ago

Is Kinder Morgan Now the Perfect Energy Stock?

Now that Kinder Morgan has shed its MLP structure, and now that its earnings came with another dividend hike, some oil and gas investors might wonder if this becoming the perfect oil stock for…

Jon C. Ogg · 11 years ago

Gas Moves Back Toward $3

Gasoline prices have started to march back to $3 a gallon, after breaking the $2 barrier on the way down just weeks ago.

Douglas A. McIntyre · 11 years ago

US Crude Oil Production Begins to Fall

The U.S. Energy Information Administration has forecast a drop in oil production between April and May, the first net drop in U.S. production since 2008.

Paul Ausick · 11 years ago

IEA Expects Oil Demand Will Rise

In another piece of news that could drive up oil prices, the International Energy Agency revised its forecast for oil demand.

Douglas A. McIntyre · 11 years ago

Why 2 Major Analysts Downgraded BP in 2 Days

Even long after the Gulf oil spill, BP has had a rough run of things. It does not help that two analysts are making near identical calls on the stock implying a slight downside…

Chris Lange · 11 years ago