Chesapeake Energy Corp (NYSE:CHK) has announced that it’s unloading oil and gas assets in the Eagle Ford and Haynesville shales. Exco Resources (NYSE:XCO) is the buyer, and the price tag – about $1 billion.
As I warned yesterday, Linn Energy (NASDAQ:LINE) investors were likely to feel the sting from a recently opened informal inquiry by the SEC. The stock sank nearly 20 percent, and while there may be a slight bounce this morning, I’ve already unloaded my position. The dividends were nice, but I’m just not a daredevil when it comes to this kind of stuff. I still like the company, but I don’t like the risk right now.
Think the shale revolution is here to stay? Maybe not. Energy analyst Keith Kohl dives into the uncomfortable world of decline rates, and you may not like what the data reveals. You can read more here.
Massive Discovery to Spark Lithium Bull?
The price of lithium has been on a volatile roller coaster for years, but stability could come quicker than
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It's all thanks to an Oregon State geologist and their discovery of a "Lithium Volcano."
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A Little-Known Energy Trend Is Starting to Attract Serious Attention
A new wave of energy investing is forming beneath the surface — literally.
Geothermal energy is emerging as a reliable, always-on source of clean power, and a small group of publicly traded companies are positioned to benefit as adoption accelerates.
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