In a longer-term perspective, the price action this year looks like a correction in an ongoing bull.
Shares of this best-of-breed oil servicer may continue to drop.
The higher levels are not being reflected in earnings estimates.
Its total production cost is in the mid-to-low $20 range.
Magnum's size allows attractive returns from drilling for dry gas despite its low price.
Higher revenue expectations gave stock price a boost.
Whiting Petroleum and Swift Energy are on track to outperform their larger, more geographically diversified peers.
With the glut of empty ships, why not hold on to oil while prices go even higher?
The windfall from the low level in natural gas prices will have a positive effect on related users.
XOM has released a report showing growing global demand for energy through 2040.

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