Materials, energy and industrials are very stretched on the downside. A typical quant would look at this as a potential buy signal.» Read More
CNBC "Fast Money" traders picked their best plays on the continued up-and-down movement in oil prices.
Jim Cramer reveals the top places to invest new money on the stock market.
The fall was slight, but it was just the second year-over-year decline since April 2010, when an oil production boom was just beginning to transform Midland. Midland has a population of around 140,000, and an economic decline there alone should not seriously dent the state economy. At the heart of the Permian Basin, one of the biggest oil deposits in the country,...
HOUSTON/ WILLISTON, N.D., March 18- With the prospect of another plunge in crude prices looming after two months of stability, U.S. shale oil producers may face another round of spending cuts to conserve cash and survive the downturn. "If I were an oil company today, I would talk about one thing: how far can you cut costs," said Fadel Gheit, an oil analyst at Oppenheimer in New...
"Halftime Report" trader Joe Terranova has an interesting oil trade in the face of the commodity's drop.
Bullish case for energy stocks
HOUSTON, Feb 23- Shale oil producers are throttling back so quickly on drilling that U.S. crude output could fall sooner than expected, within months, executives say as they slash costs to cope with tumbling crude prices and compete with Persian Gulf rivals. For one, companies are cutting costs deeper and faster than before as Wall Street investors increasingly...
LONDON, Feb 20- EOG Resources became the latest major shale producer to state that it would "delay a significant number of completions" when it announced fourth-quarter results. Continental Resources has also announced plans to go slow on well completions in response to the slump in oil prices. In North Dakota, there were an estimated 750 wells that had been...
Someone mentioned to me that there were more than a dozen conference calls Thursday in the energy sector, including calls by EOG, Marathon, and Noble Energy.
CNBC's Brian Sullivan and Melissa Lee report on the slowing of output growth at EOG and what it means for the future of oil stocks.
WILLISTON, N.D., Feb 19- One of the strongest leaders of the U.S. shale revolution has been humbled by plunging oil prices. On Thursday, the number of rigs drilling in North Dakota fell below 130 for the first time in years, a level the state's top official said is necessary to prevent output from falling. ConocoPhillips and Occidental Petroleum Corp, among many others,...
WILLISTON, N.D., Feb 19- One of the strongest leaders of the U.S. shale revolution has been humbled by plunging oil prices. EOG Resources Inc slashed its 2015 budget on Wednesday amid cheap crude and said its output will not grow this year, mere months after confidently saying it was strong enough to weather the downturn without cutbacks. ConocoPhillips and...
Jim Cramer outlines his game plan for next week, noting that major bucks could be made if an educated risk is taken on this event.
Two market veterans tell CNBC's "Power Lunch" how to make money in volatile market during economic recovery.
Are you ready skeedaddy???!!! It's time for the Lightning Round. Cramer makes the call on viewer favorites.
“Mad Money” host Jim Cramer makes a bold call on where it’s time to move money now.
Jim Cramer thinks this market is like the movie "Scarface." He teaches investors how to make money in a wild market.
Despite a 15 percent jump in oil prices since Thursday, U.S. crude is not heading back to $55 per barrel, Stewart Glickman told CNBC.
The news on oil is still mostly bearish but analysts and strategists are again trying to call a bottom.
Joe Terranova, "Halftime Report" trader and chief market strategist at Virtus Investment Partners, is adding another energy company to his portfolio.