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4 Energy Stocks Canaccord Loves
Thursday, May 12, 2016 - 2:15pm | 369To say that the energy sector has made for some tricky trading in the past couple of years would be quite an understatement, but Canaccord analysts have found four energy stocks that they love: Earthstone Energy Inc (NYSE: ESTE), Abraxas Petroleum Corp. (NASDAQ: AXAS), Canadian Solar Inc. (NASDAQ:...
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How Are Oil Companies Coping With Slump In Crude? WPX CEO Explains
Monday, March 23, 2015 - 1:58pm | 414The recent decline in oil prices is severely affecting oil exploration and production firms. Shares of WPX Energy Inc (NYSE: WPX), which has major oil positions in Williston Basin in North Dakota and the San Juan Basin in the Southwest, have declined by more than 50 percent in the last six months...
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Oil Prices Jump 8% As U.S. Active Rig Count Plummets
Monday, February 2, 2015 - 5:21pm | 407The price of WTI crude oil spiked more than 8 percent to around $48 per barrel on Friday, when Baker Hughes Incorporated (NYSE: BHI) released its weekly U.S. rotary drill rig numbers. An acceleration of falling rig counts could be an indication that the oil and gas industry is now moving more...