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The transaction is the buyer's fourth acquisition in eight months and includes margin-boosting royalty interests.
Recovery is not in sight for beleaguered Chesapeake Energy.
As oil and gas prices slump again, these are two of the most vulnerable companies in the entire sector. Shun these dogs of the energy patch at all costs.
Management said the company continues to focus on maximizing shareholder value, which it measures as return on capital employed.
Investors who acted on these recommendations have enjoyed nice runs in these names.
Previous pricing bear CEO Al Walker said global demand is outpacing expectations and the industry will likely see $60 per barrel oil as early as the fourth quarter.
This Texas-based oil and gas producer seems likely to release another poor earnings report.
TheStreet highlights 3 stocks pushing the energy industry higher today.
The Midland, Texas, oil and gas explorer didn't reveal the name of the seller, but a source said it was Natural Gas Partners-backed Luxe Energy.
Mexico's liberalization of its energy sector has opened up numerous opportunities for business for U.S. companies, but a President Trump could potentially roll that back.
This is going to be a great year for oil and oil stocks.
Trade-Ideas LLC identified Anadarko Petroleum (APC) as a strong on high relative volume candidate
Trade-Ideas LLC identified Anadarko Petroleum (APC) as a "dead cat bounce" (down big yesterday but up big today) candidate
It's time to drill down into what worked and what didn't.
Even with a poor week for commodities, 9 oil rigs and 1 gas rigs were added in the U.S., a sign the industry is confident despite the recent turn.
Three oil rigs and three gas rigs were added this past week, a sign that the oil industry is beginning to recover with higher commodity prices.
But the big international companies focused on staying power, not opportunity.
Here are Wednesday's top research calls, including downgrades for Biogen and VeriFone, an upgrade for Ralph Lauren and new coverage of Anadarko Petroleum.
These U.S. stocks have global exposure and that makes them winners for a number of reasons, Cramer says.
Let's go over what allows us to get to highs for the year.
The direction of the U.S. dollar and the price of crude will tip the scales on APC.
TheStreet highlights 3 stocks pushing the energy industry lower today.