Until the production and exploration companies start gaining momentum it will be hard for service companies to do the same.
For those willing to play the oil services game, SLB is the better long position going forward than HAL.
What I see from 10,000 feet above... in the age of suddenly profitable fuel as cargo, are the railroads.
A rundown of several oil companies that could soon be on the block.
This deal will certainly strengthen Chevron's position in the Permian Basin, while also adding to global reserves of both petroleum and LNG.
Anadarko is surging as its planned, $33 billion acquisition by Chevron recognizes its underlying value.
Interestingly, these two asset classes have been positively correlated in recent months.
When you have watched oil stocks go nowhere despite a huge run in crude, perhaps it is time to take the other side of the trade.
XOM looks ready for a LEAP back to $90.
The Kingdom must balance between pleasing their key ally, the U.S. -- and the president's prolific tweets -- and their own domestic needs.