ExxonMobil Renews its Search for a Key to Unlock This Massive Oil Deposit
Matt DiLallo, The Motley Fool - Motley Fool - Fri Mar 21, 1:00PM CDT
Royal Dutch Shell in-situ oil shale facility in Colorado. Photo credit: Wikipedia /U.S. Geological Survey Department of the Interior/USGS For years we've known that America was sitting on a simply remarkable oil resource. Some estimates suggest...
Will the Energy Boom Push the Dow Higher in 2014?
Dan Caplinger, The Motley Fool - Motley Fool - Fri Mar 21, 11:30AM CDT
The Dow Jones Industrials was up nearly 100 points as of 12:30 p.m. EDT Friday, as investors became more confident about the prospects for the U.S. economy. The energy industry has played a big role in driving the pace of domestic economic growth,...
BP Wins One and Loses One in the Gulf
Reuben Brewer, The Motley Fool - Motley Fool - Fri Mar 21, 9:36AM CDT
BP is still suffering from the overhang of the Deepwater Horizon oil spill. On the legal front, it just lost a case that will hit the company's checkbook. However, on the regulatory front it just got some good news. Long lasting BP isn't the...
Chevron (CVX) Approaches New Upside Target of $117.06
Comtex SmarTrend(R) - Fri Mar 21, 9:34AM CDT
Chevron (NYSE:CVX) has opened bullishly above the pivot of $115.30 today and has reached the first level of resistance at $116.29. Should the shares continue to rise, the resistance pivots of $117.06 and $118.82 will be of interest.
GoM Leases Net $872M as BP Returns - Analyst Blog
Nilanjan Choudhury - Zacks Investment Research - Thu Mar 20, 4:13PM CDT
BP participated in its first Gulf of Mexico federal lease sale since 2012, which attracted $872 million in bids.
BP Returns From Exile, Wins Gulf Bids
at The Street - Thu Mar 20, 11:18AM CDT
British Petroleum is looking much better following its re-entry into the Gulf of Mexico and its clever plans to export crude.
Here's Why ExxonMobil's $5.5 Billion Debt Issue Makes Sense
Bob Ciura, The Motley Fool - Motley Fool - Thu Mar 20, 9:15AM CDT
Oil and gas juggernaut ExxonMobil is a relative stranger to the debt market. The biggest energy company in the world hasn't sold bonds in more than 20 years. That streak just ended, on news that ExxonMobil sold $5.5 billion in debt, which...
Freeport-McMoRan Copper & Gold Inc. Makes a Big Splash in the Gulf of Mexico
Matt DiLallo, The Motley Fool - Motley Fool - Thu Mar 20, 8:45AM CDT
Photo credit: Cobalt International Energy Freeport-McMoRan emerged as the big spender in the government's latest round of lease auctions in the Gulf of Mexico. The company won 16 of the 17 bids it placed as it put up $321 million to secure...
Increased Ownership Stakes, Reaffirmed Growth Strategies, Segment Reorganization, and TRS Agreements - Analyst Notes on Schlumberger, Chevron, National Oilwell Varco, Kinder Morgan, and Seadrill
PR Newswire - Thu Mar 20, 7:00AM CDT
Today, Analysts Review released its analysts' notes regarding Schlumberger Limited (NYSE: SLB), Chevron Corporation (NYSE: CVX), National Oilwell Varco, Inc. (NYSE: NOV), Kinder Morgan, Inc. (NYSE: KMI), and Seadrill Limited (NYSE: SDRL). Private wealth members receive these notes ahead of publication. To reserve complementary membership, limited openings are available at: http://www.AnalystsReview.com/register
BP: 24 top bids for $41.6M in Gulf oil lease sale
By JANET McCONNAUGHEY - AP - Wed Mar 19, 6:53PM CDT
NEW ORLEANS (AP) — High bids from Freeport-McMoRan Oil & Gas LLC made up more than one-third of the $850.8 million total at Wednesday's federal oil lease sale for the central Gulf of Mexico. It also was the first sale since the government said BP PLC can again secure federal contracts; the company made $41.6 million in high bids.
2 Key Areas Where Royal Dutch Shell plc Needs to Improve
Arjun Sreekumar, The Motley Fool - Motley Fool - Wed Mar 19, 6:00PM CDT
In an attempt to improve its financial performance and boost shareholder returns, Royal Dutch Shell plans to radically overhaul its underperforming businesses, while divesting $15 billion of assets through 2015. As new CEO Ben van Beurden...
Contracts Galore for CBI - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Wed Mar 19, 5:45PM CDT
It has been raining contracts for Chicago Bridge & Iron Company N.V.
Releasing Strategic Oil Reserves to Hurt Russia Is a Bad Idea
Varun Chandan, Arora, The Motley Fool - Motley Fool - Wed Mar 19, 9:45AM CDT
The crisis in Ukraine escalated this week after the pro-Russia Crimea region voted to secede. On Tuesday, Russian President Vladimir Putin signed a treaty with Crimea's new pro-Russian premier on joining Russia even as the U.S. and European Union...
Big Oil Is in Trouble, but All Is Not Lost
Rupert Hargreaves, The Motley Fool - Motley Fool - Wed Mar 19, 8:58AM CDT
One of the attractive qualities of big, international oil companies, is the fact that they are predictable and steady in times of turbulence, or at least they have been in the past. Right now however, Chevron , Royal Dutch Shell , and ExxonMobil...
Watch for Chevron to Potentially Pullback After Gaining 1.03% Yesterday
Comtex SmarTrend(R) - Tue Mar 18, 3:52PM CDT
Chevron (NYSE:CVX) traded in a range yesterday that spanned from a low of $115.20 to a high of $116.56. Yesterday, the shares gained 1.0%, which took the trading range above the 3-day high of $115.75 on volume of 5.5 million shares. Often times after large one-day gains, short term traders will seek to take profits and, as such, investors should be cautious.
Dow Jones and Oil Up as Russia Moves to Annex Crimea
Travis Hoium, The Motley Fool - Motley Fool - Tue Mar 18, 2:30PM CDT
Russia is moving forward with annexing Crimea, and the Dow Jones Industrial Average and oil are both moving higher in trading today. Investors are bidding up stocks because it appears that Crimea joining Russia won't result in military action...
Is ExxonMobil About to Reclaim Its Throne Atop the Big Oil Stocks?
Tyler Crowe, The Motley Fool - Motley Fool - Tue Mar 18, 12:00PM CDT
ExxonMobil may be the most recognizable name in the oil and gas industry, but it has barely registered as one of the top energy stocks in comparison to its Big Oil peers. The company is really hoping that 2014 will turn that around, though. Exxon...
BP Plc Is Getting Back on Track
Varun Chandan, Arora, The Motley Fool - Motley Fool - Tue Mar 18, 11:48AM CDT
Just a few days after BP Plc announced a plan to separate the management of its U.S. onshore oil and gas business, a move that gives the company its best chance to capitalize on the shale boom in the U.S., its offshore business in the U.S. has...
Sinking Inflation Lifts the Dow, But Will it Force the Fed's Hand?
Dan Caplinger, The Motley Fool - Motley Fool - Tue Mar 18, 11:30AM CDT
The Dow Jones Industrials were up 83 points as of 12:30 p.m. EDT, as favorable signs in the U.S. economy overwhelmed any nervousness about the ongoing situation in Ukraine. One piece of economic data investors seemed happy about was the February...