oil and gas

Goldman Sachs analyst Neil Mehta upgraded Valero Energy Corp (NYSE:VLO) from Neutral to Buy rating with a price forecast of $154. The analyst believes current consensus expectations better reflect concerns about oil product demand and tighter crude differentials. The analyst estimates EPS to grow...

Oil and gas midstream firm Oneok (NYSE:OKE) released earnings on Wednesday and the response was mixed. Shares have now dropped to near multi-year lows. A long base could be in store for this stock before it holds structure and breaks upwards again. That leads me to consider a leap call butterfly...

Shell PLC (NYSE:SHEL) shares fell marginally Wednesday amid an 11.5% slide in April. The company is navigating geopolitical and regulatory challenges as global energy flows and U.S. policy shifts have reshaped the sector in recent weeks. What To Know: In China, once a growing destination for U.S....

Northern Oil and Gas Inc (NYSE:NOG) shares are rising in extended trading Wednesday after the company provided an update on first-quarter hedging results and shareholder returns. What Happened: Northern Oil and Gas reported estimated unrealized mark-to-market gains on derivatives of $9 million to $...

BP PLC (NYSE:BP) shares are down Friday after the company updated first-quarter guidance. The company expects upstream production to decline compared to the previous quarter, with slightly higher production in oil production and operations and less in gas and low-carbon energy. In the gas...

Oil and gas stocks such as APA Corporation (NASDAQ:APA), BP PLC (NYSE:BP) and Exxon Mobil Inc. (NYSE:XOM) are trading higher Wednesday after President Donald Trump announced a 90-day pause on reciprocal tariffs for countries that have not retaliated against U.S. trade measures. What To Know: The...

Matador Resources Co (NYSE:MTDR) shares are trading lower on Friday after the company disclosed the sale of its remaining Eagle Ford shale assets in South Texas. The assets were sold through a series of transactions in the Eagle Ford shale located in La Salle, Karnes and Atascosa Counties in South...

President Donald Trump centered his 2024 election campaign on bringing down prices after a prolonged period of inflation. In particular, Trump called for greater domestic drilling, even as the Biden Administration accelerated domestic energy independence. Now that Trump is in office, energy...

U.S. Secretary of the Interior Doug Burgum announced on Thursday that restrictions on oil and gas leasing and infrastructure development in Alaska will be lifted. The move reverses policies set under the previous administration, opening more land for exploration and clearing regulatory hurdles for...

The U.S. shale sector is capable of ramping up oil production even if prices fall to $50 per barrel, according to U.S. Energy Secretary, Chris Wright.  What Happened: Wright, formerly the CEO of Liberty Energy (NYSE:LBRT), is optimistic about the sector’s potential to...

The energy sector is facing heightened investor scrutiny as recent developments have added uncertainty to oil markets. A combination of rising U.S. crude inventories, geopolitical tensions and trade concerns has triggered volatility in oil prices, leading to mixed reactions across energy-related...

The shares of Valero Energy Corporation (NYSE:VLO) and Marathon Petroleum Corp (NYSE:MPC) have been crushed over the past month. Both have dropped nearly 20%. This is due to the sell-off in oil. But they may be about to reverse and rally. This is why they are our Stocks of the Day....

Diamondback Energy Inc. (NASDAQ:FANG) and Viper Energy Inc. (NASDAQ:VNOM) are heading into fourth-quarter earnings under heavy bearish pressure, but their technical setups reveal contrasting signals for investors. FANG Stock Stuck In Reverse Diamondback Energy stock has slumped 12.09% over the past...

JPMorgan analyst Jeremy Tonet sees a major opportunity in Venture Global LNG (NASDAQ:VG), initiating coverage with an Overweight rating and a price target of $25—implying a 56.6% upside. VG stock closed at $15.96 on Friday, up 4.38%. However, it is down 36% from its IPO price of $25 (as it began...

Oil and gas giant BP Plc (NYSE:BP) is reducing its workforce by 4,700 positions, which accounts for 5% of its employees, and eliminating more than 3,000 contractor jobs. The oil giant aims to streamline its operations and reduce costs as part of an ongoing initiative to cut $2 billion by the end of...