After the market closed yesterday, Xethanol Corporation (AMEX:XNL) announced that a Federal Court had approved the settlement Xethanol had reached in a class action suit alleging that the company had misled investors. The settlement…
Kinder Morgan Energy Partners LP (NYSE: KMP) expects to increase its third quarter cash distribution to its limited partners to $1.02/common unit. That’s 16% more than the cash distribution of $0.88/unit for the third…
Marathon Oil (NYSE:MRO) today gave an interim update on its third quarter performance. The company will announce earnings on October 30th. Production is expected to be up by about 34,000 barrels of oil equivalent/day…
The Emergency Economic Stabilization Act (aka, the Wall Street bailout bill) did more than provide $700 billion of taxpayer funds to jump start the economy. The legislation also included the Energy Improvement and Extension…
Energy companies are focusing on just a couple of things as they head into earnings season. First is debt and financing; second is production, especially for those companies who suffered from Hurricanes Gustav and…
It is hard to believe that crude prices would drop from $147 this summer to under $90. The Department of Energy believes prices will move back up. The agency now predicts that West Texas…
Royale Energy Inc. (NASDAQ: ROYL) has announced that it discovered natural gas in its Andrus Island East well in the Sacramento Basin of California which was drilled as part of its 2008-A drilling project. …
Two key solar stocks are being hit hard in early indications. First Solar, Inc. (NASDAQ: FSLR) and SunPower Corporation (NASDAQ: SPWRA) have both been downgraded to "Sell" from the prior "Buy" ratings over at…
The latest theory about Big Oil is that it will be brought down by falling oil prices. Shares in companies such as Exxon (XOM) and BP (BP) will be battered beyond recognition. Until recently…
It’s no secret that share prices for big oil are down over the past 12 months. These oil giants have fallen sharply from highs when oil was in the $140’s per barrel. Exxon Mobil…
Petroleo Brasileiro (NYSE: PBR), or Petrobras, is down an astonishing 13% to $37.77 today in mid-day trading. It has also almost traded an entire day’s volume. Falling oil prices, economic softness, the migration away…
Oilfield services company Nabors Industrial (NYSE:NBR) revised its guidance downward after the market closed yesterday and its share price is approaching a new 52-week low. And its bringing its competitors down with it. Noble…
If one sector always keeps having new projects and new expansions, it is solar and alternative energy. There were several announcements this morning from some key solar players such as Energy Conversion Devices (NASDAQ:…
Encore Energy Partners LP (NYSE: ENP) has filed a shelf registration to sell up to $1,000,000,000.00 in securities for its units. It will sell common units representing limited partner interests in Encore Energy Partners…
Kinder Morgan Energy Partners (NYSE:KMP) and Energy Transfer Partners (NYSE:ETP) are teaming up again, this time on a joint venture to move up to 2 billion cubic feet of natural gas per day from…