gas

A Friday 8-K filing by Exxon Mobil (NYSE: XOM) shows the company expects to gain $3.4 billion to $3.6 billion from the sale of its upstream Norwegian oil and gas assets, lifting its fourth-quarter earnings results. Exxon Mobil agreed to sell its Norwegian oil and gas assets...

The People’s Republic of China and the Russian Federation have been increasingly warming their ties, and the latest gas pipeline could take their relationships further. What Happened The leaders of the two countries Vladimir Putin and Xi Jinping inaugurated the $55 billion pipeline project on...

With tension mounting in the world’s top oil producing region, oil and gas stocks have trended in interest and volatility in recent months. Here’s a look at three trending energy stocks seeing increased interest. Petroleo Brasil/ADR (NYSE: PBR) Valero Energy Corporation (NYSE: VLO)...

A drop in oil production caused by a weekend drone attack on Saudi oil facilities is likely to push U.S. gasoline prices higher, industry analysts said as crude prices surged Monday. Analyst: No Major Uptick Expected  The good news for American consumers is that prices at gas pumps were fairly...

This article is from Benzinga’s Partner Content team The U.S. equities universe is a lot larger than most people realize. While there are over 6,000 stocks that trade on the NYSE and Nasdaq—the two largest U.S. exchanges—U.S. investors actually have access to over 10,000...

T. Boone Pickens, who died Wednesday at 91, shook up the corporate world in the 1980s with his hostile takeover attempts. He was also a titan of U.S. oil and gas exploration — starting out as a wildcatter — and made and lost fortunes on the markets. Pickens, who was also a force in...

Shares of Altagas Ltd (TSE: ALA) remain below its 2018 highs but is now trading at a valuation which more than accounts for any ongoing concerns, according to BMO. The Analyst BMO analyst Ben Pham upgraded AltaGas' stock rating from Market Perform to Outperform with a price target lifted from $...

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The Candian TSX-listed oil and gas company Whitecap Resources Inc (TSX: WCP) (OTC: SPGYF) announced Monday that it will take a "more cautious approach" to manage costs and improve its balance sheet. The Analyst BMO Capital Markets analyst Ray Kwan maintained an Outperform rating...

The largest refinery in the east coast suffered an explosion Friday morning, which prompted a move higher in gas future prices. What Happened Philadelphia Energy Solutions is a 1,300-acre complex with a capacity of 335,000 barrels a day, CNBC reported. At around 4:00 a.m. ET, a large explosion...

Warren Buffett's Berkshire Hathaway Inc. (NYSE: BRK-A) (NYSE: BRK-B) confirmed it invested $10 billion in Occidental Petroleum Corporation (NYSE: OXY) on condition the oil and gas giant completes its proposed acquisition of Anadarko Petroleum Corporation (NYSE: APC). What Happened A jet...

Energy stocks and exchange traded funds endured a rough week last week as oil prices pulled back, but the sector remains a credible destination for value hunters. The iShares U.S. Energy ETF (NYSE: IYE) lost 3.17 percent last week, but remains higher by nearly 10 percent year-to-date. What Happened...

Even when energy stocks and the related exchange traded fund were rallying earlier this year, some analysts and market observers said the sector was inexpensive on valuation. Following a stretch that has seen the Dow Jones U.S. Oil & Gas Index lose almost 8 percent this month, some investors...

Surging domestic supply hindered natural gas prices over the past several years, but the commodity has recently been a solid performer. Demand expectations could provide some upside for natural gas and the related exchange traded funds. The United States Natural Gas (NYSE: UNG), a futures-based...