Gas Prices Predicted to Fall by Memorial Day
The national average price for a gallon of gas is lower Thursday than it was at the beginning of the week and U.S. drivers should expect them to keep falling until the Memorial Day…
Energy
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Why Chevron Let Anadarko Get Away
Now that Chevron has declined to make a counter-offer to Occidental's bid for Anadarko, where else can Chevron and the other supermajor companies look for possible acquisitions?
Chesapeake’s Large Q1 Loss Isn’t All Bad News
The headlines sound bad, but the Chesapeake Energy earnings report on an adjusted basis evaluated by analysts met the Refinitiv consensus target.
$9 Billion Pipeline Merger All in the Family
Two mid-size energy master limited partnerships announced a definitive merger agreement Wednesday morning.
Why Chevron Could Be Eyeing These 4 Companies After Losing Anadarko Bid
For investors looking for quality energy stocks with Permian and Denver-Julesburg Basin exposure, these stocks are among the best individual ideas, regardless of whether Chevron is interested in them.
EIA Raises Expectations for Crude Oil Prices and US Crude Production
The new EIA short-term forecast calls for both higher oil prices and higher U.S. crude oil production. U.S. consumers should brace for slightly higher prices at the gasoline pump this summer.
Can SolarEdge Keep Up the Pace After Q1?
SolarEdge shares soared in the wake of a better than expected first-quarter earnings report. Can it keep up the pace?
Clock Now Ticking on Chevron’s Offer for Anadarko
Anadarko Petroleum's board of directors has declared that a takeover offer from Occidental is superior to the already accepted bid from Chevronm which now has four days to make a counteroffer.
Gas Prices Rise Again Despite Trump Stepping on the Tweet Brakes
U.S. gasoline prices rose by just over a penny a gallon last week as recent price gains due to refinery maintenance and seasonal turnaround are reaching a conclusion.
Why Occidental Added More Cash to Offer for Anadarko
Occidental Petroleum on Sunday raised the cash portion of its offer to acquire Anadarko to 78% of the total $38 cash and stock portion of the deal. Will this be enough to shut out…
Gas Prices at 2019 High Ahead of Memorial Day
Average gas prices have risen to more than $3 a gallon in 10 states this week. California drivers are paying even more while drivers in Alabama are paying significantly less.
Berkshire Hathaway Jumps Into Occidental-Chevron Battle to Acquire Anadarko, With Caveats
The fight between Occidental Petroleum and Chevron to acquire Anadarko Petroleum just took a serious turn. Warren Buffett is now involved.
Gas Prices Are Approaching 12-Month High
After a one-week breather, U.S. retail gas prices returned to their ever-rising ways again last week. Prices could easily continue rising until after the Memorial Day holiday.
Why Is Anadarko Talking to Occidental Again?
Anadarko Petroleum's board said Monday morning that it will resume negotiations with Occidental Petroleum following Oxy's $76-per-share bid for Anadarko. The Oxy bid tops a $65 per share offer from Chevron that Anadarko has…
Short Sellers Hunt Profits in Solar, Alternative Energy Stocks
Short interest in solar and alt energy stocks is rising on most of the eight stocks we track in those sectors.