|Day Low/High||42.08 / 42.35|
|52 Wk Low/High||36.28 / 47.83|
Taking short-term profits across BP plc Royal Dutch Shell and Exxon Mobil , and a small loss in Chevron ... I did not time that one as well. These are all part of my "exposing oneself to growth trade while getting paid to do so in the form of divid...
Next week we'll be at the tail end of earnings season. It's been a blast, at least until this past week when we got some iffy news about trade.
The market can still go higher, but the time has come for the slope of price discovery to normalize a bit.
Macondo may be moving off the mind of investors soon.
BP's BHP buyout is a big catalyst for 2019 if oil prices rise.
For the firm's fourth quarter, results were truly impressive.
BP stock was surging higher after its earnings report.
With a boost from the fundamentals, the oil giant's shares could push upward and challenge the late September-early October highs in the $46-$47 area.
The selloff in Alphabet presents opportunity, and I think this cash machine is ripe for a small long position.
OPEC reports the largest monthly drop in production in almost two years. Oil prices head north on Friday morning. WTI Crude trades above $53 per barrel. The EIA earlier this week, adjusted expected U.S. output to more than 12 million barrels per day...
This is the kind of reversal that happens in a bull market.
Market participants are smart enough to know by now that when one must venture across thin ice, one does not linger.
The surge in individual stocks comes as both the WTI and Brent Crude indices jumped after China indicated it would hold trade talks with the U.S.
As oil recovers and begins to stabilize both the stock price and cash flow of companies in the space, dividend payments could drive strong portfolios.
If you follow me, then you know oil stocks is where I have been adding more so than anywhere else over the past couple of weeks.
The smart way to panic is to remove any trace of financial systemic risk from your portfolio.
If you are moderately bullish and have a longer-term horizon, buy the global integrated players and their strong balance sheets and lock in the yields.
Shares of the oil giant are still pointed down but the pace of the decline has slowed, so any improvement in oil prices could spark a reversal.
That May Leave a Mark Not only did Lipper let us know that the seven day period ended Wednesday saw a record amount of dough head from equity-based mutual funds and ETFs into money market funds, but it would seem the wounded beast just can't get to ...
But there is no catalyst right now, and there are so many other sectors with better prospects.
News continues to evolve around the whole OPEC shindig in Vienna. Deal. No deal. Production cuts. Small. Maybe not so small. Iran makes noise. The Saudis play ball with the Russians? Maybe not? You know what I do know? I know that all of my energy n...
Shares of the British oil giant rose 2.13% on Monday, closing the day's trading at $41.19 per share.
Blockchain is making its way into big oil.
Mother nature wasn't destructive enough to permanently shut down BP's Alaskan pipeline.
The company's ability to provide a strong dividend and hefty buyback schedule creates an attractive thesis moving forward.
Production cut agreements stemming from the G-20 summit are among the factors helping to buoy oil prices.