|Day Low/High||30.47 / 31.97|
|52 Wk Low/High||20.84 / 67.13|
The energy sector, particularly Exploration and Production (E&P) stocks have been beaten down as its commodity, crude oil, remains weak due to the oversupply glut and lack of seasonal demand.
Charts indicate that the oil giant is pumped up for a rally.
Dan Dicker, energy contributor at TheStreet.com, talks with Brittany Umar about the outlook for gas prices during this holiday weekend.
And keep an eye on Chevron and ConocoPhillips too.
Dan Dicker, energy contributor at thestreet.com, talks with Jim Cramer about both the positive and negative fundamentals working on the price of a barrel of oil.
Now is the time to promote the idea of implementing a $0.50 per gallon gasoline tax, says energy analyst Dan Dicker.
Better oil prices, opportunity for more asset sales fuel improved outlook.
Focus on companies that benefit from an improving economy.
Price volatility in the oil markets looks set to continue for some time, but there are still many good opportunities for income-focused investors.
Conoco Phillips (COP) says it will maintain its capital spending for the next 3 years as its deals with lower oil prices.
China cuts interest rates for the 3rd time in 6 months amid a worse than expected economic slowdown.
Oil majors Exxon (XOM), Royal Dutch Shell (RDS-A) and ConocoPhillips (COP) all reported lower results from a year ago on Thursday, weighed down by the plunge in oil prices.
With oil prices plummeting over the past eight months, many energy companies have taken a hit, let's take a look at some energy companies that you should sell right now.
A narrowing wedge on the charts is likely to soon be resolved.
On Thursday, April 30th Wall Street awaits results from Exxon Mobil (XOM), ConocoPhillips (COP), Royal Dutch Shell (RDS.A), Colgate-Palmolive (CL), Time Warner Cable (TWC), Visa (V), and LinkedIn (LNKD).
Most would gladly take a 10% annual return over the next 5 years.
Major oils are finding it harder to economically replace reserves.