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*Number of rigs in Marcellus has dropped- Baker Hughes. The U.S. Energy Information Administration says production in the fast-growing field in Pennsylvania and West Virginia is set to remain flat for the next few years before beginning a very slow decline primarily because of depressed gas prices. The number of rigs in the area has dwindled in recent months to...
NEW YORK— The stock market eked out another record close on Thursday as rising oil prices boosted energy stocks. Best Buy was among the biggest gainers after reporting earnings that exceeded the expectations of Wall Street analysts. Lumber Liquidators, a specialty retailer of hardwood flooring, plunged after its CEO abruptly quit the company.
NEW YORK, May 11- The rebound in oil prices since mid-March is paying off for holders of corporate bonds of energy companies, and investors are confident that they will outperform Treasuries this year, despite lingering risks. "Treasuries are significantly overpriced in the current market while energy bonds are cheap," said Kevin Dachille, institutional...
HOUSTON/ NEW YORK May 7- SandRidge Energy Inc is the target of a federal grand jury probe concerning violations of antitrust law related to the leasing of oil and gas properties, the company said in a regulatory filing on Thursday. The Oklahoma City, Oklahoma- based company said the transactions subject to the government's inquiry date from 2012 and prior years,...
HOUSTON, April 24- Aubrey McClendon, the former CEO of Chesapeake Energy Corp, is under investigation by the U.S. Department of Justice for potential antitrust violations related to leasing oil and gas properties, according to a regulatory filing by a new business venture he helps run. "In connection with the formal investigation of Chesapeake in 2012 by the U.S....
The crash in oil prices stresses energy balance sheets. Here are 7 big oil companies with high bankruptcy risk based on the Altman Z-score.
Oklahoma's earthquakes are racking up millions of dollars in damages and unleashing a political and financial maelstrom.
The oil price crash represents for some "a great chance to seize on the crisis and turn it into an opportunity," Les Csorba, a partner with Heidrick& Struggles in Houston, said on the sidelines of the CERAWeek conference. Two executives that typify the new breed include the chief executive officers of Apache Corp and Chesapeake Energy. Apache's John Christmann and...
Are you ready skeedaddy???!!! It's time for the Lightning Round. Cramer makes the call on viewer favorites.
American Energy–Utica and natural-resource investor Energy & Minerals Group announce a settlement with Chesapeake. But Aubrey McClendon bristles.
April 14- Energy& Minerals Group, which has invested billions in oil and gas ventures with former Chesapeake Energy Corp Chief Executive Officer Aubrey McClendon, has moved to extricate itself from a lawsuit filed by Chesapeake alleging McClendon stole its trade secrets and used them to build up his new businesses. Houston- based EMG, a private investment firm...
Brian Sullivan and Dom Chu will list the top 40 cheapest stock picks from Goldman Sachs.
Carl Icahn was right about Chesapeake Energy in 2012, buying the energy stock when it bottomed out. Is it time to join Icahn's trade again?
U.S. stocks closed lower as investors attempted to find clarity on the timing of a rate hike amid concerns of the dollar's impact on earnings.
Take a look at some of Tuesday's early movers:
Check out the companies making headlines after the bell Monday: Digital Ally, Herbalife, Chesapeake & more.
Employees at 11 non-financial companies in the Standard & Poor's 500 brought in more revenue apiece than any other in America. USA TODAY reports.
Take a look at some of Thursday's early movers:
Bullish case for owning energy stocks like Bill Barrett and Chesapeake.
There's a group of stocks in the S&P 500 that's trading in the feared "death cross," a phenomenon chart analysts use to determine bearish trends.