As a long-term shareholder in ConocoPhillips (NYSE:COP), I wanted to compare them will a leading domestic shale producer – EOG Resources (NYSE:EOG). As you surely are aware, COP had been one of the “Big 3” international integrated oil companies prior to the spin-off of Phillips 66 (NYSE:PSX), a move that unleashed tremendous shareholder value. But now COP is an upstream only company....More>>>
After four-straight weeks of selling, oil futures started on a down note Monday amid fresh supply worries.
On Friday, data indicated that U.S. oil operators added six more active oil rigs the past week, marking a 22nd-straight increase. Overabundance of oil has suppressed prices for nearly three years. Even though major producers in the Organization of the Petroleum Exporting Countries and....More>>>
To get through a grueling seven hour car trip with her toddler, Haley Jude decided to try something different.
Instead of playing a kids’ TV show on her smartphone, she turned on “The Alien Adventures of Finn Caspian,” a serial podcast about an 8-year-old boy who solves mysteries in space.
“I can’t stand watching kid shows with her, but I can definitely....More>>>
Buckeye Partners, L.P. (NYSE: BPL): A Brief Introduction
“Buckeye Partners, L.P. is a publicly-traded master limited partnership that provides mid-stream energy logistics services. Buckeye owns and operates one of the nation’s largest independent petroleum products common carrier pipeline networks providing refiners, wholesalers, marketers, airlines, railroads and other commercial....More>>>
With oil prices having more than doubled from their early 2016 low, to over $65 per barrel, traders are waking up this morning to the possibility that the long-dormant oil sector may be coming back with a vengeance.
Today’s prices allow drillers to hedge for $60 per barrel oil for over one year, meaning they now have a platform for new investment. Production recently passed its 2014....More>>>
Oil prices took a turn lower on Friday on worries over record U.S. oil production, and after a major energy watchdog predicted shale producers would help drive production to levels not seen since the 1970s.
February West Texas Intermediate oil
Chesapeake Energy Corporation (NYSE:CHK) finished off Tuesday with a gain of 6.8%, polishing off a nearly 20% run for CHK stock since March 25.
Not bad work at all, considering that’s when the oil and natural gas E&P company was busy scrawling out a death cross.Hot Oil Stocks To Watch For 2018: Halliburton Company(HAL)
Advisors’ Opinion:[By ]
Oil prices steadied on Thursday, on the heels of a 2% plunge that came after data showed U.S. oil production hit a new weekly record.
The stabilization in crude prices came as a sense of calm appeared to be returning to global equity markets. The resignation of top White House economic adviser Gary Cohn late Tuesday fueled concerns about a trade war and spiked a selloff for perceived riskier....More>>>
Chairman, President & CEO of Mckesson Corp (NYSE:MCK) John H Hammergren sold 65,000 shares of MCK on 12/14/2017 at an average price of $160 a share. The total sale was $10.4 million.
McKesson Corp provides medicines, pharmaceutical supplies, information and care management products and services across the healthcare industry. It operates with two segments namely McKesson Distribution....More>>>
Energy is an absolutely fascinating industry to follow right now. On one side, you have oil and gas companies selling at incredibly low valuations, despite the fact that oil prices are above $70 a barrel. On the other side, you have renewable-energy companies with a multitrillion-dollar growth highway ahead of them.
With these interesting trends emerging, there’s no doubt that investors....More>>>
With Chinese trade war turmoil rocking Chinese stocks on American markets, many investors are wondering if they should still consider buying Alibaba Group Holding Ltd.’s (NYSE: BABA) stock.
If Wall Street is to be believed, investors should stay far away – between January and May, Alibaba’s stock dropped 18% as the White House pushed for aggressive trade restrictions....More>>>
Shopping and Thanksgiving weekend go together like Donald Trump and Twitter wars. This year there’s no need to risk being trampled by throngs of shoppers fighting over a $10 waffle iron. Here are 13 Shark Tank businesses offering online Black Friday deals with coupon code “Forbes2016.” Shop from the comfort of your home and ostensibly spend quality time with family. Pat yourself....More>>>
Oil prices were falling back Thursday off three-year highs hit in the prior trading session amid political tensions in the Middle East, but analysts are generally optimistic about stocks in the space, meaning Thursday’s dip could represent a buying opportunity.
Both West Texas Intermediate crude and global benchmark Brent crude prices were down slightly Thursday to $66.57....More>>>
With baby boomers retiring in rapid succession, millennials now make up the largest percentage of the workforce. And while many are gainfully employed and are on top of their bills, the majority of younger workers are making a mistake that could damage their finances irreparably: not having emergency savings. A frightening 52%, in fact, say they don’t have an emergency fund, according to new....More>>>
Small cap satellite stock Iridium Communications (NASDAQ: IRDM) reportedQ2 2017 earnings before the market opened on Thursday with results beating expectations. Total revenueincreased 2% to $111.6 million which consisted of $86.6 million of service revenue and $25.0 million of revenue related to equipment sales and engineering and support projects.Service revenue, which represents primarily recurring....More>>>