As the United Kingdom fought for its survival during World Way II, a team of American oil drillers, derrickmen, roustabouts and motormen...
AUTHOR: Range Resources Vice President of Drilling, Don Robinson as reported in the Journal of Petroleum Technology, August 2018. In early 2018, with...
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Kimbell Royalty Partners, LP reported Q2 EPS after closing the Haymaker acquisition in July.
There is no denying that the oil & gas industry has struggled in recent years with varying opinions on the effects of...
U.S. oil producer Apache Corp is putting its West Texas pipeline assets into a joint venture with investment firm Kayne Anderson that...
OKLAHOMA CITY, Aug. 7, 2018 /PRNewswire/ –/PRNewswire/ Continental Resources, Inc. today announced second quarter operating and financial results. The Company reported net income of $242.5 million,...
The data here is provided courtesy of Oseberg, a next-generation oil & gas information and data analytics company that offers a compelling new...
OKLAHOMA CITY, Aug. 6, 2018 /PRNewswire/ — Continental Resources, Inc. (NYSE: CLR) (The “Company”) today announced that Franco-Nevada (NYSE & TSX: FNV) has agreed to pay...
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U.S. stocks completed a momentous trading session on Wednesday, with investor optimism over Donald Trump's presidential election victory fueling the most significant post-election jump in the Dow Jones Industrial Average in over 100 years.
Wednesday's advance in all three major U.S. stock indexes came despite a spike in Treasury yields, led by a 15.3-basis-point rise in the 30-year rate.
Based on preliminary data, the Dow Jones Industrial Average closed up 1508.05 points, or 3.6%, at a new record close of 43,729.93.
The S&P 500 closed up by 146.28 points, or 2.5%, at 5,929.04.
The Nasdaq Composite ended up by 544.29 points, or almost 3%, at 18,983.47.
The small-cap Russell 2000 Index finished up by roughly 129 points, or 5.7%, at around 2,390 for its largest one-day point gain on record.
At Janus Henderson Investors, Marc Pinto, head of Americas equities, and Lucas Klein, head of EMEA and Asia Pacific equities, said the surprisingly straightforward U.S. election results may provide additional fuel for U.S. stocks through year-end. However, they said, it remains to be seen how policy will impact future earnings—the real driver of long-term returns.
The stocks of renewable-energy companies led S&P 500 decliners early Wednesday, after former President Donald Trump won a sweeping victory in the U.S. presidential election.
Trump, who has denied that the climate is changing as a result of burning fossil fuels, is expected to upend green policies implemented by the current administration, which include solar tax credits and incentives that were part of incumbent President Joe Biden’s Inflation Reduction Act.
“The renewables sector might face downward pressure if Trump prioritizes fossil fuels over green energy and scales back clean energy incentives or environmental regulations,” said Daniela Sabin Hathorn, senior market analyst at Capital.com, in emailed comments.
By Jonathan Saul | LONDON (Reuters) – At least 65 oil tankers have dropped...
Thomas Baker “Tom” Slick Sr., born on October 12, 1883, in Shippenville, Pennsylvania, emerged...
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Story by Andreas Exarheas| RigZone.com |. Oil market sentiment appears to have improved significantly...
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Story by Bloomberg|Mia Gindis | Oil slipped from a five-month high as Hamas and Israel tentatively...
By JENNIFER McDERMOTT | AP | Chris Wright, President-elect Donald Trump’s pick for energy secretary, told...
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