Exxon Mobil posted a first-quarter diluted earnings per share loss of $0.14 on revenues of $56.16 billion. First-quarter results compare to the consensus estimates for a breakeven quarter on revenues of $51.85 billion.
Chevron posted first-quarter EPS of $1.93 on total revenues of $29.71 billion. First-quarter results compare to the consensus estimates for EPS of $0.68 and $29.38 billion in revenues.
It seems impossible to think that a commodity price could trade below zero. Particularly when you are talking about oil, which still powers most of the world’s transportation at this time. While the negative…
U.S. oil majors Exxon Mobil and Chevron report first-quarter results Friday morning that will be far below initial expectations. Both, however, will pay their regular dividend for both the first and second quarters of…
Oil and gas producer Chesapeake Energy is reportedly preparing a Chapter 11 bankruptcy filing as it tries to dig out from under more than $9 billion in debt.
U.S. gasoline prices have dropped for the ninth consecutive week. More than two-thirds of states have average pump prices below $2 a gallon for regular gas.
Oil driller Diamond Offshore on Sunday filed for bankruptcy protection as it tries to strengthen its balance sheet and reorganize its debt.
Short interest in solar stocks was largely steady in the two-week reporting period that ended on April 15. Alternative energy stocks, however, got a lot more attention from short sellers.
Short interest in oil and gas stocks was mixed in the two-week reporting period ended April 15. The biggest move was a near-halving on short interest in one supermajor.
Oil and gas production companies have gotten a boost since Monday's crude oil price collapse. But it's only a small boost for the year to date.
These five energy stocks rated Buy at BofA Securities and trading below the $10 level could be huge winners for patient investors who can see beyond the current turmoil.
The average price for a gallon of regular gasoline in Wisconsin dropped below $1.20. Several states almost certainly will follow as oil prices have plunged.
Oilfield services firm Baker Hughes reported first-quarter results that were close to expectations and apparently good enough to put a charge into other stocks in the industry.
24/7 Wall St. wanted to look for independent oil and gas players that are hedged on their oil production at much higher prices for 2020 and some even out to 2021.
Monday's plunging crude oil price lifted tanker stocks by double-digit percentages. How long can that last?
