For worried investors, it may make sense to jettison stocks that have big gains and start to look at a sector like energy, which probably still has solid potential for the rest of 2018.
Energy explorations and production company Hess missed estimates on revenues and expected net losses for both the fourth quarter and the full year.
The number of rigs drilling for oil in the United States rose by 6 this week, on top of a gain of 12 in the previous week. Prices are showing the effects.
Chevron's Q4 earnings got a big lift from changes in the U.S. tax law. Without that, results would have been barely okay.
Exxon Mobil got a big boost in fourth quarter from the new tax laws. Without that, net income for the quarter would have fallen compared to same period of 2016.
U.S. natural gas stockpiles fell less than expected last week, pushing prices of gas for March delivery down to the mid-$2.80s range. That's about $0.30 lower than just a few weeks ago.
Hydraulic fracturing services provider FTS International expects to price more than 19 million shares so that its initial public offering is valued up to more than $403 million.
U.S. commercial crude oil inventories increased by more than 6 million barrels last week as production continues to rise, more than offsetting increases in exports of both crude oil and refined products.
These five top stocks to buy all make good sense for investors looking to add energy, especially companies with Permian Basin exposure.
Oil and; gas producer Chesapeake Energy fired 400 employees Tuesday, most at the company's Oklahoma City headquarters. It's been a tough decade for the one-time high flyer.
Quintana Energy Services intends to price more than 9 million shares for an initial public offering valued up to more than $159 million.
Continued demand for crude oil and gasoline to export combined with unusually high demand for this time of year are keeping gasoline prices high.
After getting torched last week following a short seller report, fuel cell maker Ballard announced some good news this morning that has regained a good bit of last week's share price loss.
Drilling equipment maker Cactus intends to price more than 21 million shares so that its initial public offering is valued up to more than $468 million.
Since gasoline prices move nearly lockstep with oil prices, gas prices are likely to sprint toward $3 soon. And there could be an effect on the consumer economy.
