oil and gas

More Real-Life Delivery Problems Getting Product Out of the Permian

Posted: April 23, 2019 at 11:50 am

Apache Corp. (NYSE: APA) has seen many ups and downs over various oil cycles, but even without considering the higher highs in the 2008 and 2011 surges, its shares are ...
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Why Goldman Sachs Is Investing in Key Energy

Posted: April 22, 2019 at 11:40 am

When the markets closed on Thursday for the long weekend, Key Energy Services Inc. (NYSE: KEG) had a market cap of around $77 million. By mid-morning Monday, the firm's market ...
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What Halliburton, Schlumberger Earnings Signal as US Iran Sanctions Waivers End

Posted: April 22, 2019 at 8:30 am

Crude oil futures traded up about 2% Monday morning following a Washington Post report that U.S. Secretary of State Mike Pompeo will announce today that as of May 2, the ...
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Kinder Morgan Earnings Accompanied by Dividend Hike to New Milestone

Posted: April 17, 2019 at 4:28 pm

Kinder Morgan Inc. (NYSE: KMI) has released its first-quarter earnings for 2019, along with an update on its Permian Basin projects and news of a dividend hike that reached an ...
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US Shale Buyout Targets Are Everywhere, but Are There Buyers?

Posted: April 15, 2019 at 12:20 pm

Last Friday's announcement that Chevron Corp. (NYSE: CVX) would pay $65 a share in cash and stock for Anadarko Petroleum Corp. (NYSE: APC) in a deal valued at $33 billion ...
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After Gigantic Anadarko Acquisition, 6 Top Stocks That May Be Next

Posted: April 15, 2019 at 7:00 am

If anything gets the Wall Street juices flowing, it’s a big acquisition, and the recently announced $33 billion purchase of Anadarko Petroleum Corp. (NYSE: APC) by mega-cap integrated giant Chevron ...
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Stifel Has 5 Top Energy Stocks to Buy Under $10 With Massive Upside Potential

Posted: April 13, 2019 at 9:00 am

While most of Wall Street focuses on large and mega cap stocks, as they provide a degree of safety and liquidity, many investors are limited in the number of shares ...
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Chevron’s Acquisition of Anadarko Is All About Shale

Posted: April 12, 2019 at 8:30 am

In the fourth quarter of 2018, Chevron Corp. (NYSE: CVX) pumped 377,000 barrels of oil equivalent out the Permian Basin, a year-over-year increase of 84%. Friday morning the oil and ...
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Natural Gas Price Ticks Higher on Weather Outlook, Minimal Storage Growth

Posted: April 11, 2019 at 11:00 am

The U.S. Energy Information Administration (EIA) reported Thursday morning that U.S. natural gas stockpiles increased by 25 billion cubic feet for the week ending March 29. Analysts were expecting a ...
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Short Interest in Energy Stocks Cools Off

Posted: April 10, 2019 at 9:05 am

Crude oil traded at around $64.40 a barrel early Wednesday. Over the past month, the price of West Texas Intermediate (WTI) crude has risen from about $58 to around $64 ...
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5 Energy Stocks to Buy Now With 100% or More Implied Upside

Posted: April 9, 2019 at 6:50 am

Another day, another big move in the benchmark price of oil. As we have noted recently here at 24/7 Wall St., despite the massive price gains of both West Texas ...
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Petrobras Gets New Street-High Analyst Target for Upside

Posted: April 8, 2019 at 3:06 pm

Petróleo Brasileiro S.A. (NYSE: PBR), or Petrobras, is not your traditional oil giant. Being a Brazilian state-controlled oil company with shareholder rights further down the line than most oil giants ...
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The Secrets in Saudi Aramco Bond Filing

Posted: April 8, 2019 at 8:50 am

Brent crude oil sold for an average of $43.55 a barrel in 2016. To refresh your memory, that was the year that OPEC, particularly Saudi Arabia, chose to fight rising ...
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Jump in Oil Prices Could Be Huge for 3 Top Lagging Stocks

Posted: April 8, 2019 at 7:30 am

With West Texas Intermediate crude firmly over the $60 a barrel mark and up a stunning 36% in 2019 alone, this might be the catalyst the oil services sector needs ...
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Natural Gas Price Dips as Permian Basin Prices Go Negative

Posted: April 4, 2019 at 1:25 pm

The U.S. Energy Information Administration (EIA) reported Thursday morning that U.S. natural gas stockpiles increased by 23 billion cubic feet for the week ending March 29. Analysts were expecting a ...
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