New York, October 30 -- Battered by the worst economic downturn since the Great Depression, major oil companies have reported a decline in their quarterly profits.
Based on the aggregated intelligence of 135,000-plus investors participating in Motley Fool CAPS, the Fool's free investing community, oil and gas producer Anadarko Petroleum (NYSE: APC) has earned a coveted five-star ranking.
It's now been about two years since Brazil announced the first of its big oil discoveries in the deep waters of its Santos Basin. Since then, the country has been a hotbed of energy activity, and Petrobras (NYSE: PBR), its state oil company, has brought gleams to the eyes of more than a few energy investors.
I must admit to taking pleasure in monitoring the world of energy. But my typical post is the topsy-turvy world of oil and gas. My Foolish colleague Chris Barker frequently does yeoman's work in deciphering the world of coal for our Foolish community.
I can always depend on XTO Energy (NYSE: XTO) Chairman Bob Simpson for a colorful analogy. First, he said XTO was a machine that marches. Now, it's a thoroughbred that, despite the restraint being applied, is still racing ahead of its peers.
Range Resources (NYSE: RRC) and Cabot Oil & Gas (NYSE: COG) may call Texas home, but don't let the zip codes fool you. These independent oil and gas shops have deep roots in Appalachia and are feeling right at home in the race to unlock the mighty Marcellus shale.
When canaries were guinea pigs, coal mining was even more perilous than it is today. Birds are no longer required in the mines, but I sent my own Foolish canary underground to be our fly on the mine shaft wall. After digging deep into earnings for several key U.S. coal producers, this is my canary's comprehensive coal industry status report.
We've seen Total (NYSE: TOT) amass an impressive oil sands empire over the years. There's its flagship Joslyn project, on which Occidental Petroleum (NYSE: OXY) came aboard as a partner last year. Total also has Surmont, in partnership with ConocoPhillips (NYSE: COP), and the Northern Lights project, which is now shared 50/50 with Sinopec following a recent realignment.
A few nuclear news items have caught my eye lately, and all but one is quite positive for the sector. We'll start with the good stuff.
As has become a quarterly tradition, on Friday oilfield services kingpin Schlumberger (NYSE: SLB) distributed an earnings release that set a standard for clarity. However, it also perpetuated the downtrodden situation that's spread across the energy sector.