Long-term themes are driving growth in these companies for years to come, says "Mad Money" host Jim Cramer.» Read More
HOUSTON, Nov 21- Energy companies have long touted to Wall Street investors the number of acres they lease or own as a measure of how many oil and gas shale wells they can potentially drill. Several smaller operators in the Permian Basin of Texas, including RSP Permian Inc, Laredo Petroleum Inc and Callon Petroleum Co, are telling investors there is more than meets...
Nov 20- Apache Corp slashed its capital budget for North America by a third as a sharp decline in oil prices over the past few months makes drilling less lucrative. A handful of companies, including Continental Resources Inc and Denbury Resources Inc have already cut spending plans and others are expected to follow suit. Apache said it expects to spend $4 billion...
HOUSTON— Apache Corp. said Thursday that it will sell some of its oil and gas assets for $1.4 billion. The Houston- based company is selling its interest in approximately 90,000 acres in southern Louisiana and roughly 115,000 acres in the Anadarko Basin in Texas and Oklahoma in two separate deals. The oil and gas exploration and production company has...
Nov 20- Apache Corp said it would sell oil and gas assets in southern Louisiana and the Anadarko Basin, spanning western Oklahoma and the Texas panhandle, for about $1.4 billion in two separate deals.
NEW YORK, Nov 14- Talks that could lead to oilfield services provider Halliburton Co buying rival Baker Hughes Inc may herald increased deal-making in the energy business as companies bet on a protracted drop in oil prices, industry bankers said. The Baker Hughes/ Halliburton talks have stalled after the companies weren't able to agree on issues including...
None of the major hedge funds that owned the battered U.S. energy stocks indicated having sold them
It's been a whipsaw day on Wall Street with traders trying to buy market bottoms.
Stocks failed to hold gains after a strong rally, as oil's late-day plunge overshadowed the bounce in tech, transports and industrials.
MINNEAPOLIS, Sept 18- A string of missteps at a $10 billion Angolan liquefied natural gas venture has hurt Chevron Corp's reputation as a top-notch operator of profitable energy projects around the world.
*Mitsui's iron ore ops profitable even if prices fall 20-30 pct. TOKYO, Sept 10- Japanese trading house Mitsui& Co may miss the current year's profit target of $1.1 billion for its metals business due to the slump in iron ore, warned a senior executive, who said prices may fall to as low as $80 a tonne before rebounding.
SINGAPORE/ TOKYO, Sept 5- Tests on samples of the same type of U.S. condensate now heading to South Korea and Japan have raised questions about the ultra-light crude's suitability for use in Asia, sources said, making some potential buyers wary about taking the oil.
Cramer likes to review the S&P 500’s Daily Action Charts in an effort to find stocks that could work higher.
Chevron reported second-quarter earnings on Thursday that beat Wall Street's expectations.
Aug 1- Chevron Corp, the second-largest U.S. oil company, reported better-than-expected quarterly profit on Friday as higher energy prices offset rising expenses and production dips in Kazakhstan.
HOUSTON, July 31- U.S. oil and gas company Apache Corp, under pressure from activist investor Jana Partners, said on Thursday it plans to sell interests in two liquefied natural gas projects as it sharpens the focus on developing North American shale fields.
July 31- U.S. oil and gas company Apache Corp, under pressure from activist investor Jana Partners, said on Thursday it plans to sell its interest in two liquefied natural gas projects, and reported lower quarterly profit.
WASHINGTON, July 28- The U.S. Commerce Department has put on hold at least two companies' requests for permission to sell lightly processed crude abroad, effectively stalling an industry push to export an expanding glut of oil amid the U.S. shale revolution, sources said.
Jim Cramer sees plenty of money making opportunities scattered across almost every sector of the market. Here's what's on his calendar.
A crush of big cap earnings and arguably the most important economic reports until September make next week the busiest of the summer for markets.
HOUSTON, July 23- U.S. oil and gas company Apache Corp told Reuters it is looking at ways to wring more cash out of its valuable mineral rights, as it and other energy companies face investor pressure to tap more profits from the North American shale boom.