OPEC+ Considers Price-Gouging as Coronavirus Spreads
The coronavirus outbreak in China has reduced demand for oil in the country by more than 4 million barrels a day and chopped 15% from the price of crude. OPEC+ wants to drive the…
The coronavirus outbreak in China has reduced demand for oil in the country by more than 4 million barrels a day and chopped 15% from the price of crude. OPEC+ wants to drive the…
Chevron reported a quarterly net loss before markets opened Friday. Impairment charges had been revealed, but weaker pricing contributed to the poor showing.
Exxon Mobil reported estimated fourth-quarter and full-year results early Friday, and investors are not liking what the company had to say. Had it not been for asset sales, the company's report would have been…
Friday will bring key earnings reports from Chevron and Exxon Mobil before the opening bell. These reports may create positive or negative waves throughout the energy sector.
Oil and natural gas producer Chesapeake Energy released preliminary fourth-quarter operational data Wednesday that has given the shares a real shot in the arm.
These four top energy companies pay rich dependable dividends and should continue to battle through the weakness in the sector until we get to the summer driving and travel season.
Short interest has increased on four of six energy stocks we track. Crude prices have been hit hard by worries over the impact of the coronavirus outbreak on demand for oil. Short interest in…
Short interest decreased on two of three solar stocks and increased on four of five alternative energy stocks we track. A couple of the moves were huge.
Gas prices have dropped to their lowest level since last March and now average $2.50 a gallon nationwide.
It turns out that those temporary inflation fears that pop up from time to time get a reprieve every time the price of oil tanks.
Oilfield services company Baker Hughes reported quarterly and annual results that were short of expectations, but better than its bigger competitors were able to do. Analysts appear solidly behind a recent deal with an…
Energy infrastructure provider Kinder Morgan reported fourth-quarter and full-year results after markets closed Wednesday. Earnings were a bit better though revenues were lower. But the company reaffirmed a dividend hike and lower debt.
Oilfield services firm Halliburton reported fourth-quarter and full-year 2019 results Tuesday morning. The company took an impairment charge but managed to beat lowered earnings and revenue estimates.
The World Economic Forum has issued a report entitled “Nature Risk Rising: Why the Crisis Engulfing Nature Matters for Business and the Economy.” The reports most important conclusion may be: Our research shows that…
Schlumberger released better than expected fourth-quarter financial results before the markets opened on Friday.