Gas prices continue to decline across the country, following the usual post-Labor Day pattern, and travel-services organization AAA predicted they could fall by as much as 20 cents a gallon more by Halloween. "The average price at the pump typically...
By Jonathan Weber: Along with a drop in oil price, most oil and gas companies were beaten down in the last weeks. Chevron (NYSE:CVX) is down 8% from its 52 week high from two months ago. The company's fundamentals, growth prospects and...Show More Summary
All across the planet, shopping malls are being abandoned. Blame online shopping, blame the economy or blame gas prices – whatever the cause, there’s probably a dead mall near you. Naturally, the Internet has documented this phenomenon – and it’s fascinating. Show More Summary
By Richard Zeits: Wide local differentials that are significantly impacting natural gas producer economics in the Marcellus and Utica area may remain wide for an extended period of time. Those pricing points where the imbalance between supply and existing takeaway capacity is most acute will likely see improvement relatively quickly. Show More Summary
By Lior Cohen: Shares of Chesapeake Energy (NYSE: CHK) lost more than 17% in the past three months. The fall in natural gas and oil prices and the lower than anticipated earnings in the second quarter may have contributed to the drop in the company's stock. Show More Summary
For now it looks as though increased domestic oil and gas production has saved the recovery. Were it not for this impressive rise in output, the current mess in Iraq and Syria would likely have driven global oil prices up to $130-140 a barrel, a level that could easily have stalled this country's already weak economic recovery. Show More Summary
Motorists have something to look forward to this fall: the lowest gas prices in four years.
Most significant changes: New SE trim level Price change: $100 increase for LX, EX, EX-L and HF On sale: Sept. 17 for LX, EX, EX-L and HF; later in the fall for Si, Hybrid, Natural Gas and new SE Which...
Consumer prices fell in August for the first time in 16 months as lower gasoline costs helped keep inflation tame, the Labor Department said Wednesday.
By Price Point: Occidental Petroleum (NYSE:OXY), the fourth largest U.S. oil and gas company, continues on a restructuring path into a smaller, more streamlined exploration and production [E&P] company focused on the U.S. production growth. Show More Summary
By Bret Jensen: Small E&P energy stocks have been under pressure this summer on the recent decline in oil & natural gas prices. I have been writing recently on how I am slowly increasing my allocation into the E&P sector both on SeekingAlpha and Real Money Pro. Show More Summary
Falling oil and natural gas prices are weighing on Chesapeake's stock as much as anything this year.
Producer prices were flat in August, and up 0.1% excluding food and gas. Expectations were for prices to be flat month-over-month, and grow 0.1% when excluding food and energy. Year-over-year, prices were up 1.8% both including and excluding...Show More Summary
By Lior Cohen: Natural gas remained relatively unchanged on a weekly scale as the Henry Hub slightly rose by 0.3% to reach $3.86. United States Natural Gas (NYSEARCA:UNG) rose by 1%. Conversely, U.S natural gas producers such as Chesapeake Energy (NYSE:CHK) continued to fall and shed 4.8%. Show More Summary
Oil and gas stocks trended lower this week, as global crude oil prices declined on abundant supplies and indications of slower than expected demand growth. The International Energy Agency in its latest monthly report, cut its forecast for the growth in global oil demand this year. Show More Summary
By MetalMiner: By Stuart Burns In a recent post we looked at the state of the crude oil market, how demand has been weak as a result of refinery maintenance closures in Europe and lower domestic consumption in China. Even though China...Show More Summary
When temperatures plummeted across the Northeast last winter, spot natural gas prices along the Eastern Seaboard spiked to eye-popping levels causing many to call for additional pipeline capacity. However, as is often the case with energy issues, the situation is more complex than it may first appear. read more
By Aamir Chaudry: I used the following screener to find the following plays: Independent Oil & Gas PEG (click to enlarge) Forward P/E Two of the following stocks may currently trade at a fair price based on historical P/E, however they are bargains when you look at their forward P/E and future growth opportunities. Show More Summary