Oil’s Rebound Unlikely to Fuel Chesapeake Energy Stock
Chesapeake Energy stock has had a good run this week as oil rebounds but analysts seem much more bearish than investors.
Chesapeake Energy stock has had a good run this week as oil rebounds but analysts seem much more bearish than investors.
U.S. crude oil production is expected to decline by 1.75 million barrels by next month, according to IHS Markit. Some production may resume, however, if prices remain above $30 a barrel, and more will…
Gasoline prices have rebounded somewhat everywhere. The states with the priciest gas now have per-gallon prices above $2.80. And that universe of those is growing.
Chesapeake stock has jumped, even after a private equity firm dumped its stake. Can rising crude oil prices save the company from bankruptcy?
For investors looking for energy stocks to buy, the prices now are still very reasonable. These larger cap leaders have kept their dividends intact and have the ability and balance sheets to stay in…
Gasoline prices have rebounded somewhat everywhere. The states with the cheapest gas now have per-gallon prices of under $1.50. However, the universe of those is dwindling.
Gasoline prices are rising as more states and cities lift restrictions imposed to combat the COVID-19 outbreak.
Chesapeake stock runs out of energy as coronavirus cuts demand for oil faster than producers cut supply.
A reverse stock split, collapsing bond prices and a never-ending weight of debt have combined to threaten Chesapeake Energy's ability to remain a going concern.
Short interest in oil and gas stocks was mixed in the two-week reporting period ended April 30. Short sellers took particular aim at one target.
Short interest in solar and alt energy stocks was relatively muted during the two-week short interest period ended April 30.
U.S. gas prices have risen for the second consecutive week after a nine-week run of declining prices.
Oil industry analysts at IHS Markit forecast the global over-production of crude will amount to 14 million barrels a day in the second quarter. About that much again is expected to go into storage.
Occidental Petroleum has become the poster child for pursuing a bad and expensive merger in oil and gas. And so, its future looks less than certain.
In the latest revision to its Global Energy Review, the IEA estimates that global demand for energy will decline by 6% in 2020 due to the COVID-19 pandemic. U.S. demand is expected to fall…