On an overall down day for energy stocks, Chesapeake Energy Corp.’s share price jumped Wednesday on speculation that BP plc could be making another deal to buy more of the natural gas producer’s assets — or perhaps the entire company.
Stocks
Articles from Stocks
Lehman Raises Price Forecast, Outlook for Energy Sector
Lehman Brothers on Thursday boosted its outlook on the oil and gas sector, raised its forecast for several individual energy stocks and increased its price predictions for both oil and gas through 2005.
Lehman Raises Price Forecast, Outlook for Energy Sector
Lehman Brothers on Thursday boosted its outlook on the oil and gas sector, raised its forecast for several individual energy stocks and increased its price predictions for both oil and gas through 2005.
RBC: Oil Service Sector Rally Expected to Continue in 2004
The oil service sector ended the year on a strong note, with stocks gaining more than 10% in December, and the rally is expected to continue “along a bumpy path” for the first half of 2004, according to a new report by RBC Capital Markets analysts.
RBC: Oil Service Sector Rally Expected to Continue in 2004
The oil service sector ended the year on a strong note, with stocks gaining more than 10% in December, and the rally is expected to continue “along a bumpy path” for the first half of 2004, according to a new report by RBC Capital Markets analysts.
Storage Data Fail to Impress Bulls; Futures Shift Lower Ahead of Long Weekend
Unfazed by storage data showing stocks decreased by 1 Bcf during the week ending Nov. 21, the natural gas futures market shifted lower Wednesday, as a local trader-led rally was crushed by another round of bearish weather forecasts. The January contract stair-stepped lower in two distinct selling surges. When the dust had settled and the orders were counted at Nymex, the prompt month had slipped 12.5 cents to close at $4.925 on its first day in the limelight.
EIA: Warm Weather, Bulging Stocks Put Downward Pressure on Gas Prices
The Energy Information Administration (EIA) last week in its Short-Term Energy Outlook for November used the word “robust” for the first time this year to describe the amount of natural gas in storage to meet customer demand. The unseasonably warm weather at the start of the winter heating season, reduced industrial demand, and historically high injections throughout the year are credited for the bulging inventory.
Top E&P Stocks Show Stronger Than Average Operating Results
Reserve replacement and low finding and development costs are the key predictors in determining how an exploration and production company will do in the stock market these days, according to Southwest Securities.
EIA: Warm Weather, Bulging Stocks Put Downward Pressure on Gas Prices
The Energy Information Administration (EIA) in its Short-Term Energy Outlook for November used the word “robust” for the first time this year to describe the amount of natural gas in storage to meet customer demand. The unseasonably warm weather at the start of the winter heating season, reduced industrial demand, and historically high injections throughout the year are credited for the bulging inventory.
Top E&P Stocks Show Stronger Than Average Operating Results
Reserve replacement and low finding and development costs are the key predictors in determining how an exploration and production company will do in the stock market these days, according to Southwest Securities.