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Phillips 66 Earnings Suffer from Higher Crude Prices

ThinkstockPhillips 66 (NYSE: PSX) reported third-quarter 2013 results before markets opened Wednesday morning. The oil refiner posted adjusted diluted earnings per share (EPS) of $0.87 on revenues of $44.85 billion. In the same period…

Paul Ausick · 13 years ago

Platts Ranks Top 250 Global Energy Companies

ThinkstockOil industry data and publishing firm Platts announced on Tuesday its annual list of the top 250 global energy companies. This marks the twelfth year that Platts has compiled its listing. The top company…

Paul Ausick · 13 years ago

BP Raises Dividend as Troubled Past Fades

courtesy of BP plcThe Deepwater Horizon explosion that resulted in a historically large oil slick in the Gulf of Mexico began on April 20, 2010. BP PLC (NYSE: BP), which operated the well, would…

Douglas A. McIntyre · 13 years ago

States Where Gas Is Back at $3

Thinkstock24/7 Wall St. used Gas Buddy to find states where the price of a gallon of regular is within a penny or so of $3. The price of gas nationwide continues to fall, as…

Douglas A. McIntyre · 13 years ago

Analyst Sees More Than 50% Upside in Petrobras

ThinkstockPetroleo Brasileiro S.A. (NYSE: PBR), or Petrobras, is one of the more actively traded ADRs in the integrated oil and gas plays out there. It has many investors who have chased the prizes of…

Jon C. Ogg · 13 years ago

Former Obama Adviser Says President Will Nix Keystone XL Pipeline

ThinkstockCarol Browner, who served as the U.S. Environmental Protection Agency (EPA) administrator under President Clinton and as director of the White House Energy and Climate Change Policy under President Obama, told a Washington audience…

Paul Ausick · 13 years ago

Solar Short Interest Focused on Two Stocks

ThinkstockWe have tracked the short interest in the following North American Solar companies as of October 15: Canadian Solar Inc. (NASDAQ: CSIQ), First Solar Inc. (NASDAQ: FSLR), GT Advanced Technologies Inc. (NASDAQ: GTAT), SunEdison…

Paul Ausick · 13 years ago

Natural Gas Supply Higher Than Expected

thinkstockThe U.S. Energy Information Administration (EIA) reported Thursday morning that U.S. natural gas stocks increased by 87 billion cubic feet for the week ending October 18, compared with an expected build of about 78…

Paul Ausick · 13 years ago

U.S. Crude Supply Gains Push Prices Down

ThinkstockThe U.S. Energy Information Administration (EIA) released its weekly petroleum status report Wednesday morning. U.S. commercial crude inventories increased by 5.2 million barrels last week, maintaining a total U.S. commercial crude inventory to 379.8…

Paul Ausick · 13 years ago

Shale: More Proof of U.S. Energy Independence

ThinkstockThe positive impact of shale on U.S. energy production has been forecast for years, to the extent that many experts believe America could be energy independent soon and may become a net exporter of…

Douglas A. McIntyre · 13 years ago

No Takers for Endeavour International

ThinkstockLast February independent oil & gas company Endeavour International Corp. (NYSE: END) initiated a strategic review to help it “further enhance shareholder value.” The company needed the help. Its size works against it. At…

Paul Ausick · 13 years ago

Only One Bidder for Massive Brazilian Offshore Oil Field

ThinkstockYou would think that the auction of an oil field with as much as 15 billion barrels of oil in place would attract a lot of attention. Well it did attract some demonstrations against…

Paul Ausick · 13 years ago

As Gas Prices Fall Toward $3, a New Call for Gas Tax

ThinkstockGasoline prices have started to head back toward $3, mostly because of falling oil prices and the anticipation that fracking will make the global inventory of petroleum grow. The drop many not help Americans as much as could…

Douglas A. McIntyre · 13 years ago