Diamondback Energy, Inc. (FANG) Diamondback Energy, Inc., an independent oil and natural gas company, focuses on the acquisition, development, exploration, and exploitation of unconventional and onshore oil and natural gas reserves in the Permian Basin in West Texas. Delek US Holdings, Inc. (DK) Delek US Holdings, Inc. engages in the integrated downstream energy business in […]
Read MoreTsakos Energy Navigation Limited (TNP) Tsakos Energy Navigation Limited provides seaborne crude oil and petroleum product transportation services worldwide. The company offers marine transportation services for national, major, and other independent oil companies and refiners under long, medium, and short-term charters. Quest Resource Holding Corporation (QRHC) Quest Resource Holding Corporation, together with its subsidiaries, provides […]
Read MoreDevon Energy Corporation (DVN) Devon Energy Corporation, an independent energy company, primarily engages in the exploration, development, and production of oil, natural gas, and natural gas liquids in the United States. It operates approximately 5,134 gross wells. PG&E Corporation (PCG) PG&E Corporation, through its subsidiary, Pacific Gas and Electric Company, engages in the sale and […]
Read More(Bloomberg) — In a dusty corner of Oklahoma, close to where Erle Halliburton founded his eponymous oil services empire 103 years ago, a group of workers shows why US oil production growth has been underwhelming in spite of a price boom. This particular Halliburton Co. crew is busy cannibalizing older frack pumps — the powerful, […]
Read MoreVista Energy, S.A.B. de C.V. (VIST) Vista Energy, S.A.B. de C.V., through its subsidiaries, engages in the exploration and production of oil and gas in Latin America. The company’s principal assets are located in Vaca Muerta with approximately 183, 100 acres. It also owns producing assets in Argentina and Mexico. Cytokinetics, Incorporated (CYTK) Cytokinetics, Incorporated, […]
Read More(Bloomberg) — Money managers rolled back bets against the biggest exchange-traded fund focused on oil-company stocks, signaling speculation that the price of crude is at least temporarily bottoming out after sliding sharply since last month. Short sellers piled on to the $33 billion Energy Select Sector SPDR Fund (ticker XLE), the biggest ETF focused on […]
Read More(Bloomberg) — Oil slid as investors assessed signs of lackluster US gasoline demand. West Texas Intermediate fell near $97 a barrel, while the dollar erased an earlier loss, making commodities priced in the currency less attractive. A US report showed gasoline inventories rose more than expected last week, while a four-week average indicated high prices […]
Read MoreRing Energy, Inc., an exploration and production company, engages in the acquisition, exploration, development, and production of oil and natural gas in Texas and New Mexico. REI $4.6900 0.1100 % 2.4000 Ring Energy Inc Sector : Oils-Energy Industry : Signal Short Term Trend Long Term Trend BUY UP UP Day: 2.4% Wk: 10.09% Mo: -5.25% […]
Read MoreAlkermes plc (ALKS) Alkermes plc, a biopharmaceutical company, researches, develops, and commercializes pharmaceutical products to address unmet medical needs of patients in various therapeutic areas in the United States, Ireland, and internationally. Rattler Midstream LP (RTLR) Rattler Midstream LP owns, operates, develops, and acquires midstream and energy-related infrastructure assets in the Midland and Delaware Basins […]
Read More(Bloomberg) — Oil dropped by more than $5 a barrel in a matter of minutes after a report that the Biden administration is considering releasing about 1 million barrels a day from its strategic reserves for several months. The overall release could be as much as 180 million barrels, according to people familiar with the […]
Read More(Bloomberg) — Fueled by its leverage to rising oil prices and a big boost from the world’s top investor, Occidental Petroleum Corp. doubled this quarter and is the best performer in the S&P 500. It is quite a turnaround for the oil explorer, which has struggled for years. The shares soared 101% over the last […]
Read MoreClick the symbol for the chart and signal Transportadora de Gas del Sur S.A. (TGS) Transportadora de Gas del Sur S.A. provides natural gas transportation and distribution services in Argentina. The company operates through four segments: Natural Gas Transportation Services; Liquids Production and Commercialization; Other Services; and Telecommunications. MPLX LP (MPLX) MPLX LP owns and […]
Read More(Bloomberg) — Shale giants EOG Resources Inc. and Devon Energy Corp. are sitting on thousands of federal drilling permits, many of which could be used to produce oil from the prolific Permian basin as a U.S. ban on Russian oil increases demand for other crude. EOG and Devon hold more permits than other company, according […]
Read More(Bloomberg) — Oil soared in Asia — jumping as much as 18% early in the session — after reports that the U.S. was discussing a ban on Russian crude imports sent shock waves through an already-reeling market. Brent quickly pared around half those gains to trade near $130 a barrel, a level that’s still exacerbating […]
Read More(Bloomberg) — The world’s biggest independent oil trader said crude prices, already up more than 10% this year, could rise even further because of tight supplies. “These prices are justified,” Mike Muller, head of Asia for Vitol Group, said Sunday. “Strong backwardation is very much justified,” he said, referring to a bullish pattern whereby near-term […]
Read More