|Day Low/High||73.90 / 75.39|
|52 Wk Low/High||58.14 / 78.48|
Jim Cramer said he's confident in Schlumberger, which reports earnings on Thursday.
Oilfield services executives are likely to come out bullish this week, but investors should note a rebound is not underway until these companies start hiring and spending money on equipment.
Occidental Petroleum Corporation (NYSE:OXY) will hold a conference call on November 1, 2016, at 11 a.
We took advantage of several down days during the week to add to a recently added position.
Recent events have sent Conoco (COP) stock downward but also made it cheaper; Occidental (OXY) has a history of offering strong dividends.
Oil prices are stuck in the $50 range, which is why Jim Cramer only likes a few oil stocks.
We continue to look for places to opportunistically deploy our cash after a luke-warm jobs report failed to provide the market with additional clarity.
Industrial growth in China helped fuel a boom in demand and an eventual supply glut, but the fundamentals may not support a return to prosperity in our lifetime.
Occidental Petroleum Corporation (NYSE:OXY) said today that its Board of Directors has declared a regular quarterly dividend of $.
From Allergan to Starbucks, these names look promising to TheStreet's Jack Mohr.
The Fed, oil and banks were the main market movers this week. We exited one portfolio position and added a starter position in a tech name.
With the Fed decision behind it, the market focuses on earnings and oil. In the portfolio, we added to three positions and exited from one.
A turnaround may be in the sights for the industry but many companies could still look toward divestitures to strengthen their finances and put money in the bank for acquisitions.
These trades should be approached cautiously.
With markets in a Fed holding pattern until Wednesday, here are our views on 11 key AAP holdings.
The market gets pushed and pulled by the Fed, oil and loads of economic reports. Meanwhile, the portfolio includes a new name.
Just because the price of oil hasn't rebounded yet doesn't mean that it isn't a great time to check out these two companies.
Here are Monday's top research calls, including upgrades for Colgate-Palmolive, ConocoPhillips and Philip Morris, and a downgrade for Marathon Oil.
Occidental Petroleum (OXY) stock was declining in pre-market trading on Monday after JPMorgan cut its rating on shares to 'underweight.'
Oil, Fed chatter throw a wrench in the end of the week. In the portfolio, we add to 2 names and drop another.
Industrial growth in China helped fuel a boom in demand, and eventual supply glut, of the commodity, but the fundamentals may not support a return to prosperity in our lifetime.
If and when interest rates go up, this basket of stocks should continue to do well.
Cramer says you'll do fine in Ford and he wouldn't buy more Cliffs Natural Resources.
When the market decides only one thing is working, that makes things treacherous for everyone else,
The oil and gas producer will buy the family-owned operator in a deal worth $2.45 billion, a bargain price considering the attractive West Texas assets included in the package.