Oil & Gas Archives - Page 7 of 12

Oil Production Outlook is Bright, Drillers Enjoy Regained Momentum

Oil Production Outlook is Bright: Drilling companies are rebounding over the last twelve months due to the improvement in oil prices and the increasing investments from exploration and production companies. The rally in drilling companies’ shares ... [Read]

Aegean Marine Petroleum Enters MoU with Mercuria Energy: Stock Up 200%

Jul 5 Caroline Harris

Aegean Marine Petroleum MoU: Looking at the trending tickers of the day, it’s difficult to ignore the Aegean Marine Petroleum stock, which is currently up nearly 200%. But why? Aegean Marine Petroleum Enters MoU with ... [Read]

Small-cap Energy Stocks Are Enjoying Higher Oil Prices

Jul 4 Siraj Sarwar

Small-cap energy stocks have been riding on positive momentum since the start of this year, primarily due to improving oil prices. The Russell 2000 Energy index generated a year-to-date growth of more than 16%, outperforming ... [Read]

Helix Energy Solutions is Enjoying Improving Dynamics in Energy Sector

Jun 28 Siraj Sarwar

Helix Energy Solutions (NYSE:HLX) shares are on momentum over the last three months, supported by improving market dynamic in the energy sector. The substantial growth in oil prices and increasing investments from offshore companies have ... [Read]

Denbury Resources Shares Up 250% in Twelve Months, Here’s Why

Jun 21 Siraj Sarwar

Denbury Resources shares are up almost 100% since the start of this year, moving the twelve-month rally to 250%. The company continues impressing investors with its growth opportunity investments and balance sheet strengthening strategies. Denbury Resources (NYSE:DNR) ... [Read]

These Two Small-Cap Oil Stocks are Shining

May 10 Siraj Sarwar

US oil producers are among the most prominent beneficiaries of higher oil prices considering their breakeven-level that is substantially higher than Middle East producers. Carrizo Oil & Gas, Inc. (NASDAQ:CRZO) shares soared sharply higher in ... [Read]

California Resources Corp. Shares Up Over 25%

May 4 Nicky Toor

Shares of the US oil and natural gas company, California Resources Corp. (NYSE:CRC), were up over 25% on Friday. The company has recently released the results for its first-quarter of 2018 which could be attributed ... [Read]

McDermott International Rejects Subsea 7

McDermott Rejects Subsea’s Hostile $2Bn Takeover Bid – Shares Leap 13.6%

Apr 23 Ed Browne

Shares in offshore engineering firm McDermott International (NYSE:MDR) have soared 14.3% after the firm rejected an aggressive $2 billion USD takeover bid from rival European firm Subsea 7 (OTC:SUBCY). The bid was timed to disrupt ... [Read]

Weatherford Losses Swell Despite General Uptrend in Demand

Apr 10 Siraj Sarwar

Weatherford International (NYSE: WFT) shares plummeted sharply in the last twelve months despite the increasing demand for the oilfield service industry. The company’s shares have been dipping on wider than expected losses and mounting debt ... [Read]

Does Denbury Resources Stock Declining Trend End?

Mar 26 Siraj Sarwar

Denbury Resources (NYSE: DNR) had struggled to impress investors in the last couple of years, amid the outcome of volatile oil prices on its cash generation and production potential. DNR shares plummeted more than 70% ... [Read]