Marcellus Shale

Dennis Gartman, editor and publisher of "The Gartman Letter," is known for shifting his stance on oil from bull to bear given the highly volatile and constantly changing factors that determine the price of oil. For instance, Gartman's 2016 call that oil won't trade above $44 per barrel in his...

Drexel Hamilton raised the price target on the shares of Cabot Oil & Gas Corporation (NYSE: COG) to $35 from $31, saying that its review of the firm's pipeline transport and sales additions indicate a strong likelihood that its Marcellus shale natural gas production could double over the next...

Arun Jayaram of JPMorgan initiated coverage of eight Appalachian-focused E&P companies with a "cautious outlook." Jayaram noted consensus estimates on the group are too high, despite the group enjoying a "competitive resource advantage." Nevertheless, the analyst named EQT Corporation (NYSE:...

U.S. stocks rose, lifting the Dow to new historical all-time highs of 17,153.80 following a better than expected rise in orders of durable goods. Consumer confidence improved in August, helping market sentiments while investors and traders placed less emphasis on a report that home prices are...

U.S. stocks declined as investors demonstrated concerns over recent escalations of violence in Iraq. Crude oil rose as a wave of violence has seen Mosul and Tikrit (two cities key to Iraq's oil industry) fall to insurgent forces. The Senate confirmed former Bank of Israel government...

In a study designed to determine the degree to which chemicals used in hydraulic fracturing for natural gas contaminate drinking water, preliminary results are encouraging for the gas and oil industry for a change. In short, Energy Department researchers have found “nothing of concern,” in a...