|Day Low/High||64.07 / 64.41|
|52 Wk Low/High||55.04 / 73.86|
Anadarko is surging as its planned, $33 billion acquisition by Chevron recognizes its underlying value.
Both U.S. and Chinese economic data is coming in stronger than expected, which will help support this rally.
I am taking profits on energy names on WTI's 32% quarterly gain.
This recent oil price surge in price is not over, and not priced in. Here is how I am playing it.
In a market full of noise it pays to focus on individual fundamentals. One of my favorite phrases is 'cash flow never lies.'
And stay away from under-capitalized, over-indebted shale producers that face pressure to limit capital expenditures.
Cash is a lazy asset, but the genesis of Berkshire's underperformance has been choosing the wrong investments.
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...
The market can still go higher, but the time has come for the slope of price discovery to normalize a bit.
BP stock was surging higher after its earnings report.
Many see the Fed as done for the year. Never assume. Read the words as they are written.
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 shutdown is starting to feel different from those that we have experienced in the past, is it not?
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.
It might be time to examine some possible oil peers to poach.
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.
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 ...
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...
Blockchain is making its way into big oil.
I'm adding to dividend names that have shown consistency in troubled waters.
And keep in mind that earnings season is not over, and there's enough juice left to impact the marketplace.