Energy

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Inventory Report Crushes Oil Prices

ThinkstockThe U.S. Energy Information Administration (EIA) released its weekly petroleum status report this morning. The big news is U.S. crude oil inventories are at their highest level since the EIA began keeping weekly data…

Paul Ausick · 13 years ago

Refining Margins Boost Earnings at Phillips 66

ThinkstockPhillips 66 (NYSE: PSX) reported first-quarter 2013 results before markets opened this morning. The oil refiner posted adjusted diluted earnings per share (EPS) of $2.19. In the same period a year ago, the company…

Paul Ausick · 13 years ago

More Oil, Higher Natural Gas Prices Pump Up Chesapeake Earnings

ThinkstockChesapeake Energy Corp. (NYSE: CHK) reported first-quarter 2013 earnings before markets opened this morning. The oil and gas exploration and production company posted adjusted diluted earnings per share (EPS) of $0.30 on revenues of…

Paul Ausick · 13 years ago

The Shale Boom Never Ends

ThinkstockShale may be critical to the future of the jobs market and the overall U.S. economy. If these observations are true, the conclusions regarding them just got another boost. There is more shale in…

Douglas A. McIntyre · 13 years ago

Serious Breaches at BP’s Norwegian Platform Cause Risk of Huge Explosion

ThinkstockBy James Burgess,oilprice.com | Mon, 29 April 2013 Benefit From the Latest Energy Trends and Investment Opportunities before the mainstream media and investing public are aware they even exist. The Free Oilprice.com Energy Intelligence Report gives you this…

247Editors · 13 years ago

Can the Oil Boom Cross the Rio Grande?

ThinkstockBy Daniel J. Graeber, oilprice.com  | Mon, 29 April 2013  Benefit From the Latest Energy Trends and Investment Opportunities before the mainstream media and investing public are aware they even exist. The Free Oilprice.com Energy Intelligence Report…

247Editors · 13 years ago

Merrill Lynch Picks Top MLPs with Higher Payouts

ThinkstockOver the course of this year we have written at great length on master limited partnerships (MLPs) and the potential for investors to receive solid total returns from these stocks. Year to date, the…

Jon C. Ogg · 13 years ago

Valero, Marathon Earnings Continue to Impress

ThinkstockOil refiners Marathon Petroleum Corp. (NYSE: MPC) and Valero Energy Corp. (NYSE: VLO) reported first-quarter 2013 results before markets opened this morning. Marathon posted diluted earnings per share (EPS) of $2.17 on revenues of…

Paul Ausick · 13 years ago

Jefferies Identifies Oil and Gas Stocks to Buy

ThinkstockDespite a market that has become negative on many commodity subsectors and a U.S. dollar that has appreciated and stunted energy pricing temporarily, some energy stocks are looking extremely attractive. Investors looking to add energy…

Jon C. Ogg · 13 years ago

BP Earnings Reflect Gain on Sale of Stake in TNK-BP

courtesy of BP plcBP PLC (NYSE: BP) reported first-quarter 2013 results before markets opened this morning. The oil and gas supermajor posted diluted earnings per American Depositary Share (ADS) of $5.20 on revenues of…

Paul Ausick · 13 years ago

Crude Oil, Gasoline Prices Set Up for Sharp Drop

ThinkstockSince early March, Brent crude oil prices have fallen more than 13%, and conventional unleaded gasoline has come down 16% since early February. This could be just the beginning of sharply lower crude and…

Paul Ausick · 13 years ago

SunPower: The Hot Solar Energy Stock

ThinkstockThere hasn’t been a lot of good news in the solar energy business for the past couple of years, but SunPower Corp. (NASDAQ: SPWR) has really turned it around since the beginning of the…

Paul Ausick · 13 years ago

Chevron Earnings Not a Pretty Picture

ThinkstockChevron Corp. (NYSE: CVX) reported first-quarter 2013 results before markets opened this morning. The oil and gas supermajor posted diluted earnings per share (EPS) of $3.18 on revenues of $54 billion. In the same…

Paul Ausick · 13 years ago

Varco Earnings Do Not Meet Lowered Expectations

ThinkstockNational Oilwell Varco Inc. (NYSE: NOV) reported first-quarter 2013 results before markets opened this morning. The oil field services and drill rig technology firm posted adjusted diluted earnings per share (EPS) of $1.29 on…

Paul Ausick · 13 years ago

Falling Gas Prices Offset the Sequester?

ThinkstockGasoline prices continue to tick down, and more experts have commented that this should help improve mediocre gross domestic product (GDP) growth in the United States. CNN Money offered a story that said this…

Douglas A. McIntyre · 13 years ago