|Day Low/High||7.88 / 8.12|
|52 Wk Low/High||7.67 / 16.66|
The company surged nearly 4% in premarket trading Friday on rising oil prices and news it will initiate the first phase of development of the Liza Field in offshore Guyana.
The IEA released bearish oil market data Wednesday that indicated the U.S. shale machine will help supply outpace demand in 2018, but one industry consultant is not convinced.
A review of data produced by BoardEx reveals that many big and small activist-targeted corporate boards feature young directors in their early-to-mid 30s who work for insurgent fund managers
"At 520.8 million barrels, U.S. crude oil inventories are in the upper half of the average range for this time of year," an EIA report said.
Here are Wednesday's top research calls, including new coverage of Advanced Micro Devices and Transocean, upgrades for Clovis Oncology and ConocoPhillips, and a downgrade for Disney.
The most recent short interest data has been released for the 04/28/2017 settlement date, and we here at Dividend Channel like to sift through this fresh data and order the underlying components of the S&P 500 by "days to cover." There are a number of ways to look at short data, for example the total number of shares short; but one metric that we find particularly useful is the "days to cover" metric because it considers both the total shares short and the average daily volume of shares typically traded. The number of shares short is then compared to the average daily volume, in order to calculate the total number of trading days it would take to close out all of the open short positions if every share traded represented a short position being closed.
Consumers are far less likely to splurge on a large purchase than they might otherwise be.
U.S. stock futures decline and European shares trade lower following disappointing earnings from Apple and as Wall Street looks to Wednesday's announcement from the Federal Reserve on interest rates.
May kicks off with a busy first week filled with earnings, monetary policy and a snapshot of the health of the economy.
President Trump's executive order to expand offshore drilling may be a long-term positive for a beaten down industry, but it's not a near-term solution.
Overextended oil driller Seadrill currently teeters on the edge of bankruptcy. Peer Transocean might not be far behind.
Seadrill's stock is in free fall, with scant chance of recovery. Here's why it could drop to zero.
It has been a wild ride thus far, and we've only completed one round of action.
Norway's Borr Drilling will pay a higher-than-expected $1.35 billion for the 15 mobile rigs.
This fleet sale is a bet on its deep-water expertise, and could pay off large with higher oil prices.
The top 64 companies taking a trip to TheStreet's 2017 Market Bracket Challenge tournament.
Saudi Arabia overstated its February production according to Goldman, which claimed OPEC production cuts will help oil demand overtake supply in the second quarter.
Crude oil prices slipped this week, highlighting the inherent weaknesses of these two energy stocks. Here's why they're potential 'portfolio wreckers.'
Investing in oil services stocks remains challenging, as crude oil is downgraded to negative on its weekly chart, as shares of Diamond Offshore, McDermott, Noble and Transocean slide lower.
Jim Cramer is bearish on Southwest Energy, Occidental Petroleum and Ferrellgas Partners.
Changes in our shopping and leisure habits are disrupting stocks like crazy, says Jim Cramer.