gas

Plug Power Inc. (NASDAQ: PLUG) has received a significant order for proton exchange membrane (PEM) electrolyzers, marking a major development in the European oil and gas sector. As a leading provider of hydrogen solutions for the green hydrogen economy, Plug Power will deploy 100 megawatts (MW) of...

Goldman Sachs Group cut its oil price forecast for the third time in six months, a tangible concern for oil investors. Brent crude fell 2.5% Monday to hover around $72 a barrel, while WTI crude slipped more than 3% to $68 per barrel. Despite Goldman's forecast, bullish signs are on the horizon....

BP plc (NYSE: BP) subsidiary, BP Products North America Inc., has been charged a “record-setting” penalty of $40 million by the U.S. Justice Department for hazardous air emissions at its Indiana-based Whiting oil refinery. The regulatory body indicted BP Products North...

Enterprise Products Partners LP (NYSE: EPD) reported first-quarter 2023 revenues of $12.4 billion, missing the consensus of $14.1 billion. EPS of $0.63 beat the consensus estimate of $0.62. Gross operating margin remained broadly flat year-over-year at $2.3 billion in the first...

Shares of ConocoPhillips (NYSE: COP) opened Monday’s trading on a negative note, just days after its analyst and investor meeting, where it presented its 10-year outlook. Although the company’s outlook seems “compelling,” its cash generation is backend loaded from between...

Exxon Mobil Corporation (NYSE: XOM), the biggest U.S. oil company with more than $400 billion of market capitalization, has witnessed an unfavorable price action recently, struggling up and down the important 200-day moving average (DMA) at about $102 per share. Exxon Mobil shares fell...

Direxion Energy Bear 2X Shares (NYSE: ERY) opened slightly lower on Tuesday, in contrast to stock futures, which were flat. Occidental Petroleum Corporation (NYSE: OXY) printed a fourth-quarter earnings miss on Monday after the market close but on Tuesday, the stock was trading higher. If...

The 2020 presidential election featured President Donald Trump running against Joe Biden. At that time, investors and analysts pointed to several sectors that could benefit from each respective president winning the election. One sector that wasn’t seen as a likely benefactor of a Biden...

Due to the Russia-Ukraine war, Europe was witnessing surging electricity prices, making some electric vehicles more expensive than combustion engines. In some cases, the cost difference between driving both types of cars 100 miles had become negligible. According to economists, a higher price...

Camber Energy, Inc (ARCA: CEI) plunged more than 30% to reach a new split-adjusted, all-time low on Thursday after enacting the 1-for-50 reverse stock split on Wednesday. When the company announced it had bumped up the date of its reverse split on Monday, Camber Energy surged almost 150% at...

Camber Energy Inc (ARCA: CEI) was skyrocketing more than 100% at one point on Monday after announcing it bumped up the date of its 1-for-50 reverse split to Wednesday, Dec. 21. After the reverse stock split takes place, Camber Energy’s common stock will be reduced from 1 billion...

Yacktman Asset Management founder Donald Yacktman was named Morningstar’s “Portfolio Manager of The Year” in 1991 and was awarded the “Portfolio Manager of the Year” by Mutual Fund Letter in 1994. In the third quarter of 2022, Yacktman initiated a new...

A few months ago, gas prices hit record highs as inflation looked unstoppable. But since then, gas prices have fallen significantly and are now back down to what they were one year ago.  Well, almost. What Happened: According to AAA, the average price today for a gallon of regular...

The Direxion Daily S&P Oil & Gas Exp & Prod Bear 2X Shares (NYSE: DRIP) was surging Monday after the Group of Seven (G7) nations and the European Union agreed to put a price cap of $60-per-barrel on Russian crude oil. The news could have been bullish for North America-based...

The yearly base pay of Exxon Mobil Corp (NYSE: XOM) CEO Darren Woods and CFO Kathryn Mikells will be increased, the company announced Monday. According to the company's filing, Woods' yearly salary will be $1.88 million, up from $1.7 million this year. Mikellis will earn $1.22 million in...