Chevron (CVX) Q1 earnings report 2024
Gas pumps are seen at a Chevron gas station in Orlando. Paul Hennessy | SOPA Images | Lightrocket | Getty Images Chevron beat earnings expectations Friday, but its profit fell…
Exxon (XOM) Q1 2024 earnings report
An Exxon gas station is seen on October 06, 2023 in the Brooklyn borough of New York City. Michael M. Santiago | Getty Images Exxon Mobil on Friday reported first-quarter…
Citi upgrades energy as geopolitical tensions could keep oil prices higher
The energy sector should continue to outperform as oil prices are likely to remain higher for longer on geopolitical risk even without a major escalation in the Middle East, according…
Investors are hoping Big Tech earnings next week could revive a flagging bull market
The Big Tech earnings next week could revive a flagging market, or at least give investors direction into where stocks are going from here. Next week will spotlight the bulk…
Energy, the new momentum trade? Why its strong gains can increase from here
The energy sector has pulled up from behind to overtake nearly every other sector of the market this year and may still have room to advance, according to analysts. Energy…
Big oil is racing to scale up carbon capture to slash emissions
A standard drilling rig that Chevron will be drilling its first onshore test well for the 14,000-acre Bayou Bend CCUS project is photographed on Thursday, Feb. 22, 2024 in Winnie…
Energy might be the ‘story of the summer,’ one CIO says
Energy could be a hot trade this summer, according to Robert Schein, chief investment officer at Blanke Schein Wealth Management. A supply crunch perpetuated by geopolitical conflicts and shipping disruptions…
Big Oil’s green-bashing at Texas energy conference stokes backlash
Saudi Aramco President & CEO Amin Nasser speaks during the CERAWeek oil summit in Houston, Texas, on March 18, 2024. Mark Felix | Afp | Getty Images Top oil executives…
Exxon is not trying to acquire Hess in dispute with Chevron, CEO says
HOUSTON — Exxon is not trying to acquire Hess as the oil major battles with Chevron over lucrative oil assets in Guyana, CEO Darren Woods said Monday. When asked directly,…
Hess reviews timeline for Chevron deal closing after Exxon escalates Guyana dispute
Mike Wirth, CEO of Chevron and John Hess, CEO of Hess, appear on CNBC to speak about Chevron’s deal to buy Hess Corp for $53 billion all-stock deal, on the…