|Day Low/High||62.25 / 62.53|
|52 Wk Low/High||55.04 / 73.86|
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.
SHAK beat expectations for both EPS and revenue, but same-store sales decreased. Here is how I would play it.
Santa is on his way... A lot of pressure on the jolly fellow this year.
It becomes difficult for me to tell you where to run in these markets...
Big oil companies are moving with growing urgency to develop clean energy sources.
Quatar Petroleum is expected to make a final investment decision on a liquified natural gas facility near Sabine Pass, Texas.
It has become increasingly clear that Europe will need to import from multiple sources.
We are bullish on the global LNG market as demand is expected to double by 2035.
In short, the energy sector needs a core place in most portfolios.
Although this will be challenging in the short term, it may be an opportunity for large American companies to acquire assets.