Permian Basin

3 Stocks Wall Street Hasn't Heard of Yet

Investors haven't been paying enough attention to Franco Nevada, National Beverage, or Codexis.<p>For one reason or another, many stocks seem to fly …

Stocks

Cramer's guide to investing in the stock market's winning sectors

CNBC's Jim Cramer firmly believes that this kind of bull market — the kind where the averages rally to all-time highs amid a government shutdown — …

Stocks

Plains All American to proceed with Cactus II pipeline

Plains All American Pipeline (NYSE:PAA) says it received sufficient binding commitments on its initial open season and will proceed with construction …

Business

Tuesday's small-cap stocks to watch

<i>Our roundup of Canadian small-caps of between $100-million and $2.5-billion in market capitalization making news and on the move today.</i><p><b>Atlantic Power Corp.</b> (AT-N; ATP-T) announced a $70-million (Canadian) offering of convertible unsecured subordinated debentures.<p>Atlantic Power says it plans to use …

Stocks

Don't Miss This Chance to Buy: Cramer's 'Mad Money' Recap (Monday 1/22/18)

Finding bargains in this beast of a bull market can be tricky, Jim Cramer told his <i>Mad Money</i> viewers Monday. Many times, the opportunities come and go …

Stocks

Permian Basin Shale Oil Pure Play Stocks - Weekly Report 01/19/18

Our Permian Basin Shale Oil Pure Play Universe average stock price was down 2.13% for the week, up 3.93% for the past four weeks, up 3.53% YTD, and …

Oil

Back to the Basics -- Evolution of the Midstream Sector

Midstream Master Limited Partnerships (MLPs) were created as tax efficient entities to own and operate energy infrastructure assets and distribute most of their cash flow to their general and limited partners. Early MLPs in the 1980s were run conservatively, minimizing capital expenditures to …

Stocks

Why I'm Glad I Bought Kinder Morgan

Following up on my decision to buy into Kinder Morgan, Inc. in December 2017.<p>Solid earnings report, DCF better than expected as its expansion capex …

Stocks

T. Boone Pickens, a Texas-Size Businessman, Calls It Quits

Late last year, T. Boone Pickens was back at it, drilling for oil.<p>On his 65,000-acre ranch in the Texas Panhandle, an expanse full of wildflowers and rolling hills, Mr. Pickens, 89, had erected a $6 million rig and started pumping fracking fluid into the earth.<p>Decades past his heyday as a self-made …

Business

America First: The Country Is About to Become the Leader in Global Oil Production

Rapidly rising shale production has not only reversed decades of decline but positions the country to become the top oil producer this year.<p>In 1967, …

Oil

Bigger wells, but more water

GONZALES COUNTY — Shale wells are swallowing twice as much water as they did a few years ago — around 10 million gallons each, or about 15 …

Oil

Market report: Oil slips off multi-year highs as IEA predicts 'explosive' US shale growth in 2018

Crude slipped further from multi-year highs yesterday on fears that rallying prices have left the door open to “explosive” production growth in the US shale industry flooding the market with oil once again.<p>While declining production in stricken major producer Venezuela is helping to rebalance the …

Oil

Rig Count Declines as Oil Prices Extend Losses on IEA Growth Forecast

Oil prices extended their losses even though U.S. oil and gas producers took three drilling rigs offline this past week, Baker Hughes (BHGE) said on …

Oil

Barring Major Reforms, Venezuela's Oil Industry Is Finished

The Wall Street Journal reported this week that Venezuela’s oil output in December fell by 11%, to 1.62 million barrels per day (BPD). That capped a decline of 29% in 2017 and an overall decline of 53% since the late Hugo Chávez was first elected president in 1998.<p>To put this in perspective, the …

Oil

8 More Stocks That May Surge On 2018 Takeovers: Goldman Sachs | Investopedia

Corporate takeover activity is likely to heat up in 2018, according to Deloitte. The Big Four public accounting and consulting firm received …

Oil & Gas Industry

High street suffers worst Christmas sales growth in five years as shoppers tighten their belts

• British high street suffers its worst Christmas sales growth in five years as shoppers tighten their belts in the face of rising inflation<br>• Annual retail sales growth last year was at its lowest since 2013<br>• Monthly sales growth tumbled 1.5pc as shoppers bring forward purchases for Black Friday<br>• Shares in …

Business

Oil And Natural Gas - Breaking The Cycle

For generations, the production of oil and natural gas has been controlled by nations that have been unfriendly, if not downright hostile, to the …

Oil

Diamondback Energy: An Even Better Stock For Oil Bulls

Diamondback Energy is a Permian Basin focused oil producer and one of the lowest-cost operators in the industry.<p>Diamondback Energy is a rare oil …

Oil

EIA's U.S. Production Growth Forecast Revised Higher, But Still Too Conservative

The EIA's new STEO model is predicting U.S. crude oil production growth to slow down in 2018 and then again in 2019.<p>We believe that the forecast is …

Oil

Wisconsin fracking sand producers see competition from Texas

Some energy producers are still willing to pay more for Wisconsin's high-quality fracking sand despite increasing competition from Texas …

Business

Prospect of shale wave looms over resurgent oil prices

While oil prices continue their claw back this month, there is concern in the industry that as the market rebounds, some producers in the U.S. will …

Oil

Will Higher Oil Prices Cause Surge In Completions Of Drilled But Uncompleted Wells?

Drilled But Uncompleted (DUC) wells end 2017 at 7,493, up 37.4% versus ending 2016 and up 2.1% (156 wells) from November levels.<p>Crude oil prices have …

Oil

Developing Alternative Energy Sources Brings Familiar Challenges

The energy challenge has crept up on us. It's taken some 150 years for the fossil fuel industry to grow to the size it is today. This slow evolution …

Stock Markets

EIA expects total U.S. fossil fuel production to reach record levels in 2018 and 2019

(Thu, 18 Jan 2018) In its January 2018 <em>Short-Term Energy Outlook</em> (STEO), EIA forecasts that total fossil fuels production in the United …

Oil

Crude futures pares losses post inventory data

EIA Petroleum Inventories: Crude <b>-6.9M</b> barrels vs. -3.5M consensus, -4.9M last week.<p>Gasoline <b>+3.6M</b> barrels vs. +3.4M consensus, +4.1M last …

Business

How a Nafta Breakdown Could Blow Back Into Shale Patch

Long before the Trump Administration called for "energy dominance", the pre-election Trump campaign derided the North American Free Trade Agreement. …

Oil

As API changes leaders, it must change leadership

With Jack Gerard stepping down as head of the American oil and gas industry’s most powerful trade association, industry has an important opportunity …

Climate

Phillips 66 - Downstream Strength And Shareholder Rewards

Phillips 66 has performed decently since the start of the crash but nowhere near as impressively as the S&P 500.<p>The company is a free cash flow giant …

Stocks

U.S. oil industry set to break record, upend global trade

HOUSTON (Reuters) - Surging shale production is poised to push U.S. oil output to more than 10 million barrels per day - toppling a record set in 1970 and crossing a threshold few could have imagined even a decade ago.<p>And this new record, expected within days, likely won't last long. The U.S. …

Oil

Do oil companies want to drill in Arctic National Wildlife Refuge?

Congress, in approving a sweeping tax overhaul, opened the Arctic National Wildlife Refuge to oil and gas drilling, betting that energy companies …

Oil