Chesapeake Earnings Point Way to New 52-Week High
Chesapeake Energy reported better-than-expected first-quarter 2014 earnings before markets opened Wednesday morning, primarily due to higher natural gas prices and lower costs and expenses.
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Newest first · Page 288Gas Prices Jump Toward $4 in Some Big States
ThinkstockGasoline prices do not seem to be easing as many economists thought they would. As a matter of fact, throughout much of the country, prices continue to rise. This is particularly true in some…
First Solar Shines, Raises Guidance
ThinkstockThin-film solar PV maker First Solar Inc. (NASDAQ: FSLR) reported first quarter 2014 results after markets closed Tuesday. The company posted diluted earnings per share (EPS) of $1.10 and $950 million in revenues In…
Inflation Watch: Higher Gasoline Prices Coming
ThinkstockWith consumers on a budget and with the economists arguing whether deflation or inflation is closer, 24/7 Wall St. is keeping a watchful eye out for any price spikes in the things that affect…
Anadarko’s Loss Can’t Hide Big Production Boost
ThinkstockAnadarko Petroleum Corp. (NYSE: APD) reported first quarter 2014 results after the markets closed Monday. The oil and gas producer posted adjusted diluted earnings per share (EPS) of $1.26 on revenues of $5.84 billion.…
KBR to Restate 2013 Financials to Include Additional Losses
Not surprisingly, shares of KBR took a hit in early trading Monday after the company announced its intention to restate its consolidated financial statements for the year 2013.
Chevron Earnings Hit by Production Shortfall, Lower Prices
Chevron reported disappointing first-quarter 2014 results before markets opened Friday morning. The company cited lower prices and volumes for crude oil as responsible for the shortfall.
Gas Prices Top $3.80 in Many Large States
ThinkstockGasoline prices moved closer to $4 in several of America’s largest states based on population. They hurdled above that number in California, where the average price of a gallon of regular hit $4.26. The…
Natural Gas Inventories Building Slowly
thinkstockThe U.S. Energy Information Administration (EIA) reported Thursday morning that U.S. natural gas stocks increased by 82 billion cubic feet for the week ending April 25. That compared with an expected increase of around…
Exxon Revenue Decline Not Preventing New Stock Highs
Exxon Mobil reported first-quarter 2014 results before markets opened Thursday morning. Revenues declined more than expected, but shares are poised to hit a new 52-week high.
ConocoPhillips Tops High Bar
ConocoPhillips reported better-than-expected first-quarter 2014 results before markets opened Thursday morning. "We are off to a great start in 2014," the CEO said in the report.
Exxon Mobil and Chevron Both Hike Dividends: Which Is the Best for Your Money?
ThinkstockExxon Mobil Corp. (NYSE: XOM) and Chevron Corp. (NYSE: CVX) have some serious issues in common. Two obvious issues are that each is a DJIA component, and each is among the global oil & gas…
Exxon, Chevron, Conoco: What to Expect From Earnings
The top two public oil and gas companies in the world, according to Platts Top 250 rankings from last October, are Exxon Mobil and Chevron. They and ConocoPhillips report first-quarter earnings this week.
Refineries Boost Production as Summer Driving Season Nears
ThinkstockThe U.S. Energy Information Administration (EIA) released its weekly petroleum status report Wednesday morning. U.S. commercial crude inventories increased by 1.7 million barrels last week, maintaining a total U.S. commercial crude inventory to 399.4…
Phillips 66 Asset Sale, Exports Drive Profit
Oil refiner Phillips 66 reported lower first-quarter 2014 earnings before markets opened Wednesday morning. And the company is also expanding its capability for exporting refined products.