Global News Aggregator
Darren Woods, chairman and chief executive officer of Exxon Mobil Corp., Brendan McDermid | Reuters Exxon Mobil said Wednesday its expects earnings to more than double through 2027 relative to…
Is the decline in WTI crude a sign of something more ominous? We don’t think so just yet. Source link: https://www.cnbc.com/2023/12/06/were-making-a-small-contrarian-buy-as-oil-prices-and-energy-stocks-get-crushed.html
OPEC has refused to switch to bigger output increases as group sources have cited a lack of spare capacity among members to add more barrels as well as the need…
Elevated bond yields and geopolitical uncertainty continued to be negative for stocks this week as the overall market moved into oversold territory. However, that set us up to put cash…
Marathon Petroleum’s oil refinery in Anacortes, Washington. David Ryder | Reuters Energy heavyweights Chevron and Exxon Mobil announced shiny new acquisitions this month — and some industry watchers say it…
The S&P Oscillator moved deeper into oversold territory after Wednesday’s 1.4% selloff in the S&P 500, prompting us to act. Source link: https://www.cnbc.com/2023/10/26/were-making-a-small-oil-stock-buy-and-upgrading-our-rating-on-a-big-tech-stock.html
A Chevron gas station is shown in Austin, Texas, on Oct. 23, 2023. Brandon Bell | Getty Images News | Getty Images On Monday, Chevron announced plans to acquire oil…
Exxon Mobil ‘s (XOM) planned deal to buy Pioneer Natural Resources (PXD) has sparked talk of more consolidation in the oil-and-gas industry. While we don’t own companies as mergers-and-acquisition plays,…
After a rough September, October has so far been much more kind to stocks and has helped Wall Street cut into some of its third-quarter losses . More encouragingly, our…
Chances of the deal getting blocked are low, in our view, but nothing is ever guaranteed when it comes to mergers and acquisitions. Source link: https://www.cnbc.com/2023/10/16/were-exiting-an-oil-stock-taking-profits-after-a-blockbuster-buyout-announcement.html