8 States Where Gas Costs Less than $3.25 a Gallon
ThinkstockGasoline prices in the United States fell an average of $0.17 a gallon from July 1 to July 31. Since then, the average price has fallen nearly another $0.05 per gallon to an average…
Energy
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Newest first · Page 278IEA Chops Oil Demand Growth Estimate
ThinkstockThe International Energy Agency (IEA) in its July release projected 2014 oil demand growth of 1.2 million barrels a day. It also projected at the time that demand would rise to 1.4 million barrels…
Solar Stocks Short Interest Heating Up Again
ThinkstockIn three of the five solar stocks we track, short interest rose during the two-week period to July 31. The biggest movement, however, was a decline in short interest in one of the other…
Is Cal Dive Now Even Further At-Risk?
ThinkstockCal Dive International, Inc. (NYSE: DVR) is finding itself in the soup yet again, after its chart resembles a staircase that has only gone down. Its stock has fallen by more than one-quarter of…
New Kinder Morgan Keeps Focus on Cash and Shareholder Returns
Kinder Morgan Inc.Kinder Morgan Inc. (NYSE: KMI) CEO Richard Kinder takes a salary of just $1 a year for his role as chairman and CEO of KMI and the other companies in the Kinder…
Kinder Morgan Consolidates: Opts for Simplifying the Business
Thinkstock Update: When Richard Kinder did not get the CEO job at Enron, he put together a deal to acquire Enron’s pipeline assets. The resulting company, Kinder Morgan Energy Partners LP, was a master…
Gas Prices Drop Below $4 in Continental US
ThinkstockGas prices have fallen so quickly that the average price for a gallon of regular is below $4 in every one of the Continental United States. This figure was barely imaginable several months ago,…
Petrobras Earnings Slip as Government Keeps Voters Happy
Petroleo Brasileiro SAPetroleo Brasileiro SA (NYSE: PBR), better known as Petrobras, reported second quarter results after markets closed on Friday. The Brazilian oil giant posted quarterly revenues of 82.3 billion reais (about $35.96 billion…
SolarCity: Where the Sun Always Shines, No Matter What
ThinkstockSolarCity Corp. (NASDAQ: SCTY) reported second quarter 2014 results before markets opened Thursday morning. For the quarter, the solar panel maker reported an adjusted diluted earnings per share (EPS) loss of $0.96 on revenue…
Natural Gas Inventory Slows Price Increases
thinkstockThe U.S. Energy Information Administration (EIA) reported Thursday morning that U.S. natural gas stocks increased by 82 billion cubic feet for the feet for the week ending August 1. That compared with an expected…
4 Top Oil Service Stocks to Buy Now That U.S. Production Is Booming
A new research report from UBS reviews the second-quarter numbers from the oil service sector. The analysts recommend that after a very good market run, investors stay with the top diversified names.
SunEdison Posts Surprise Profit, Sharply Higher Revenues
SunEdison reported better-than-expected second-quarter 2014 results before markets opened Thursday morning. It had the company’s first operating profit margin in nearly two years.
Enphase Earnings Prove It Is the Real Deal in Alternative Energy
24/7 Wall St. has visited this small cap and lesser-known solar player's long-term opportunity as a stock before, and its earnings report shows that Enphase Energy is the real deal.
Falling Gasoline Prices May Not Be Stopped by Inventory Declines
ThinkstockThe U.S. Energy Information Administration (EIA) released its weekly petroleum status report Wednesday morning. U.S. commercial crude inventories decreased by 1.8 million barrels last week, maintaining a total U.S. commercial crude inventory to 365.6…
Chesapeake Profits Hit by Lower Gas, Oil Prices
Chesapeake Energy reported second-quarter 2014 earnings before markets opened Wednesday morning. It increased its 2014 production outlook while leaving its capital budget unchanged.