|Day Low/High||15.37 / 15.86|
|52 Wk Low/High||11.28 / 19.28|
With the land grab all but over, vast oil-bearing plots are in the hands of strategics that continue to bolster production. Yet they need higher oil prices to regain profitability.
Investors are starting to get real about Trump, according to Goldman Sachs.
Now that cost cuts are over the oil and natural gas explorer is poised to climb.
Two weeks after dealing itself into the lucrative oil play in New Mexico and Texas for $1.1 billion, Marathon is paying up to add $700 million worth of adjacent acreage.
Total Permian Position Now Over 90,000 Net Acres
The find is still in its early stages but is estimated to hold more than 15 billion barrels of oil and gas.
To put it simply, Stanley Black & Decker and Thermo Fisher screwed up.
An oil inventory glut that has persisted since OPEC decided to cut production pulled oil prices down temporarily Thursday, but the commodity rebounded in the late afternoon.
Wall Street churned around the flatline for much of the day with investors reluctant to commit to any one direction until the release of Friday's highly anticipated jobs report.
Stocks are lower on Thursday afternoon as a sharp decline in crude oil prices weighs on the energy sector.
Stocks rose after the European Central Bank raised its growth forecasts and maintained its loose monetary policy.
Stocks rise, though are off earlier highs, Thursday morning after the European Central Bank raises its growth forecasts and maintains its loose monetary policy.
U.S. stock futures decline and European stocks trade in the red after oil prices fall below $50 a barrel for the first time since December.
Royal Dutch Shell said Thursday that it will significantly reduce its assets in Canada's controversial oil sands area in the province of Alberta.
Investors overwhelmingly reject a shareholder proposal to increase diversity among senior management and directors.
With Macy's, Walmart and other retailers reporting this week, steel yourself for the bad news.
Full-Year E&P Production Exceeds Midpoint of Guidance with Significantly Lower Capital Spend
Fed Chair Janet Yellen will give her two-day semiannual monetary policy testimony, while major economic data will drive markets.
These companies have a track record of increasing their dividends, and are well-positioned to do so again.
Elliott Management's stake in Marathon Petroleum is making a great company even better, Cramer said.
The weekly MACD oscillator has been bullish since July and turned up last month to a fresh go-long signal.