oil and gas
The International Energy Agency now forecasts a demand decline of nearly 8 million barrels a day in 2020, largely due to the COVID-19 pandemic.
15 hours ago
With the stock market way overbought, and many investors looking for value ideas, beaten-down energy giants may be an outstanding idea now. Investors that can see past the current environment could...
1 day ago
While investors were not happy about Dominion Energy's sale of natural gas assets and other major changes to the company's business, analysts were more upbeat.
3 days ago
Residential solar installer Sunrun is acquiring Vivint a few days after Berkshire Hathaway acquired the natural gas pipeline business of Dominion Energy.
3 days ago
Oil and gas producer Chesapeake Energy filed for bankruptcy Sunday claiming $10 billion in assets and $50 billion in liabilities.
11 days ago
While the energy sector is now regarded as an almost contrarian play, the odds are in investors' favor. The lead energy analyst at SunTrust Robinson Humphrey has upgraded three oil stocks to a Buy.
14 days ago
In the two-week short interest period that ended June 15, oil and gas stocks mostly saw declines in short selling, but share prices fell off a cliff for most.
15 days ago
U.S. crude oil production and crude oil inventories both rose last week. Gasoline inventories are falling, however, and pump prices continue rising.
16 days ago
June is nearing its end and the stock market’s recovery along with the overall economic reports have been nearly unimaginable. Employers, investors, day traders, economists and those who are...
19 days ago
SunTrust Robinson Humphrey has upgraded both EOG Resources and Occidental Petroleum and boosted their price targets.
21 days ago
After shutting in production at thousands of U.S. shale wells, some producers are getting set to restart the wells. U.S. production could rise by half a million barrels a day by next month according...
23 days ago
A new week means new speculation about when Chesapeake Energy will file for bankruptcy. If anonymous sources are to be believed, the reckoning is only days away.
24 days ago
The carefully followed International Energy Agency Monthly report for June says oil demand will drop by the largest amount in history in 2020.
24 days ago
Last Updated: 24 days ago
British oil and gas giant BP announced Monday that it would take a second-quarter write-off of some $13.0 billion to $17.5 billion due to the near- and long-term impacts of the COVID-19 pandemic.
25 days ago
Moody's Investors Service has revised its outlook for energy midstream companies from stable to negative. The first time the firm has lowered its outlook on the sector.
29 days ago