Integrated Oil & Gas

Western Gas Partners, LP (NYSE: WES) today announced that it has priced its public offering of 3,550,000 common units representing limited partner interests. Western Gas Partners has granted the underwriters a 30-day option to purchase up to 532,500 additional common units. The common units were...

Ecopetrol (NYSE: EC), Colombia's state-run oil company, released its fourth-quarter results today after the close of U.S. markets and while the results were impressive, the company's plans to spend $80 billion on exploration and production activities through 2020 is the real news. Ecopetrol's...

Ecopetrol (NYSE: EC), Colombia's state-run oil company, released its fourth-quarter results today after the close of U.S. markets and while the results were impressive, the company's plans to spend $80 billion on exploration and production activities through 2020 is the real news. Ecopetrol's...

Western Gas Partners, LP (NYSE: WES) today announced a registered underwritten public offering of 3,000,000 common units representing limited partner interests. Western Gas Partners will grant the underwriters a 30-day option to purchase up to 450,000 additional common units. Net proceeds from the...

Western Gas Partners, LP (NYSE: WES) today announced that it has closed its previously announced acquisition of midstream assets located in the DJ Basin of northeastern Colorado from Encana Oil & Gas Inc. The $303.3 million purchase price and certain purchase price adjustments were funded...

Jim Rogers has put his name on a new index that is a joint venture between CITIC Carbon Assets Management from Hong Kong and Banco Bilbao Vizcaya Argentaria that will be called the Rogers Global Resources Equity Index. It will own equities in energy, agriculture, forestry, mining and alternative...

Pre-open movers US stock futures are higher this morning as investors are awaiting economic data, including personal income and pending home sales. Futures on the Dow Jones Industrial Average gained 15 points to 12,125.00. Futures on the S&P 500 stock index rose 0.50 point to 1,319 and Nasdaq...

Petrobras (NYSE: PBR), Brazil's state-run oil company, said its fourth-quarter profit surged 38% to $6.4 billion, easily topping the consensus estimate of $5.32 billion. The company delivered the report after the close of U.S. markets today. Helped by higher oil prices and increased production,...

At the time of this writing, there are still a few minutes left in the trading day, but it's safe to say that this has been an interesting. Despite a holiday-shortened week, U.S. stocks and ETFs seemed to pack 10 days of excitement into four days and with the Libya situation not yet cured, this...

By Josh Lipton Oil prices are soaring amid the continued violent political turmoil in Libya, with economists now debating how much of a risk such a spike poses to this nascent US economic recovery. Strategists rattle off the headline-making litany of unknowns emanating from the civil unrest...

Most investors won't connect the dots between unrest in Libya and higher natural gas prices in Europe. But those that do are likely to profit from their specialized knowledge. You see, Libya produces around 2 percent of the world's oil. That's not an...

Most investors won't connect the dots between unrest in Libya and higher natural gas prices in Europe. But those that do are likely to profit from their specialized knowledge. You see, Libya produces around 2 percent of the world's oil. That's not an...

ConocoPhillips (NYSE: COP) today announced that Australia Pacific LNG Pty Ltd and China Petrochemical Corporation have signed an agreement establishing non-binding key commercial terms for the supply of up to 4.3 million tonnes per annum of LNG for 20 years. The agreement, known as a Heads of...

Citi Investment Research has a Buy rating and a $36.50 price target on shares of Western Gas Partners, L.P. (NYSE: WES) after it reported earnings. In a note to investors, Citi writes, "Adjusted EBITDA of $57.8 mill was ~15% ahead of our est. of $50.1 mil and ~13% ahead of consensus and also above...

On CNBC's Mad Money, Jim Cramer said during the Lightning Round that ConocoPhillips (NYSE: COP) has a “stock buyback program and a dividend boost.” He advises investors to stick with Conoco. He said that United Technologies (NYSE: UTX) is an “up stock. Business is great and management is great....