oil and gas

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

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

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

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

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?

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

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

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

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

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

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

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

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

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

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

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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