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Drillers Dip As Traders Digest BP News (BP, HAWK, VTG, HERO, RIG, NE, ESV, DO)

Posted by Owen Vater at 10:09AM on July 16th

The offshore drilling segment got a boost late-Thursday after BP (BP) announced optimistic results from its latest efforts to cap the gulf oil spill, but stocks gave some back on Friday. Earlier this year, things were looking up for drillers as…

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One-Two Punch Knocks Offshore Drillers Down -25% (RIG, BP, DBO, USO, OIL, HAWK, HERO, HLX, GIFI, GLF, VTG)

Posted by Owen Vater at 9:29AM on May 21st

Things were looking up for the offshore drilling segment after President Obama proposed opening new regions in the Gulf of Mexico and off the Atlantic and Arctic coasts for oil and gas exploration back in April. But shortly thereafter, the…

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Battle Heats Up Between Coal and Natural Gas (BTU, ACI, RTP, MEE, PCX, ICO, HLX, RDC, VTG)

Posted by Owen Vater at 11:06AM on April 15th

A New York Times piece notes that executives from the country’s largest coal producers stood up to recent criticism on Capitol Hill. Representatives from Peabody Energy (BTU), Arch Coal (ACI), and Rio Tinto (RTP), as well as the Ohio Coal Association met with members…

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