Duke Trips on the Bottom Line
Wednesday before the markets opened, Duke Energy reported disappointing fourth-quarter earnings.
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Newest first · Page 249With Oil Cut in Half, Will Any of the Majors Cut Dividends?
Even with costs being slashed and share buybacks being halted, it appears that investors who have already taken a hit with share prices dropping should continue to get their quarterly dividend checks.
Phillips 66 Partners Holds Secondary Offering to Fund Acquisitions
Midstream master limited partnership (MLP) Phillips 66 Partners on Tuesday priced an underwritten secondary offering of 5.25 million limited partnership units.
Gas Prices Jump 21 Cents in a Month
Gasoline prices have risen 21 cents in a month. If the rise continues, the benefit to consumers of low prices will fade.
Devon Energy to Cut Capex 20% in 2015, Expects 25% Production Growth
Devon Energy reported fourth-quarter and full-year 2014 results after markets closed on Tuesday.
BP Energy Outlook Shows Renewables Rising, Coal Falling
As the world’s population and wealth grow over the next 20 years, so too does demand for energy, and most of the growth comes in emerging economies.
What to Expect From Duke Earnings
Duke Energy is scheduled to report its fourth-quarter earnings Wednesday, before the U.S. markets open.
Could Oil Still Drop to $20?
Last week analysts at Citigroup slashed their forecast for crude oil to $20 a barrel before prices begin to recover. They see prices dropping to that point as soon as the end of the…
US Drilling Rig Count Dropped by 84 in the Past Week
In the week ended February 13, the total number of rigs drilling for oil in the United States came in at 1,056, according to the latest Baker Hughes North American Rotary Rig Count.
Only 3 States Have Gas Below $2
The rise in oil prices has wiped out $2 gasoline in all but three states: Idaho, Utah and Montana.
Will Exxon Build an Electric Car?
Among the companies most threatened by the rise of electric vehicles is Exxon Mobil, America's largest oil company.
MLP Merger Closings Keep MLP Interest Alive
The two largest oil and gas midstream (pipeline) companies in the United States each closed a major deal Friday.
Merrill Lynch Boosts Outlook on Apache Corp.
Analysts at Merrill Lynch raised their price target and rating on independent oil and gas producer Apache following its fourth-quarter and full-year 2014 earnings release.
Analyst’s 4 Clean Technology Stocks to Buy as Huge Growth Continues
A new report from Cowen points out that the firm expects 25% growth in solar in 2015, largely coming from the United States, China, Japan and some emerging market countries.
Natural Gas Price Drops as Inventory Draw Falls Off
The U.S. Energy Information Administration reported that U.S. natural gas stocks decreased less than expected for the week ending February 6.