exploration and production

Integrated energy global giant Chevron Corporation (NYSE: CVX) said Friday it reached an agreement to acquire Anadarko Petroleum Corporation (NYSE: APC), one of the world's largest independent exploration and production companies. What Happened As part of the merger agreement, Chevron will pay...

The S&P 500 Energy Index is up nearly 6 percent year-to-date, or almost triple the returns offered by the S&P 500. Energy is one of just four sectors in the green this year. The iShares U.S. Energy ETF (NYSE: IYE) is up 6.6 percent this year, while the iShares U.S. Oil & Gas...

The overall sentiment within the Exploration & Production sector has changed for the better as a 50-percent spike in oil prices since last June has been matched with flat performance for the E&P group, according to Seaport Global. The Analyst Seaport Global's Mike Kelly and team made...

Exploration and production companies are likely to update investors in their first-quarter reports on budgets and returning cash to shareholders, according to Morgan Stanley.  The Analyst Morgan Stanley's Evan Calio.  The Thesis The upcoming earnings season will likely show E&...

Energy stocks and exchange-traded funds are rebounding off their previous lows, but the sector remains the worst-performing group in the S&P 500 this year. Problems for the broader energy sector include lagging exploration and production stocks. The SPDR S&P Oil & Gas Exploration &...

Even as the energy companies look to savor the recent recovery in oil prices after a protracted slump, the U.S. presidential election is seen as posing the next big threat. Morgan Stanley has quickly moved in to quell the anxiety. In a research note released on Thursday, Morgan Stanley said the...

The Energy Select Sector SPDR (ETF) (NYSE: XLE), the largest equity-based exchange-traded fund tracking the energy sector, is up nearly 12 percent over the past month. XLE's exploration and production and more volatile counterpart, the SPDR S&P Oil & Gas Exploration & Prod. (ETF) (...

EP Energy Corp (NYSE: EPE) and Bonanza Creek Energy Inc (NYSE: BCEI) are selling off following an early morning research note by Credit Suisse. According to Credit Suisse analysts, E&P (exploration and production) "struggled" on the capex front throughout 2015, citing low crude...