Weatherford International plc, an energy services company, provides equipment and services for the drilling, evaluation, completion, production, and intervention of oil. WFRD $64.8700 2.3200 % 3.7100 Weatherford International Plc Sector : Oils-Energy Industry : Oil – Field Services Signal Short Term Trend Long Term Trend BUY UP UP Day: 3.71% Wk: -1.26% Mo: 13.59% Yrly: […]
Read MoreMarket conditions are Bullish in a Bear Market as of 2023-01-31. This means traders and investors should consider trading with a Neutral or Bullish bias by buying stocks and setting tight stops. The rank of the Bear Market is -10.00 which indicates the current market conditions are Extreme, Risk of a reversal is high. The […]
Read MoreRPC, Inc., through its subsidiaries, provides a range of oilfield services and equipment for the oil and gas companies involved in the exploration, production, and development of oil and gas properties. The company operates through Technical Services and Support Services segments. RES $9.2000 0.3300 % 3.7200 RPC Inc Sector : Oils-Energy Industry : Oil – […]
Read More(Bloomberg) — Oil took over from natural gas as the leading fuel for power plants in New England, a significant switch that signals how the grid is desperately trying to keep the lights on in the face of a winter massive storm. The six-state grid relied on oil for at least a third of its […]
Read MoreMarket conditions are Bearish in a Bear Market as of 2022-12-21. This means traders and investors should consider trading with a Bearish bias by shorting stocks, buying inverse-ETF’s or buying put options. The rank of the Bear Market is -13.33 which indicates the current market conditions are Extreme, Risk of a reversal is high. The […]
Read MoreMarket conditions are Bearish in a Bear Market as of 2022-12-20. This means traders and investors should consider trading with a Bearish bias by shorting stocks, buying inverse-ETF’s or buying put options. The rank of the Bear Market is -13.40 which indicates the current market conditions are Extreme, Risk of a reversal is high. The […]
Read MoreNine Energy Service, Inc. (NINE) Nine Energy Service, Inc. operates as an onshore completion services provider that targets unconventional oil and gas resource development across North American basins and internationally. EnLink Midstream, LLC (ENLC) EnLink Midstream, LLC provides midstream energy services in the United States. It operates through Permian, Louisiana, Oklahoma, North Texas, and Corporate […]
Read MoreMarket conditions are Mildly bearish in a Bear Market as of 2022-11-29. This means traders and investors should consider trading with a bearish bias by raising stop levels on winners and selling losers. The rank of the Bear Market is -16.49 which indicates the current market conditions are Extreme, Risk of a reversal is high. […]
Read MoreOccidental Petroleum Corporation, together with its subsidiaries, engages in the acquisition, exploration, and development of oil and gas properties in the United States, the Middle East, Africa, and Latin America. It operates through three segments: Oil and Gas, Chemical, and Midstream and Marketing. OXY $73.2700 1.1100 % 1.5400 Occidental Petroleum Corp Sector : Oils-Energy Industry […]
Read More(Bloomberg) — Oil fluctuated after top exporter Saudi Arabia signaled confidence in demand with a bigger-than-expected price increase of its crude for Asia. West Texas Intermediate switched between gains and losses after earlier topping $120 a barrel to trade near a three-month high. Saudi Arabia boosted its official selling prices for Asian customers in July […]
Read More(Bloomberg) — Oil’s rally fizzled following a report that OPEC members are exploring the idea of exempting Russia from its oil-production deal, which could open the door for other producers to pump more oil. West Texas Intermediate futures in New York shed nearly all of its gains to settle under $115 after earlier rising almost […]
Read MoreThis company engages in the exploration and production of oil and gas properties in Colombia and Ecuador. As of December 31, 2021, it had total proved undeveloped reserves of 24.8 million barrels of oil equivalent in Colombia. The company was incorporated in 2003 and is headquartered in Calgary, Canada. GTE $1.7200 0.1300 % 8.1800 Gran […]
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 More(Bloomberg) — Senators Sheldon Whitehouse and Elizabeth Warren say they’re working on a proposed new tax targeting profits being reaped by oil companies as crude prices spike amid geopolitical tensions. “Big Oil’s first priority is to maximize profits,” Warren, a Massachusetts Democrat, tweeted on Wednesday. “We can’t let them use Putin’s invasion as an excuse […]
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