With central banks cutting rates aggressively and China and the U.S. pumping even more liquidity, be careful of being too bearish.
Newly confirmed cases of the Covid-19 virus spiked from Hubei Province in China, where the city of Wuhan is located. The number of related deaths increased as well.
Joining the ranks of BlackRock and Microsoft, BP has come out with a plan to address climate change, and that gives it added appeal.
Shale producers have only one choice now -- to be capital disciplined.
The PBOC is taking measures to make sure the economy is insulated from any long-lasting effects from the virus slowdown. But how much ammunition does China really have?
Oil stocks are down about 25% and it is time to go long selective names -- like Permian producers with great pricing potential and strong balance sheets.
I don't think any of the takeaways have to do with the political mess in Iowa, nor the 'State of the Union' address scheduled for Tuesday night.
I am not about making friends, I am about making money. And I don't think I can help you make money in the oil and gas stocks anymore.
It's not just the lousy profit picture: XOM posted its third least profitable year in 2019 since the turn of the millennium. So how can I get my 87 cents?
The company continues to pay its dividend, but with large capital expenditures, it will likely have to borrow to pay.