GO
Loading...

Enter multiple symbols separated by commas

Energy Equipment and Services Oil and Gas Drilling Commodity Market Trades, Charts

More

  • Correction: Transocean-Dividend story Wednesday, 26 Aug 2015 | 1:31 PM ET

    NEW YORK— In a story Aug. 25 about Transocean Ltd., The Associated Press erroneously reported the date of the company's special meeting. Transocean moves to pause dividends, expects $2 B in charges. NEW YORK— With the price of oil at its lowest levels in more than six years, oil rig drilling company Transocean said Tuesday it wants to cancel two quarterly dividend...

  • Strong logic to Shell-BG deal: Fund manager Wednesday, 26 Aug 2015 | 3:00 AM ET
    Strong logic to Shell-BG deal: Fund manager

    Jessica Ground, U.K. equities fund manager for Schroders, talks about the merger between Shell and BG, and discusses other opportunities in the equities market.

  • NEW YORK— With the price of oil at its lowest levels in more than six years, oil rig drilling company Transocean said Tuesday it wants to cancel two quarterly dividend payments and also said it could take $2 billion in new impairment charges. Transocean stock has plunged 67 percent over the last year as the price of oil and gas tumbled and companies cut back on...

  • 7 stocks to play oil selloff: Lipow Monday, 24 Aug 2015 | 11:47 AM ET

    Oil prices may not recover until after Q1 2016 but it’s not all bad news for the sector, says oil analyst Andy Lipow. Here's how to play it.

  • Oil could drop into the $20s: Kilduff Thursday, 20 Aug 2015 | 1:08 PM ET
    Oil rig workers crude oil

    John Kilduff explains how oil, already in a bear market, could drop to the mid-$20s per barrel.

  • 'Nowhere to hide' in oil patch: Expert Wednesday, 19 Aug 2015 | 12:10 PM ET
    'Nowhere to hide' in oil patch: Expert

    John Kilduff, Again Capital shares his outlook on oil as crude hits a six and a half year low. And BlackRock's Heidi Richardson explains why she thinks it's too early to jump into oil stocks.

  • EPA proposes new standards to cut methane emissions Tuesday, 18 Aug 2015 | 4:16 PM ET
    Natural gas is flared off at Apache Corp.'s Deadwood natural gas plant in Garden City, Texas.

    The proposal would cut methane emissions from the oil and gas sector by 40 to 45 percent over the next decade.

  • EPA moves to reduce methane emissions Tuesday, 18 Aug 2015 | 6:00 AM ET
    EPA moves to reduce methane emissions

    EPA to call for a 40 - 45% reduction in methane emissions from oil and gas drilling by 2025.

  • Samson to file bankruptcy mid-September Monday, 17 Aug 2015 | 10:24 AM ET
    Samson to file bankruptcy mid-September

    CNBC's Kate Kelly reports natural gas drilling company Samson Resources will file for bankruptcy in September.

  • Oil may not get the cure it needs: Analyst Monday, 17 Aug 2015 | 7:35 AM ET
    A BP employee uses ultrasound to scan a section of pipe along an oil transit pipeline at Prudhoe Bay oil field on Alaska's North Slope.

    An expected drop in crude prices to $30 to $40 a barrel might not be enough to balance global oil markets, analyst Jamie Webster says.

  • OIL DRILLERS ADD RIGS, EVEN AS PRICE DIVE ANEW- BAKER HUGHES.

  • Aug 4- Contract oil and gas driller Nabors Industries Ltd forecast a decrease in third-quarter results, saying it expected current depressed market conditions to prevail for an extended period. Revenue from Nabors' drilling operations in the United States- the company's biggest market- fell about 40 percent in the quarter ended June 30. Net loss attributable...

  • Contract oil driller Nabors posts quarterly loss Tuesday, 4 Aug 2015 | 4:32 PM ET

    Aug 4- Contract oil and gas driller Nabors Industries Ltd posted a second-quarter loss compared with a profit a year earlier, hurt by depressed drilling activity in North America due to weak oil prices. Net loss attributable to Nabors was $36.8 million, or 13 cents per share, in the quarter ended June 30, compared with a profit of $64.4 million, or 21 cents per share, a...

  • Chevron's ugly earnings put focus on oil dividends Friday, 31 Jul 2015 | 2:12 PM ET

    Chevron earnings fell well below expectations Friday, raising new questions about shareholder returns at a time when oil prices are sliding again.

  • M&A key to rebalance the energy industry: researcher Friday, 31 Jul 2015 | 2:30 AM ET
    M&A key to rebalance the energy industry: researcher

    Michele Della Vigna, head of European energy research at Goldman Sachs, discusses what to look out for in oil stocks and the impact of shale on the industry.

  • Trader: Buy this energy stock despite oil slide Tuesday, 28 Jul 2015 | 12:17 PM ET
    A Marathon gas station in Chicago.

    CNBC "Halftime Report" trader Jim Lebenthal is buying an energy stock he believes will move higher regardless of the direction of oil prices.

  • OIL DRILLERS ADD RIGS THIS WEEK DESPITE CRUDE PRICE COLLAPSE- BAKER HUGHES.

  • July 23- Hercules Offshore Inc, stung by slumping demand for drilling services in older Gulf of Mexico oilfields, said on Thursday it plans to file for creditor protection in about three weeks and emerge several months later with a restructured balance sheet. The company's balance sheet lists $266 million in current assets and $1.35 billion in current...

  • An energy play that nobody's talking about Thursday, 23 Jul 2015 | 12:38 PM ET
    Flared natural gas is burned at an Apache natural gas plant in the Permian Basin in Garden City, Texas.

    Companies are plowing billions into infrastructure projects, making long-term bets that demand for nat gas will keep growing.

  • Land driller Patterson-UTI swings to quarterly loss Thursday, 23 Jul 2015 | 6:08 AM ET

    July 23- Land rig provider Patterson-UTI Energy Inc swung to a quarterly loss as oil and gas producers cut back on drilling amid a steep drop in crude prices. The company reported a net loss of about $19 million, or 13 cents per share, in the second quarter ended June 30, compared with a profit of $54.3 million, or 37 cents per share, a year earlier. Revenue fell nearly 38...