Energy Sector in the Doldrums: Dallas Fed
Oil and gas firms in the 11th Federal Reserve District, which includes Texas and parts of New Mexico and Louisiana, reported that growth slowed to near zero in the fourth quarter of 2018.
Energy
All Energy Articles
Newest first · Page 57
Why Big Oil Looks to Be the Best Energy Bet for 2019
With oil hovering near 2018 lows, these energy stocks are outstanding long-term buys for growth portfolios looking for income as well.
Short Sellers Grow More Selective in Major Oil Stocks
The December 14 short interest data have been compared with the previous figures, and short interest in these selected big oil stocks was mixed.
Exxon Retreats From Confrontation With Venezuelan Navy
A seismic exploration vessel under contract to Exxon Mobil was forced Saturday to leave offshore waters claimed by Venezuela and Guyana. The company has a contract with Guyana to develop a block that country…
Short Sellers Yield on Alt Energy, Move on Solar Stocks
Short interest moves favored solar over alternative energy stocks during the two-week reporting period that ended on December 14.
Exxon Retreats From Confrontation With Venezuelan Navy
A seismic exploration vessel under contract to Exxon Mobil was forced Saturday to leave offshore waters claimed by Venezuela and Guyana. The company has a contract with Guyana to develop a block that country…
Jefferies Says Top Midstream Energy MLPs Are Outstanding Buys Now
Falling crude oil prices have taken some of the shine of energy industry stocks. Here are four energy infrastructure companies that rank high with analysts at Jefferies.
Gas Prices Drop Below $2 in 9 States, Boost to Consumers
Gasoline is a large enough part of consumer costs for millions of people that the downward trend in price will continue to unleash consumer spending through the end of the year.
US Oil Rig Count Jumps by 10 This Week, Crude Price Holds Gains
The number of U.S. land-based drilling rigs searching for oil rose by 10 this week, following two weeks of declines. Crude prices got a boost earlier in the day from a report that the…
Natural Gas Price Holds Slight Gain Following In-Line Inventory Withdrawal
Natural gas prices have dropped below $4 per million BTUs over the past week but built a small gain Thursday following the weekly storage report from the U.S. Energy Information Administration.
Pacific Ethanol Shuts Down Nebraska Plant, Fires 26 Workers
U.S. biofuel maker Pacific Ethanol has reportedly closed one of its two Nebraska plants and laid off 26 of its 60 workers in the state as the ethanol industry fights low prices and oversupply.
Crude Oil Price Holds On to Gain Following Inventory Report
The U.S. commercial crude oil inventory dropped by less than 1 million barrels last week while gasoline and diesel fuel supplies fell as well. The overall inventory drop was not enough to put a…
Is Shell About to Spend $8 Billion to Double Its Permian Basin Acreage?
Oil supermajor Shell is said to be in discussions to acquire Permian Basin producer Endeavor Energy for around $8 billion. This could be a very good deal for the Dutch giant if it can…
Credit Suisse Has 6 Top Solar Stock Picks for 2019
Credit Suisse has issued an alternative energy outlook for 2019. It should be easy to understand what the bias is here when you see the title of the report.
Gas Prices on Track to Dip Further Before Christmas
Gasoline prices are likely to dip a bit more by Christmas Day, according to analysts at GasBuddy.com. U.S. drivers should see a national average price of $2.35 on the holiday, with many locations priced…