Over the next week 24/7 Wall St. will set mid-year price targets (June, 30, 2007) for the sixty most widely traded stocks. These targets will be based on past price performance, industry activity, forward…
Over the next week 24/7 Wall St. will set mid-year price targets (June, 30, 2007) for the sixty most widely traded stocks. These targets will be based on past price performance, industry activity, forward…
The management at GM should give up selling cars and trade oil futures. GM’s chief economist Mustafa Mohatarem says oil will drop to $40 a barrel this year. The man could make billions and…
Cramer thinks it’s too soon to buy energy stocks in today’s version of his Wall Street Confidential on TheStreet.com. Energy and commodity stocks are cratering; now even drug stocks are going up even with…
By William Trent, CFA of Stock Market Beat Despite plummeting prices for oil in recent weeks, we still don’t buy the bear case, which calls for a slower economy to rein in prices. The…
By Yaser Anwar, CSC of Equity Investment Ideas As a global oilfield and information services company with major activity in the energy industry, Schlumberger operates in two primary business segments: Oilfield Services (provides exploration…
The cat is out of the bag. As oil prices fall below $60, the first of the Big Oil companies came clean by signalling poor result. Conoco said that its quarterly numbers would be…
"The news events that used to drive the energy bull market just don’t get the mileage they once did," said energy analyst Peter Beutel of Cameron Hanover. There is still an assumption among many…
Stocks: (XOM)(COP)(CVX) Between November and December, the short interest in Exxon rose 5.9 million shares to 58.5 million. Over at Chevron, shares short were up 5.1 million to 32.6 million. At Conoco shares short…
Cramer is one that rarely holds back, and today he went pretty far out on a limb. On today’s STOP TRADING segment on CNBC, Cramer has top 3 oil picks for 2007 that CNBC…
The Chinese decided to invite all of the big energy consuming nations to Beijing. The idea behind the conference is to set up a common set of goals like conserving energy and finding alternative…
By Yaser Anwar, CSC of Equity Investment Ideas Exxon Mobil presented its 2030 Energy Outlook on Tuesday, December 12th at the company’s headquarters. There were no major changes to the outlook from last year’s…
In a magnaimous gesture, OPEC is not likely to cut oil supplies for the near-term future. It is an odd turn of events because supply in the US is at a 13 year high.…
By Yaser Anwar, CSC of Equity Investment Ideas For 3rd Q Chevron earnings of US$5.0 billion. Upstream earnings were US$3.5 billion, up US$200 million over the same period last year. CVX’s top-line growth has…
Congress has finally passed a bill that will allow oil companies to drill for the 1.26 billion barrels of oil that sit below the Gulf of Mexico south of the Florida panhandle. Although drilling…