Exxon Mobil (NYSE:XOM) just reported earnings and the Street is selling on the news. The energy sector as a whole was getting beat up last week, and this is the first substantial selloff we have seen in the name for some time. We like to look at the name from a long-term perspective, and that necessitates that we have a solid grasp on the fundamentals of the name, especially since this is the one....More>>>
On a day that OPEC actually announces a production cut, which is actually just announcing a formalized cut after previously announcing that a cut was coming, many of the top oil stocks have risen handily. Where the moves look really crazy is in the more speculative second-tier oil stocks which are either not as strong in the balance sheet or which are still down massively from their highs of 2014....More>>>
Oil tallied a third straight gain Wednesday, with U.S. prices settling at a five-week high and Brent at its highest since April, buoyed by a report from the International Energy Agency that showed global crude production fell for the first time in four months in August.
Traders also weighed weekly data from the U.S. government which revealed a smaller-than-expected rise in crude supplies,....More>>>
Source: ThinkstockMay 9, 2017: The S&P 500 closed relatively lower on the day at 2,396.84. Separately the DJIA closed lower at 20,974.61. The Nasdaq was actually up on the day at 6,120.59 hitting another intraday high.
Tuesday was another flat day for the markets, with oil giving back some of its Monday gains. Oil & gas stocks were largely down on the day contributing to the drop....More>>>
&l;p&g;&l;img class=&q;dam-image bloomberg size-large wp-image-41580290&q; src=&q;https://specials-images.forbesimg.com/dam/imageserve/41580290/960×0.jpg?fit=scale&q; data-height=&q;638&q; data-width=&q;960&q;&g; Wind turbines at the Hornsdale wind farm in South Australia, which is connected to a Tesla lithium-ion battery storage system that took less than 100 days to install. Photographer:....More>>>
Please note that all amounts are Canadian dollars in this article, unless otherwise noted. Conifex Timber Inc. (OTC:CFXTF) trades on the TSX Exchange under the more liquid ticker CFF.TO.
The North American lumber industry is a very difficult industry for investors since it has one key attribute that is anathema to many investors – volatility. Most investors widely associate volatility....More>>>
&l;p&g;&l;img class=&q;dam-image bloomberg size-large wp-image-41898988&q; src=&q;https://specials-images.forbesimg.com/dam/imageserve/41898988/960×0.jpg?fit=scale&q; data-height=&q;640&q; data-width=&q;960&q;&g; Bloomberg
The all sell below their stated book value, a sure sign of just how unwanted they&s;ve become. They languish sadly in the remote, distant land of the very, very low....More>>>
News stories about Basic Energy Services (NYSE:BAS) have trended positive on Thursday, according to Accern Sentiment. The research firm identifies positive and negative media coverage by monitoring more than twenty million blog and news sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores nearest to one being the most favorable.....More>>>
Source: ThinkstockApril 23, 2018: The S&P 500 closed flat at 2,670.22. The DJIA closed down 0.1% at 24,446.02. Separately, the Nasdaq was down 0.3% at 7,128.60.
Monday was a down day for the broad U.S. markets, a continuation from the overall drop that started on Thursday. At some point in the day all three of the major indices were positive. Crude oil saw another gain, again moving a....More>>>
Chairman, President and CEO of Golden Entertainment Inc (NASDAQ:GDEN) Blake L Sartini sold 953,506 shares of GDEN on 01/23/2018 at an average price of $26.64 a share. The total sale was $25.4 million.
Golden Entertainment Inc is an US based company which focuses on distributed gaming, casino and resort operations. It organizes its business in two segments; Distributed Gaming and Casinos.....More>>>
The commodity bear market, especially in oil, ended in 2016. The typical commodity bear market ends when prices collapse so much that production and new investment decline enough to reduce the supply coming on to the market, observes Bob Carlson, editor of Retirement Watch.
That happened in 2016. The outlook for oil and energy prices improved in late 2016 when OPEC and other oil-producing....More>>>
Michael A. Robinson
Even after stacking up a bunch of double-, triple-, and even quadruple-digit gains over the last year and a quarter, many of my Roadmap to Marijuana Millions pot stocks still have plenty of gas left.
In fact, a few of my Canadian legal marijuana plays in particular have been on fire for months now – and especially since Nov. 10.
How much is 20 years of extra risk worth? Nothing, at least in Canada.
The yield on Canada’s 10-year government bond briefly rose above the nation’s 30-year securities for the first time in more than a decade Thursday. The shorter-maturity notes have sold off in the last few days, pushing yields above 2.5 percent for the first time since 2014. Canada is the only developed economy....More>>>
Dr. Kent Moors
As I write this (Tuesday, April 10), oil prices are billowing higher.
Both West Texas Intermediate (WTI) and Brent are rising sharply, each up 1.9% for the day before the market even opened.
That means WTI has jumped 4.1% in less than two trading sessions, while Brent has improved by 4.3% over the same brief period.
Now, I do expect that there....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>>>