Tag Archives: TELL

Why Oil and Gas Stocks Sizzled Today

What happened

Oil and gas stocks sizzled today, thanks to a surprise forecast from the Organization of Petroleum Exporting Countries (OPEC). Some of the lesser-known stocks surged the most on Sept. 13, with the following leading the pack as of 2 p.m. EDT.

Centennial Resource Development (NASDAQ:CDEV): Up 6.6%. Vermilion Energy (NYSE:VET): Up 11.2%. Helix Energy Solutions (NYSE:HLX) Up 12.9%. Tellurian (NASDAQ:TELL): Up 14.2%. Comstock Resources (NYSE:CRK): Up 10.5%.
So what

All eyes were on OPEC’s monthly oil market report, scheduled for Sept. 13, to gauge where....More>>>

Best Energy Stocks To Invest In 2023

Petroleo Brasileiro S.A. or Petrobras (PBR Quick QuotePBR ) recently announced that it completed the non-binding phase of the sale of its full 27.88% ownership holding in Deten Qumica S.A. (Deten) and now began the project’s binding phase. Prospective buyers who qualified for this phase will get a process letter outlining the divestiture process in full including rules for due diligence and the submission of binding offers.

Earlier in June, the company commenced the sale process of its full ownership in the petrochemical company Deten. Per management, the plan was in sync with....More>>>