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ConocoPhillips Tumbles Following Poor Q4 Print
Thursday, February 4, 2016 - 9:49am | 338Read More...Shares of ConocoPhillips (NYSE: COP) were trading lower by more than 5 percent early Thursday morning after the company reported its fourth-quarter results. ConocoPhillips said that it lost $0.90 per share in the fourth quarter on revenue of $6.77 billion. Wall Street analysts were expecting the...
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Oilfield Supply Owner: 'If Anybody Says They Are Making Money In The Oilfield, They Are Lying'
Wednesday, January 20, 2016 - 3:03pm | 151Read More...Oil prices have solidified their position below $30 per barrel, marking what could prove to be an "endgame" event for many shale producers. According to a report by Reuters, many U.S. independent oil producers need oil to trade at $40 to $60 a barrel to break event. The report added...
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WPX Energy Crashed 25%
Wednesday, January 20, 2016 - 1:05pm | 258Read More...Shares of WPX Energy Inc (NYSE: WPX), a natural gas and oil exploration and production company, hit a new 52-week low of $2.53 after the company disclosed it has added more hedges to protect its cash flows. Shares of WPX Energy were halted for trading three times and were trading lower by more...
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Analyst: Watch The Cash Transfer From Big Oil To Big Airlines
Friday, March 20, 2015 - 11:19am | 488Read More...In a report published Friday, Wolfe Research analyst Hunter Keay suggested that after nearly a decade of airlines funding the oil industry, it appears the reverse could happen in 2015. Keya noted that U.S. airlines under his coverage are expected to return $9.9 billion to shareholders through...
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Oil Tumbles Following OPEC's Thursday Decision, Equities Little Changed During Friday's Shortened Session
Friday, November 28, 2014 - 3:09pm | 699Read More...While equities market were closed on Thursday in observance of Thanksgiving, OPEC nations gathered and jointly decided to maintain current output levels despite the slide in oil prices. Virtually every oil-related company, as well as many large solar companies, saw declines in share price on...
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Legal Double Standard: Oil Companies Get Indicted for Bird Deaths While WInd Companies Get a Pass
Thursday, September 29, 2011 - 8:22pm | 530Read More...Eagle killed by wind turbine, one of 1,200 daily wind-related bird fatalities: The graphic video above shows a magnificent eagle getting killed by a wind turbine. According to a 2009 estimate from the U.S. Fish and Wildlife Service (reported on the American Bird Conservancy website here), those...
