crude

The depressed energy sector may provide one of the few value opportunities in a pricey stock market today. In a new report, Credit Suisse analyst Edward Westlake discussed the firm’s investment strategy among global majors and U.S. oil refiners. When it comes to oil majors, Westlake sees...

Although conditions have materially improved in recent months, especially in terms of liquidity, Credit Suisse’s Andre Natal believes oil prices would need to rebound to more than $80 for any meaningful upside for Petroleo Brasileiro SA Petrobras (ADR) (NYSE: PBR). Natal upgraded the rating...

Oil prices are rebounding this year, and interest rates are still near historic lows. The combination of those two scenarios is renewing investors' enthusiasm for high-yielding master limited partnerships (MLPs) and the corresponding exchange-traded funds. Getting Slick On Oil Just look at the...

Morgan Stanley has downgraded DHT Holdings Inc (NYSE: DHT) to Equal Weight from Overweight, as it is valued at discount to its current $5.5–$6/share NAV amid chaallenging near-term market outlook for crude tankers against the slow global oil production. "Crude tanker demand lags supply in...

The global collapse in oil price that started in 2014 has devastated many oil & gas companies. Casual observers know the general consensus is that OPEC is to blame for the huge crude oil supply glut that has bogged down the market. However, many may not know exactly what OPEC is and why it is...

Commenting upon the energy sector, Stifel said Seacor Holdings, Inc. (NYSE: CKH) is "making the most of a poor energy market," and the company is likely to be a consolidator in certain markets due to its significant cash balance, diversified cash flow and insulated balance sheet. Seacor, an...

Royal Dutch Shell plc (ADR) (NYSE: RDS-A) (NYSE: RDS-B) could be one of the best long-term energy value plays. According to a new note by Argus analyst Bill Selesky, the firm maintains its Buy rating and sees 13 percent upside for the high-yielding stock. “We expect Shell’s...

Crude oil futures have been one of the most volatile trading instruments in the market lately. Wild $1–2 swings during the trading day give way to even larger swings in overnight sessions. Intra-day dips and spikes have come on hard and strong, giving traders plenty of openings. Over the last...

After Monday's market close, Valero Energy Partners LP (NYSE: VLP) announced that it had acquired Meraux and Three Rivers Terminal Services Business from Valero Energy Corporation (NYSE: VLO) for $325 million. Credit Suisse’s Bhavesh Lodaya maintains an Outperform rating on Valero Energy...

Oil's price action can have predictable influences among some exchange-traded funds. For example, it is arguably of little value at this point to tell investors that Canada and Russia ETFs are highly sensitive to oil prices. Likewise, the argument in favor of consumer stocks and ETFs in a low...

Drexel Hamilton raised the price target on the shares of Cabot Oil & Gas Corporation (NYSE: COG) to $35 from $31, saying that its review of the firm's pipeline transport and sales additions indicate a strong likelihood that its Marcellus shale natural gas production could double over the next...

In a pair of new reports, analysts at Morgan Stanley and Credit Suisse take a close look at the unpredictable global oil market. WTI oil prices nearly doubled from their 2016 low of $26.05/bbl back in February to their 2016 high of $51.67 in June. However, since the June peak, prices slumped as low...

It’s now been more than two years since WTI crude oil traded above $100/bbl, but the global oil market is still far from balanced. WTI prices have rebounded significantly from multi-year lows of $26.05 back in February, but U.S. crude oil now seems to have lost the momentum that carried it as...

It’s been nearly two years since National-Oilwell Varco, Inc. (NYSE: NOV) has recorded a bullish golden cross technical formation in its chart, but the battered stock’s 50-day simple moving average (SMA) finally crossed above its 200-day SMA a little more than a month ago. It’s...

Exxon Mobil Corporation (NYSE: XOM) has been holding negotiations with Italian oil firm, Eni (ADRs trade Eni SpA (ADR) (NYSE: E)), for quite some time now to take a stake in the latter's Mozambique liquefied natural gas development. A Reuters report said that the American oil firm and Eni have...