(HOUSTON)Oilfield services company Allis-Chalmers Energy Inc. said Monday the per-share price it is paying to buy Bronco Drilling Company Inc. is rising nearly 12 percent.READ MORE
Among the earnings stories for Wednesday, May 7, from AP Financial News: HOUSTON (AP) _ Frontier Oil Corp. said Wednesday its first-quarter profit fell as rising crude prices squee...READ MORE
(NEW YORK)
Following is a summary of top stories in the energy sector Tuesday afternoon.
Summer Driving Likely to Cost More
The Energy Department says regular gasoline prices could reach $...READ MORE
(NEW YORK)A director of oilfield service provider Allis-Chalmers Energy Inc. bought 101,100 shares of common stock, according to filings with the Securities and Exchange Commission.READ MORE
(NEW YORK)Shares of oilfield service providers, under pressure from sinking crude prices, closed mostly lower amid a late-day sell-off Wednesday. The Philadelphia Oil Service Sector Index, w...READ MORE