Why the Whiting Capital Raise Destroys Buyout Chances
Due to falling energy prices, one of the hoped-for trends in the sector has been mergers and acquisitions. The hope had been that Whiting Petroleum would be the first serious buyout.
Due to falling energy prices, one of the hoped-for trends in the sector has been mergers and acquisitions. The hope had been that Whiting Petroleum would be the first serious buyout.
Moody's Investors Service has downgraded all ratings for Petrobras, putting the unsecured debt in the junk bond category.
Industry watchers and alternative energy investors are wondering which markets will be the next major growth engine. It turns out that India could be the next major growth catalyst.
In the months after everyone jumped ship on the energy sector due to falling oil prices, independent research firm Argus thinks it might be time to get back on board.
A recent research note from Jefferies made the case that the low-cost gas producers could be a solid investment now.
The forecasts of a further collapse of oil prices, so loud in February, have returned. The problem with oil price predictions is that they may include scores of factors.
With oil and gas stocks having been so battered, the focus right now should be on which of those stocks analysts are telling their customers to buy now.
Now crude prices have dropped below $45 and gas will follow them down rapidly. As a matter of fact, in some cities, gas prices are only pennies away from dropping below $2.
In the week ended March 20, the number of rigs drilling for oil in the United States totaled 825, compared with 866 in the prior week and 1,473 a year ago.
When the world’s largest offshore driller sneezes, the entire industry gets a cold. That is what happened Thursday.
The U.S. Energy Information Administration (EIA) reported Thursday morning that U.S. natural gas stocks decreased less than expected for the week ending March 13.
According to Stifel, now is the time for investors to strongly consider buying some quality energy stocks.
Willbros Group shares plunged after it announced that will be filing its 2014 annual report late.
U.S. commercial crude inventory was at its 10th consecutive week of a higher total than at any time in at least 80 years.
A wholly owned subsidiary of Anadarko Petroleum has exercised its option to acquire a 20% stake in the Saddlehorn Pipeline.