SunTrust Says Plunge in Oilfield Services a Huge Buying Opportunity
In a recent report, SunTrust was out aggressively defending the oilfield services industry and pounding the table of three companies.
Energy
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Crude Oil Prices Recovering Lost Ground
U.S. crude oil prices are regaining some of the ground they lost during the sudden plunge in equity markets that occurred earlier this month. There are additional reasons for the comeback, however.
18% of US Energy Comes From Renewable Sources
In 2017, 18% of all electricity generation in the U.S. came from renewable sources, double their contribution of just 10 years ago and nearly equal to generation from nuclear power.
US Oil Rig Count Rises by 7 as Crude Price Remains Steady
The U.S. land-based oil rig count rose by seven this week, while the number of rigs drilling for natural gas fell by an identical number.
Why SolarEdge Is Thursday’s Biggest Earnings Winner
SolarEdge Technologies saw its shares make a huge gain on Thursday after the company reported its most recent quarterly results late on Wednesday.
Natural Gas Price Ticks Up as Inventory Dips More Than Expected
Demand for natural gas was higher than expected last week and the U.S. inventory level fell to nearly 25% below last year's level for the same period and to nearly 20% below the five-year…
Why SunPower Stock Is Being Hammered
Solar module maker SunPower is seeing its share price get mangled Thursday morning following a disappointing outlook for the next quarter and the entire 2018 fiscal year.
Phillips 66 Shrinks Warren Buffett’s Dominance With Huge Stock Buyback
Phillips 66 has agreed to repurchase 35 million shares of its own common stock from a wholly owned subsidiary of Berkshire Hathaway.
Crude Oil Price Improves on Small Rise to Stockpiles, but Gasoline, Exports Weigh
The U.S. crude oil stockpile grew less than expected this week, but gasoline inventories rose more than expected and exports jumped by 500,000 barrels a day.
US to Lead Charge in Global Oil Growth, May Become World’s Largest Producer
The new International Energy Agency (IEA) report on oil supply and demand shows that supply may top demand later this year.
US Shale Crude Oil Production to Rise 110,000 Barrels a Day in March
The U.S. Energy Information Administration drilling productivity report forecasts March shale oil production to rise by 110,000 barrels a day with new wells added 657 barrels a day to the total.
US National Average Gasoline Price Sees First 2018 Drop
The national average gasoline price dropped a few cents last week, the first decline in gas prices that we've see so far in 2018.
OPEC Lifts 2018 Oil Supply Based on US Production Growth
OPEC increased its 2018 estimate of U.S. production growth by 1.3 million barrels a day in the cartel's monthly oil market report released Monday.
Major Oil Stocks Scare Off Short Sellers
The January 31 short interest data have been compared with the previous figures, and short interest in most of these selected big oil stocks decreased.
With Oil Down 10% in 2 Weeks, 4 Integrated Dividend Stocks to Buy Now
We screened our 24/7 Wall Street energy research universe and found four Buy-rated stocks offering investors outstanding entry points after the recent selling.