US Gas Prices Could Tumble 50 Cents by Thanksgiving
U.S. retail gas prices dropped again last week for the third consecutive time. Prices could continue to sink for the next few months.
Energy
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Why Exxon and Chevron Sank After Reporting Q2 Earnings
America's two supermajor energy companies reported second-quarter results Friday morning that left investors unimpressed.
This Is the Place With the Most Expensive Gas in the World
Gasoline prices have been trending higher in the United States since the beginning of 2019. Yet retail pump prices are nowhere near the heights of the world's most expensive.
Why SunPower Earnings Are Blowing Away Investors
SunPower released mixed second-quarter financial results late Wednesday that included a surprise profit, and the stock rallied on Thursday.
Why Enphase Is Wednesday’s Big Earnings Winner
Enphase Energy soared after it released its second-quarter financial results before the markets opened on Wednesday.
BP Profits From Rising Crude Oil Prices, Flat Production
BP's profits rose sequentially as prices for crude rose and U.S. production rose by 95,000 barrels a day year over year. Sequentially, production rose by 51,000 barrels a day.
Is Exxon Mobil Better Positioned Than Chevron Ahead of Earnings?
Energy stocks have yet to participate in the great stock market rally, and this Friday will bring earnings from both Chevron and Exxon.
US Gas Prices Continue Downward Trend
Retail pump prices for gas dropped another three cents a gallon nationally last week. The price drops should continue this week in most states.
Is More Weakness Ahead for MLPs With Q2 Earnings?
Credit Suisse has an updated view on its midstream and MLP earnings for the second quarter, and the firm is suggesting that a defensive tone could emerge.
Short Sellers Mixed on Alternative Energy, Solar Stocks
Short sellers were getting pulled in opposite directions on solar and alt energy stocks in the first half of July.
Short Sellers May Be Moving Out of Energy Stocks
Of the companies we watch, short interest rose on two of six energy stocks during the two-week reporting period ending July 15.
US Gas Prices Fell Last Week for the First Time in Weeks
U.S. retail prices for gasoline fell last week for the first time in several weeks. The decline may continue for a while depending more on geopolitics than supply (which is high) and demand (which…
Can Halliburton’s Results Improve Going Forward? — Updated
Oilfield services firm Halliburton reported second-quarter earnings Monday morning that beat expectations but were light on revenues.
As Demand for Oil Falters, Can Schlumberger’s Good Results Last?
Oil field services company Schlumberger reported profits that matched expectations and revenues that were above estimates. But the industry outlook is far from encouraging.
Why Kinder Morgan Shares Are SaggingÂ
Energy infrastructure giant Kinder Morgan reported better-than-expected earnings and slightly light revenues after markets closed Wednesday.