energy stocks

ExxonMobil Sued Over Arkansas Pipeline Spill

Two Arkansas residents have filed a lawsuit against ExxonMobil. They’re seeking $5 million in damages, claiming a pipeline spill has caused a permanent drop in property values.

UBS Releases List of 14 Favorite Stocks

Stocks have soared to record levels this year, but one brokerage firm says there are still plenty of profits left to mine: UBS is out with a new list of 14 favorite stocks.

MLPs: The Low-Risk, High-Yield Investment You've Never Heard Of

Bonds yields are so low you're paying to lose money. Interest rates can't keep up with inflation. And stocks are volatile and risky. So where can you go for safe, strong returns? Meet the Master Limited Partnership, an investment vehicle that's beating the markets for those in the know.

How to Protect Yourself From Investing Scams

On the one hand, the volatile stock market has some investors looking for "safety." On the other, stock market losses have led some to desperately seek fat returns elsewhere. Either way, you could wind up in trouble, because scam artists are ready to prey on the desires of both.

Where to Put Your Money Now

Ten investors survey the rubble from this week's shakeup and see opportunities everywhere. It's time to quiet those nerves and deploy your dollars to take advantage of fire-sale prices. Here's a rundown of investment ideas -- stocks, mutual funds, ETFs, and otherwise.

Big Oil Taking Small Steps Toward Big Renewables Profits

The oil industry giants are embracing alternative technologies -- including biofuels, geothermal and solar. Right now, renewable sources provide only a tiny fraction of the profits they derive from oil and gas, but they'll have a real impact on the revenues of majors like BP, Exxon Mobil and Chevron in the not-so-distant future.

More Gas Saving Ideas: Suggestions From Left Field

We've already shared some ideas from our readers on ways to economize, squeeze extra miles out of your tank, and find surprising discounts. In the final part of this series, we'll take a peek at some of the more unusual methods that you offer for reducing pain at the pump.

Three Dividend Stocks That Are Energy Plays Too

Given the uncertain prospects of the U.S. economic recovery, its not surprising that many investors are reluctant to pour more money into stocks this spring. One lower-risk way to invest is to buy stocks that also pay decent dividends. Here are three options in the energy sector:

Market Snapshot: What's Thriving in Battered Economy

The economy has had more than its share of trouble lately: Japan's earthquake comes on top of rising oil and food prices, political turmoil in the Middle East and a crop of government austerity measures. But investor opportunities lie hidden among the bad news.

How Your Portfolio Can Profit From Higher Oil Prices

Skyrocketing oil prices don't have to bring only pain. Investors can also find some relief with investments that can benefit from oil's recent -- and likely future -- increases. Here are some ETFs and mutual funds worth considering, based on performance, risk and cost.

As Energy Prices Heat Up, Which Stocks to Play?

The Egyptian crisis has predictably stirred up energy stocks, which are once again on the rise. But regardless of whether oil prices remain sharply volatile, energy stocks deserve high priority in investor portfolios, argue some investment pros.

Will the Economic Recovery Slide on $90 Oil?

Oil prices, up more than 25% since August, are testing the $90 per barrel level and appear to be headed higher -- into what the International Energy Agency calls 'a dangerous zone' for the global economy.

Face-Off on Stocks: Electric Utility Companies [Video]

Yes, electric utilities are a mostly unloved sector among investors, even though everyone needs power. But maybe their steady and dividend-friendly shares have more appeal these days. Here's a look at three big names: American Electric Power, Constellation Energy and Allegheny Energy.

Oil Industry Plans Record Spending in 2011

One would think that BP's massive Gulf of Mexico oil spill this year would have given pause to the global oil industry, but that doesn't appear to be the case. Companies in the sector are planning to spend a record $490 billion in 2011, including a large amount for deep-water development.

BP Shares Fall in London After U.S. Lawsuit

BP (BP) shares fell the most in four months in London after the Obama administration sued the oil giant, saying it violated environmental laws during the Gulf oil disaster. BP shares retreated by as much as 3.2%, the most since August, Bloomberg News said. As of 9:08am local time, the shares were down 2.3% at 465.4 pence.

Flowserve's Rebound From the BP Bust Could Keep Going

When the BP Gulf oil spill hit, Flowserve's stock was one of the energy plays that got hammered along with BP. But seven months later, it has risen back to it pre-disaster level. And several analysts see even better days coming.

Exxon Mobil Sells $1 Billion of Gulf of Mexico Assets

Exxon Mobil Corp. (XOM) sold nine U.S. Gulf of Mexico oil and natural gas stakes to Energy XXI in a deal worth $1.01 billion. The assets produce about 20,000 net barrels of oil a day, The Wall Street Journal said. They contain net proved and probable reserves of 66 million barrels of oil equivalent (BOE), of which 61% is actually oil.

Natural Gas Firm Exco Gets $4.4 Billion Offer to Go Private

Natural gas prices have been persistently sluggish lately, but it looks like deal-making is revving up: The latest offer comes from the CEO of Exco Resources, Douglas Miller, who has offered to buy the energy company for $20.50 per share or about $4.4 billion.

GE Buys Dresser for $3 Billion

General Electric said Wednesday it would buy Dresser Inc., an energy infrastructure provider, for $3 billion, the latest in a series of deals and contracts from the U.S. conglomerate.

China's Sinopec to Invest $7.1 Billion in Repsol Brazil

Sinopec Group (SHI), China%u2019s second-largest oil and gas producer, will invest $7.1 billion in Repsol%u2019s (REP) Brazilian unit. Sinopec will buy new shares in the Spanish company%u2019s Brazilian unit, giving the Chinese company a 40% stake, Bloomberg News said.

ExxonMobil: The Oil Giant Looks Like Big Buy

ExxonMobil's stock is trading at $60 a share -- just about where it was in March 2009 when the market plunged to its low. Even as oil has rebounded to $74 from $40 at that time, ExxonMobil still languishes. That could soon change.

BP Tripled Advertising Spending in Weeks Following Oil Spill

BP (BP) spent more than $93 million on newspaper and TV advertising in the weeks following the Deepwater Horizon oil spill, more than three times the amount it spent in the same period a year ago. BP ran ads in newspapers in 17 states, compared with just two states in 2009, The Wall Street Journal reported, citing information from U.S. House Energy and Commerce Committee.