Earnings Are Not BP’s Biggest Story
BP on Tuesday reported profits that beat the consensus estimate but fell short on revenues. Higher oil prices and better refining margins carried the day.
BP on Tuesday reported profits that beat the consensus estimate but fell short on revenues. Higher oil prices and better refining margins carried the day.
These top energy companies are all large cap leaders that give investors the liquidity and strength many are looking for.
U.S. pump prices for gasoline rose for the first time in three weeks to start the week at $2.87. That's still a dime a gallon less than the high so far this summer. But…
These four top exploration and production stocks to buy into this week's earnings have outstanding upside potential.
The number of land-based rigs drilling for oil in the U.S. rose by three this week, it's first increase in a month. Crude oil prices remain under pressure.
Chevron badly missed both profit and revenue estimates Friday morning even though both were higher year over year. A $3 billion share buyback didn't boost investor sentiment much either.
Exxon Mobil reported preliminary second-quarter results that missed profit estimates but beat revenue expectations largely due to higher oil prices.
Two major energy patch transactions were announced Friday morning. BP paid $10.5 billion for shale assets in Texas and Louisiana while Chesapeake sold assets in Ohio for around $2 billion.
The U.S. natural gas stockpile added 24 billion cubic feet last week, well short of estimates. The Energy Information Agency is predicting that this year's injection season will come up about 10% below the…
The U.S. crude oil stockpile fell by more than 6 million barrels last week, more than double the expected drop. Gasoline inventories also posted a much larger-than-expected drop.
Electric power generation platform provider Bloom Energy is FINALLY public. Better late than never.
These three hammered sector leaders that may not be poised to jump at once but could be offering investors looking for oilfield services exposure the best entry point in years.
The July 13 short interest data have been compared with the previous figures, and short interest in these selected big oil stocks was mixed.
A proposed rule on tax collections and payments last March threatened the vitality, if not the existence, of the pipeline infrastructure companies organized as master limited partnerships. The companies caught a break last week.
The national average price for a gallon of regular gas fell by more than four cents this week according to GasBuddy. That's the lowest price since May.