Every oil company—from super-rich Aramco (SE:2222) in Saudi Arabia to tiny fracking firms in Oklahoma—has been hit hard this year by lower oil prices. In the U.S., as...
Oil prices, particularly WTI, continue to show extreme volatility. On Tuesday, Apr. 28 WTI plunged by 20% as the June contract experienced a major sell off. Then on Wednesday, WTI...
Equinor ASA (NYSE:EQNR) recently announced its downward revision of 2020 capital budget in the wake of a weak crude pricing scenario. So the company aims to prune capital...
Equinor ASA (NYSE:EQNR) -operated Johan Sverdrup oil field in Norway, which came online ahead of schedule in October 2019, is expected to see growth in oil production during April...
BP plc (NYSE:BP) recently announced a plan of reducing net carbon emissions to zero by 2050 or sooner. The move, which complies with the Paris Agreement climate goals, marks a...
Helmerich & Payne Inc. (NYSE:HP) recently released first-quarter fiscal 2020 results wherein it delivered a comprehensive earnings beat on the back of higher offshore rig...
Phillips 66 (NYSE:PSX) posted fourth-quarter 2019 adjusted earnings per share of $1.54, beating the Zacks Consensus Estimate of $1.53, courtesy of contributions from chemical...
FuelCell Energy, Inc. (NASDAQ:FCEL) incurred fourth-quarter fiscal 2019 operating loss of 12 cents per share, wider than the Zacks Consensus Estimate of a loss of 7...
Encana Corporation (NYSE:ECA) recently announced that 90% of its shareholders have voted in favour of the reorganization resolution wherein it intends to redomicile in the United...
Equinor ASA (NYSE:EQNR) recently won 23 licenses for production in new prospects of the Norwegian Continental Shelf (NCS). The awards were conferred by the country’s...
Crude $88/ Brent $94 - 12% down in a week. If price stays at these levels or lower we will soon have a selloff imo.
0
Very good spot for a short here at 364
1
What a ride! But now at +285% since March 2020 I think it is time to sell. Oil price may go up a few more bucks, but better safe than sorry. It has been a super cycle👍🏼
8
Still a big buy?
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Time to buy big before explosion upwards
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Q3 report better than expected.
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but it is falling
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They are very exposed to natural gas prices. Weird its not rising!
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Maybe oil and gas are not so attractive at he moment ? Everything must be so green .
2
On its way to 600
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160 was a big barrier, with oil and gas going well these days it should make big volumes and achieve 169 by next week