The Macomb Daily : Energy & Green Business http://business-news.thestreet.com/the-macomb-daily en urn:article:13655847 Avoid the Falling Knives in Energy, and Catch This Momentum Stock http://business-news.thestreet.com/the-macomb-daily/story/avoid-the-falling-knives-in-energy-and-catch-this-momentum-stock/13655847 Many investors are scooping up beaten-down oil and gas stocks with low valuations, on the hope that they will start rising along with energy prices.… Thu, 28 Jul 2016 12:45:00 EDT urn:article:13655746 NOV Beats Earnings But Not Ready to Call Bottom http://business-news.thestreet.com/the-macomb-daily/story/nov-beats-earnings-but-not-ready-to-call-bottom/13655746 National Oilwell Varco shares rose sharply Thursday morning after the oilfield equipment and services provider reported a second quarter loss of $114 million, or 30… Thu, 28 Jul 2016 11:03:00 EDT urn:article:13655555 Chevron, Exxon Mobil Earnings Will Reflect Oil's Price Havoc http://business-news.thestreet.com/the-macomb-daily/story/chevron-exxon-mobil-earnings-will-reflect-oils-price-havoc/13655555 The price of a barrel of crude oil closed Wednesday at $41.92, back below my key annual magnet of $44.07 after trading as high as… Thu, 28 Jul 2016 09:17:00 EDT urn:article:13655341 Total Rides Oil's Weak Recovery to Beat Second-Quarter Estimates http://business-news.thestreet.com/the-macomb-daily/story/total-rides-oils-weak-recovery-to-beat-second-quarter-estimates/13655341 French oil company Total's net profit fell 30% year-on-year in the second quarter to $2.2 billion, but beat analyst estimates,  bucking a trend of… Thu, 28 Jul 2016 05:36:00 EDT urn:article:13655162 Refiners Stuck in Gap Between Price and Profitability http://business-news.thestreet.com/the-macomb-daily/story/refiners-stuck-in-gap-between-price-and-profitability/13655162 As some oil refiners prepare to report their latest quarterly results, the spread between West Texas Intermediate (WTI) and Brent crude oil continues to widen.… Wed, 27 Jul 2016 20:05:00 EDT urn:article:13653551 This Oil Giant Will Be a 'Survivor Stock' Amid the Coming Financial Storm http://business-news.thestreet.com/the-macomb-daily/story/this-oil-giant-will-be-a-survivor-stock-amid-the-coming-financial-storm/13653551 Today's headlines seem to conjure not the 21st century but the dark valley of the 1930s. Geopolitical risks are rising, in the form of angry right-wing… Wed, 27 Jul 2016 13:56:00 EDT urn:article:13653299 Here's Why the Bear Market for Coal Prices May Be Nearing the End http://business-news.thestreet.com/the-macomb-daily/story/heres-why-the-bear-market-for-coal-prices-may-be-nearing-the-end/13653299 Nearly all commodities had a terrible run over the past five years, and coal was among the worst of the bunch. But there are signs that… Wed, 27 Jul 2016 11:47:00 EDT urn:article:13652415 In a Bizarre Year, This High-Yield Utility Is an Oasis of Safety http://business-news.thestreet.com/the-macomb-daily/story/in-a-bizarre-year-this-high-yield-utility-is-an-oasis-of-safety/13652415 This crazy year is reminiscent of Bizarro World in the Superman comics, in which reality is completely turned on its head. Let's re-cap 2016 so… Wed, 27 Jul 2016 09:05:00 EDT urn:article:13653357 Statoil Blames Refining, Volatility as Quarterly Earnings Lag Forecasts http://business-news.thestreet.com/the-macomb-daily/story/statoil-blames-refining-volatility-as-quarterly-earnings-lag-forecasts/13653357 Norwegian oil giant Statoil on Tuesday promised to cut capital spending after it posted its first-ever quarterly adjusted loss after tax, blaming weak and… Wed, 27 Jul 2016 05:31:00 EDT urn:article:13652369 Valero Says Refining Space M&A Prospects Remains Ugly http://business-news.thestreet.com/the-macomb-daily/story/valero-says-refining-space-ma-prospects-remains-ugly/13652369 San Antonio-based oil refiner Valero Energy  posted adjusted earnings of $1.07 per share on $19.6 billion of operating revenues, beating consensus estimates of $1.02 in… Tue, 26 Jul 2016 12:20:00 EDT