Goldman sees 'a turning point in the oil and gas capex cycle, as seven years of declining activity have depleted spare capacity.'

Morgan Stanley says it’s not just renewable energy companies that will benefit from decarbonization efforts to be discussed this week.

Continental Resources invokes force majeure on at least one of its oil delivery contracts after oil prices collapsed.

Jim Cramer says that trying to mirror the market can be a bad strategy in times like this.

President Trump is set to meet with oil executives to discuss government aid to the industry, a media report says. One issue for discussion will be potential tariffs on U.S. imports of Saudi oil.

Costco took in $984 million in new membership fee in its fiscal third quarter, helping the bulk retailer top Street forecasts for topline revenues.

"Supply chain challenges and persistent delays significantly limited the brand's responsive abilities" to changing consumer trends, CEO Sonia Syngal told investors Thursday.

"We believe the slowdown was caused by the spending pressure our consumers felt from higher gas prices and broader inflation," said CEO Bruce Thorn.

"Combining our assets and talented team with Broadcom's existing enterprise software portfolio creates a remarkable enterprise software player," said VMware CEO Raghu Raghuram.