|Day Low/High||103.36 / 106.64|
|52 Wk Low/High||55.48 / 96.01|
Investors should keep an eye on interest rates and oil, but remember next week is still a week of big earnings reports, says Jim Cramer.
A close above $106 would give the bulls the upper hand once again.
More production will mean lower oil prices.
The buyer plans to pay for the deal with equity offerings and asset sales.
The investment bank has come in as the 10th ranked adviser on The Deal's 2016 League Tables.
Oil producers are expected to ramp production in response to OPEC's recent production cut agreement, but the U.S. Department of Energy suspects this will stunt oil price increases through 2018.
U.S. oil producers added 4 rigs, while natural gas producers brought 3 rigs online, bring the overall count up to 665.
Company followers feel there is still room to grow toward $10 per share in 2017, and in order to get there, Chesapeake need only keep doing what it's doing.
Gobbling up privately held acreage may continue to be a major priority for strategics in 2017, but so too will asset sales and equity raises as low leverage remains vital.
Cramer shares his views on Diamondback's Permian buy and wonders if airlines will soon be playing leapfrog.
Oil rigs climbed by 12, natural gas rigs rose by 1, and West Texas' Permian Basin continues to see the greatest activity build.
Top Wall Street analysts expect U.S. oil and gas exploration and production stocks to do well in the first half of 2017 as drilling programs ramp and oil prices rise.
From data storage and oil markets to the 'humanization of pets,' these stocks are worth a closer look.
Jim Cramer says stocks keep leapfrogging their peers in sectors like airlines and semiconductors.
The charts are indicating that those holding long positions in the name should be wary.
This FANG has bite. Oil prices have to keep rising to feed this particular beast.
The major oil producer will bolster its already substantial holdings in the U.S.' most prolific oil play for $2.43 billion.
The charts indicate that the stock could climb to around $122.
Plus other sectors to watch in this rotation.
You know that money coming in from the sidelines? It's pretty much gone.
They're part of the president-elect's pro-business agenda.
Cramer shares his views on how much further Citigroup and Goldman Sachs have to run and cautions that you can't wait for everyone to love a stock.