Soros: Speculation Drives Oil Price Bubble
George Soros thinks oil prices are starting to look like a classic bubble. His view is that current increases in the price of crude are based more on speculation that any rational balance of…
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Newest first · Page 493Halliburton Ambitions as an Acquirer Grow, Sort Of (HAL, GS)
Halliburton (NYSE: HAL) has made a conditional offer to Expro International, a British oil field services company, to acquire the company for 1.7 billion pounds (about $3.36 billion). What is interesting is that Expro…
Finally, A Powerful Bear Case For Oil Prices
When oil was at $65 almost no one believed it would double. There were a few nuts making the case, but they were ignored like Galileo was when he said the Earth moved around…
Putting Oil Wells In The Grand Canyon And Yellowstone
Do fish, bears, eagles, and porcupines care about having oil rigs on the land where they roam? Probably not. They don’t know any better. To relieve some of the supply pressure on oil prices,…
NRG & Calpine: Insanity or Opportunistic? (NRG, CPN)
After last night’s disclosure and confirmation that NRG Energy, Inc. (NYSE: NRG) had sent a buyout offering letter to Calpine Corporation (NYSE: CPN), we wanted to let the dust settle here before calling this…
OPEC Claims It Can Do Nothing About Oil Prices
Someone is not telling the truth about oil supply and demand. It appears to be the fellows over at OPEC. According to Bloomberg, Abdullah bin Hamad al-Attiyah, Qatar’s oil minister said The Organization of…
Suntech Scores on Earnings (STP)
Suntech Power Holdings (NYSE: STP) has posted earnings ahead of expectations. The earnings were $0.35 EPS and revenues rose 76% to $434.5 million; First Call estimates were $0.28 and $378 million. The gross margin…
Blacking Out The Sun: Falling In Love With Filthy Fuel
The International Energy Agency, the most well-regarded oil-price think tank in the world, says it is now concerned with whether the global supply of oil will be adequate to meet demand over the next…
IPO FILING: Synthesis Energy Systems, Inc.
Synthesis Energy Systems, Inc. has filed to come public today via an initial public offering, and it will take the proposed ticker of "SYMX" on NASDAQ. The two underwriters listed in an offering for…
T. Boone Pickens: $150 Oil (EP, SD, XCO, CLNE, YHOO)
CNBC just hosted oil magnate T. Boone Pickens this morning in a sit down interview with Becky Quick. Now that his $125 target on oil has been hit, he’s making a new prediction on…
US Makes Progress On Oil Consumption, But Too Late
Is the US breaking its heroin-like attachment to oil? Maybe. In America, people are using more fuel-efficient cars, more ethanol. and less oil. According to the FT "The country’s foreign oil dependency is expected…
Insider Watch: First Solar CEO Unloads Millions In Stock (FSLR)
As part of a 10b5-1 trading plan, First Solar Inc. (NASDAQ: FSLR) has seen its CEO Michael Ahearn unload roughly 250,000 shares of common stock. As of the last filing, he still held some…
Can Solarfun Live Up to Expectations? (SOLF)
Solarfun Power Holdings Co. Ltd. (NASDAQ: SOLF) has been on an absolute tear over the last week. The Chinese PV cell manufacturer will release earnings before the open this Wednesday (May 21). On May…
Union Drilling To Tap Capital (UDRL)
Union Drilling, Inc. (NASDAQ: UDRL) has filed to sell up to 15,726,540 shares of common stock in a secondary offering. The company will sell up to 5,000,000 shares and the rest will come from…
Nucor Taps Capital After a Huge Run (NUE)
Nucor Corporation (NYSE: NUE) is going to pursue a public offering of 25,000,000 shares of common stock and it granted underwriters an over-allotment option of up to an additional 3,750,000 shares. This offering is…