ThinkstockThe U.S. Energy Information Administration (EIA) released its weekly petroleum status report Wednesday morning. U.S. commercial crude inventories decreased by 4 million barrels last week, maintaining a total U.S. commercial crude inventory to 371.1…
ThinkstockTransocean Partners LLC, a spin-off from Transocean Ltd. (NYSE: RIG), has filed with the U.S. Securities and Exchange Commission (SEC) for an initial public offering (IPO) of 17.5 million common units in the new…
ThinkstockBy Nicholas Cunningham of Oilprice.com The confrontation between Russia and the West took a turn for the worse with the downing of a Malaysian airliner on July 17, and that could spell trouble for…
Halliburton reported second-quarter 2014 results before markets opened Monday morning. The oil and gas services company also boosted its stock buyback program by $4.8 billion.
ThinkstockSaying that the status quo does not meet the “need for action,” the U.S. Bureau of Ocean Energy Management (BOEM) on Friday issued a decision on what the agency will look for in permit…
TerraForm Power, another spin-off from SunEdison, opened its first day of trading Friday morning more than 33% above its initial public offering price.
ThinkstockThe U.S. Energy Information Administration (EIA) reported Thursday morning that U.S. natural gas stocks increased by 107 billion cubic feet for the week ending July 11, compared with an expected increase of around 100…
Deutsche Bank still sees strong second-quarter earnings, as well as possible upward revisions to estimates, as a catalyst for oil services stocks.
Baker Hughes reported better-than-expected second-quarter results before markets opened Thursday morning. It forecast higher international rig counts and increased North American well counts.
Both Kinder Morgan Energy Partners L.P. and Kinder Morgan Inc. reported second-quarter results after markets closed Wednesday. Payouts from each were higher than a year ago.
ThinkstockThe U.S. Energy Information Administration (EIA) released its weekly petroleum status report Wednesday morning. U.S. commercial crude inventories decreased by 7.5 million barrels last week, maintaining a total U.S. commercial crude inventory to 375…
ThinkstockBy James Stafford of Oilprice.com Much larger than Eagle Ford and once thought to have reached peak production, new technology has brought us full circle back to the Permian Basin in Texas and New…
In a new research report from J.P. Morgan, analysts are not only very positive on their top solar names to buy, they are raising price targets on them in front of earnings releases.
ThinkstockMonday’s national average price for a gallon of gas fell to $3.614, down from $3.617 on Sunday and $3.655 a week ago. The 4-cent drop pushed prices to their lowest point since April and…
A new research report from Stifel highlights six oil and gas stocks that may have the ability to report second-quarter earnings that are higher than current Wall Street expectations.