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Shares of Teekay Corp. and Teekay Offshore Surge on Investment Deal With Brookfield Business Partners
Shares of Teekay Corporation (NYSE: TK) and Teekay Offshore Partners (NYSE: TOO) are up 12.6% and 7.4%, respectively, as of 11:15 a.m. EDT today. The jump comes after Teekay announced a transaction
Here's Why QEP Resources Inc Stock Is Sinking Today
Shares of QEP Resources (NYSE: QEP) plunged on Thursday morning, down 16% as of 10:30 a.m. EDT, after the company reported second-quarter results and unveiled a major acquisition in the Permian Basin.
Total SA Plans to Open Up the Checkbook After Impressive Q2 Earnings
It was pretty much a foregone conclusion that eventually oil and gas companies were going to start spending more money on exploration and development of new sources. The amount of underinvestment is
Rebounding Oil and Gas Sales Fuel United States Lime & Minerals Inc.'s Q2 Results
U.S. Lime & Minerals (NASDAQ: USLM) continues to benefit from a rebound in oil and gas prices. Not only is it fueling demand for its lime and limestone products, but those higher prices are also
Fire and Other Operational Items Bite Into Suncor Energy's Earnings... Again
Suncor Energy (NYSE: SU) can't seem to catch a break when it comes to its oil-sands operations. Last year, there was the devastating effect of wildfires in Alberta. This year's fire at its Syncrude
Statoil Continues to Churn Out Impressive Earnings in 2017
It wasn't that long ago that Statoil's (NYSE: STO) stock didn't look like it had much going for it. Management was projecting for slow growth as it tried to replace high-cost production sources with
Energy Transfer Partners LP Pipeline Problems Are Getting Worse
Energy Transfer Partners' (NYSE: ETP) has had its share of difficulties over the past year. The headliner was the problems it faced in building the Dakota Access Pipeline, which endured several months
Can the Marcellus Shale Continue Fueling Big Profits for Drillers in the Second Quarter?
While the price of natural gas has bounced around quite a bit over the past year, it's up about 10% overall. That higher price, when combined with an associated increase in production and lower costs
If You're in Your 60s, Consider Buying These 3 Stocks
Big life changes take place when you get into your 60s. For one thing, income to replace a salary is suddenly an important consideration. Which is why if you're in your 60s, you should consider buying
4 Areas to Watch When National Oilwell Varco, Inc. Reports Second-Quarter Results
The oil industry has been slowly pulling out of its tailspin this year thanks to a more stable oil price environment. Because of those higher prices, oil producers are spending more money on drilling
The Recovery in Core Laboratories N.V.'s Results Accelerated in the Second Quarter
The recovery in Core Laboratories' (NYSE: CLB) financial results continued gaining momentum during the second quarter, with revenue and earnings both climbing by double digits. But the overall results
Forget Kinder Morgan, Inc.: Here Are 2 Better Dividend Stocks
Investing is about the future, but you can't forget the past when you're looking at a company -- especially when you are a dividend stock investor. Kinder Morgan Inc (NYSE: KMI) is the perfect example
What to Watch in the Bakken Shale This Quarter
After two brutal years, Bakken shale drillers entered 2017 gushing with optimism due to a view that crude prices would stabilize in the mid-$50s. While still nowhere near its peak, that level would be
The Sand Rush in the Permian Basin Continues to Pulverize Frack-Sand Producers
Frack-sand producers Fairmount Santrol Holdings (NYSE: FMSA), Hi-Crush Partners (NYSE: HCLP), and U.S. Silica Holdings (NYSE: SLCA) are all getting crushed on Monday and were down double digits by the
Halliburton Second-Quarter Earnings: Back in Black
This time last year was probably the lowest point for oil-services provider Halliburton (NYSE: HAL). Not only had drilling activity hit some of the lowest levels in decades, but the company also had
4 Things Kinder Morgan Inc.'s Management Wants You to Know About What Lies Ahead
Kinder Morgan (NYSE: KMI) recently put the wraps on another solid quarter. However, overshadowing its financial results was the unveiling of the company's plans to return more cash to shareholders
5 Things Tesoro's Management Wants You to Know
Thanks to Tesoro's (NYSE: TSO) high exposure to the West Coast and improving results from its subsidiary Tesoro Logistics Partners (NYSE: TLLP), the company was able to turn in a rather respectable
Schlumberger's Second-Quarter Earnings Rebound Slightly, but Remain in the Loss Column
Before Schlumberger (NYSE: SLB) will be able to start posting profitable quarters again, the global oil market needs to stop sliding. Last quarter, the company's North America earnings began to pick
Why Big Oil Can’t Make the Renewable Energy Transition
Big oil companies are starting to consider what the world will look like after the reign of petroleum is over. For example, Royal Dutch Shell (NYSE: RDS-A) recently announced it will invest $1 billion
Can 20 Billion Barrels of Oil Ignite Growth for These 4 Oil Stocks?
Everything is bigger in Texas. That was the message sent by the U.S. Geological Survey late last year when it announced that the Wolfcamp Shale Formation in West Texas' Permian Basin holds an
Oil & Gas Stock Roundup: Operational Updates and M&A Give Investors Reason to Cheer
Oil meandered along this week, briefly spiking a couple of times on bullish news only to fall back on renewed market skepticism. Overall, crude ended the week about 1% lower to around $46 per barrel
Encana Corp Delivers a Blowout Quarter in More Ways Than One
Heading into the second quarter, analysts expected that Encana (NYSE: ECA) would turn a marginal profit, with the consensus being that it would earn $0.04 per share. However, thanks to excellent
3 Hidden Gems in the Energy Sector
The energy sector has had its ups and downs in recent years. However, despite the most recent downturn, worldwide demand for energy continues to rise, which should eventually take commodity prices up
What You Missed in Kinder Morgan Inc's Quarterly Report
Natural gas pipeline giant Kinder Morgan (NYSE: KMI) surprised the market when it unveiled its new way forward along with reporting second-quarter results after the market closed on Wednesday. Given
Here's Why Fairmount Santrol Holdings Inc. Stock Is Sinking Today
Shares of Fairmount Santrol Holdings Inc. (NYSE: FMSA) sold off on Thursday and were down more than 10% by 2:30 p.m. EDT, after two analysts downgraded the frack-sand producer's stock.This year has