gas

Camber Energy Inc. (NYSE: CEI) shares are trading higher Tuesday after retail traders pushed the stock up. The stock has a high interest in the FinTwit community and is a favorite among @MrZackMorris, who is a closely followed Twitter user in the FinTwit space. Camber Energy was up...

Occidental Petroleum Corporation (NYSE: OXY) announced on Wednesday afternoon a major asset sale analysts say has helped improve the company’s near-term financial outlook and has the stock positioned to be an outperformer in coming years. What Happened? Occidental announced the sale of...

Investors who have owned stocks in the last year have generally experienced some big gains. In fact, the SPDR S&P 500 ETF Trust (NYSE: SPY) total return over the last 12 months is 33.2%. But there is no question some big-name stocks performed better than others along the way. Exxon’s Big...

To view more FreightWaves infographics, click here. Image Sourced from Pixabay

To view more FreightWaves infographics, click here. Image by Kristina Kasputienė from Pixabay

David Roush is the president of KSM Transport Advisors and he's been watching trucking markets for a long time. As a result, he's well-positioned to talk about how long he thinks the current bull freight market can keep roaring along on this week's Drilling Deep podcast with host John Kingston....

Benzinga has examined the prospects for many investor favorite stocks over the past week. The past week's bullish calls included oil, automaker and semiconductor giants. E-commerce and electric vehicle leaders and a FAANG stock were among the bearish calls seen. The second quarter ended...

Hat tip to James Kirkpatrick for the apposite Simpsons still.  Chaos In The Mideast, Gas Lines At Home In our last post (Shades Of 2000 And 2008), we wrote about two observers of the current scene who saw parallels to the spring of 2000 and the summer of 2008, respectively. We'll...

Although the long-term growth prospects of ConocoPhillips (NYSE: COP) are not as high as some of its peers like Exxon Mobil Corporation (NYSE: XOM), its accelerated free cash visibility positions the stock among "yield" names, according to BofA Securities. The ConocoPhillips Analyst...

Although Chevron Corporation (NYSE: CVX) has a consistent performance track record, its stock currently trades at a premium to peers, according to Goldman Sachs. The Chevron Analyst: Neil Mehta downgraded the rating for Chevron from Buy to Neutral, while reducing its price target from $117 to $113...

BP plc (NYSE: BP) is writing down $17.5 billion in assets in the second quarter and forecasting lower oil prices. The oil company said Monday that it has revised its long-term price predictions and is lowering them and extending the period covered to 2050. “These actions will lead to non-cash...

BP plc (NYSE: BP) is cutting 10,000 jobs following a global slump in demand for oil due to the coronavirus crisis, CEO Bernard Looney announced Monday. The pandemic drove the price of oil to less than $20 a barrel; it has since recovered to around $41 a barrel.  Looney held a webcast to...

Patrick DeHann, head of petroleum analysis at GasBuddy.com, joined Benzinga’s PreMarket Prep show this week to discuss the state of the U.S. and global oil markets. A pricing war between Saudi Arabia and Russia, travel shutdowns associated with the coronavirus (COVID-19) outbreak and U.S...

A Friday 8-K filing by Exxon Mobil (NYSE: XOM) shows the company expects to gain $3.4 billion to $3.6 billion from the sale of its upstream Norwegian oil and gas assets, lifting its fourth-quarter earnings results. Exxon Mobil agreed to sell its Norwegian oil and gas assets...

The People’s Republic of China and the Russian Federation have been increasingly warming their ties, and the latest gas pipeline could take their relationships further. What Happened The leaders of the two countries Vladimir Putin and Xi Jinping inaugurated the $55 billion pipeline project on...