oil and gas

Green Plains Drives Ethanol Into Dividend Hall of Shame

It's one thing when a company sells more debt to fund operations. It's another thing entirely when a company sells more debt and also announces that it is suspending its ...
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Canadian Government Greenlights Pipeline Expansion

Canada's Prime Minister, Justin Trudeau, and his Liberal government have approved the proposed expansion of the controversial Trans Mountain Pipeline that carries crude oil from the oil sands of western ...
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SunTrust Has Contrarian Energy Calls for a Nervous and Expensive Market

When you combine a fully valued stock market, with an inverted yield curve, and then toss in a big serving of trade issues, topped off by slowing market volume as ...
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Short Sellers Don’t Believe Low Crude Prices Will Last

Crude oil traded at around $52 a barrel early Wednesday. Over the past month, the price of West Texas Intermediate (WTI) crude for July delivery has dropped from a high ...
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Can OPEC and Russia Combined Stop Falling Oil Prices?

Monitoring the price of oil in a macroeconomic situation with volatile financial markets can get a bit tricky. Now that oil officially has entered into a bear market by falling ...
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Stifel Says Energy Stocks Are Historically Cheap With Huge Upside Potential

After plunging into the low $40s per barrel late last year, oil prices had rallied sharply, but recently West Texas Intermediate crude has slid back under the $60 level. While ...
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Short Sellers Double Their Positions in One Energy Stock

Crude oil traded at around $59 a barrel early Tuesday. Over the past month, the price of West Texas Intermediate (WTI) crude for July delivery has dropped from around $64 ...
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Oil Producers Have Finally Found a Way to Appear Environmentally Friendly — and It Doesn’t Cost Them a Thing

At its annual general meeting in Aberdeen, Scotland, this week, just over 99% of BP PLC (NYSE: BP) shareholders approved a binding resolution proposed by investor group Climate Action 100+ ...
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Electric Cars, Buses Are Slowly Taking Over the Transportation Market

It may be difficult to visualize, but sales of passenger electric vehicles (EVs), like cars, sport utility vehicles and crossovers, have doubled in just two years. Between 2016 and 2017, ...
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With Oil Still Over $60 and Summer Coming, Top Energy Stocks Are a Steal Now

The week that ended last Friday saw the worst flows from energy funds since the middle of December, which then was the worst since 2014. Despite some rumblings that Russia ...
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M&A Targets Abound in Energy Sector

Chevron Corp. (NYSE: CVX) just pocketed some $9 billion—more than $8 billion it didn't spend to acquire Anadarko plus $1 billion in a breakup, probably paid by Occidental, which outbid ...
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Why Short Sellers Jumped on 2 Energy Stocks

Crude oil traded at around $61.98 a barrel early Friday. Over the past month, the price of West Texas Intermediate (WTI) crude has dipped from about $64 to around $62 ...
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Why Chevron Let Anadarko Get Away

In an announcement that should have surprised no one, Chevron Corp. (NYSE: CVX) said Thursday it would not counter a proposal from Occidental Petroleum Corp. (NYSE: OXY) to acquire Anadarko ...
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Chesapeake’s Large Q1 Loss Isn’t All Bad News

Chesapeake Energy Corp. (NYSE: CHK) remains in turnaround mode after the Aubrey McClendon years. Despite having tried to move to more of a mix of oil and gas, Chesapeake reported ...
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$9 Billion Pipeline Merger All in the Family

Two mid-size energy master limited partnerships (MLPs) announced a definitive merger agreement Wednesday morning. MPLX L.P. (NYSE: MPLX) will acquire Andeavor Logistics L.P. (NYSE: ANDX) in an all-equity transaction valued ...
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