Oil prices have fallen sharply in November, but natural gas’ rise has been even more striking with prices for the heating fuel...
OKLAHOMA CITY, Nov. 13, 2018 (GLOBE NEWSWIRE) — Chaparral Energy, Inc. (NYSE: CHAP) today announced its third quarter 2018 financial and operational...
Jordan Blum, Houston Chronicle – “Shrink to grow” is a cliche that often results in just shinking a company, but if any...
Source: U.S. Energy Information Administration, U.S. Oil and Natural Gas Wells by Production Rate Note: Annual production estimates shown here are based on data...
Raymond Plank, former bomber pilot who watched from the air as a mushroom cloud formed over Nagasaki dies at 96. By Harrison...
TULSA, Okla. – NGL Energy Partners LP (NYSE:NGL) today announced that it has entered into a definitive agreement to sell NGL Water Solutions...
Peregrine Energy continues to drive value with latest acquisition in the historic Tinsley Field. DENVER, COLORADO, UNITED_STATES, November 7, 2018 — Peregrine...
OKLAHOMA CITY, Nov. 5, 2018- PANHANDLE OIL AND GAS INC.(NYSE: PHX) today reported that it has entered into a definitive agreement to...
A well operated by Roan Resources, LLC in township 9N-5W of Grady County, Oklahoma has been permanently shut down after an earthquake...
Houston oilfield services company Baker Hughes reported Friday its weekly rig count report. The U.S. oil drilling rig count declined this week...
U.S. stocks completed a momentous trading session on Wednesday, with investor optimism over Donald Trump's presidential election victory fueling the most significant post-election jump in the Dow Jones Industrial Average in over 100 years.
Wednesday's advance in all three major U.S. stock indexes came despite a spike in Treasury yields, led by a 15.3-basis-point rise in the 30-year rate.
Based on preliminary data, the Dow Jones Industrial Average closed up 1508.05 points, or 3.6%, at a new record close of 43,729.93.
The S&P 500 closed up by 146.28 points, or 2.5%, at 5,929.04.
The Nasdaq Composite ended up by 544.29 points, or almost 3%, at 18,983.47.
The small-cap Russell 2000 Index finished up by roughly 129 points, or 5.7%, at around 2,390 for its largest one-day point gain on record.
At Janus Henderson Investors, Marc Pinto, head of Americas equities, and Lucas Klein, head of EMEA and Asia Pacific equities, said the surprisingly straightforward U.S. election results may provide additional fuel for U.S. stocks through year-end. However, they said, it remains to be seen how policy will impact future earnings—the real driver of long-term returns.
The stocks of renewable-energy companies led S&P 500 decliners early Wednesday, after former President Donald Trump won a sweeping victory in the U.S. presidential election.
Trump, who has denied that the climate is changing as a result of burning fossil fuels, is expected to upend green policies implemented by the current administration, which include solar tax credits and incentives that were part of incumbent President Joe Biden’s Inflation Reduction Act.
“The renewables sector might face downward pressure if Trump prioritizes fossil fuels over green energy and scales back clean energy incentives or environmental regulations,” said Daniela Sabin Hathorn, senior market analyst at Capital.com, in emailed comments.
Bill Armstrong isn’t following the industry playbook. As U.S. shale producers consolidate and shrink...
Haynesville Gas Takeaway Grows With Leg Pipeline Launch (P&GJ) — Williams Companies has placed its...
Yuka Obayashi and Katya Golubkova | TOKYO (Reuters) -U.S. President Donald Trump said on...
Baker Hughes, Hunt Energy, and Argent LNG are forming a partnership to create a...
By Charles Kennedy for Oilprice.com | Shell and other major energy players have withdrawn...
Merger and acquisition activity in the U.S. upstream oil and gas sector slowed significantly...
by Andreas Exarheas| RIGZONE.COM | Chevron will “consolidate or eliminate some positions” as part of...
The newly unveiled U.S.–EU energy framework, announced during the July 27–28 summit in Brussels,...
The U.S. oil and gas industry is riding a line between productivity and paralysis....
By Felicity Bradstock for Oilprice.com | The United Nations Development Programme (UNDP) and the...
By Haley Zaremba for Oilprice.com | The United States electric vehicle industry is facing...
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