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RSPP News

Oil Rising for Second Week as Tudor Pickering Touts Servicing Stocks

Bullish inventory data has sent oil prices higher for the second straight week despite a continuing ramp in U.S. drilling activity.

3 Hot Oil Stocks That Are Underappreciated by Wall Street

Goldman Sachs says these three stocks are underappreciated by Wall Street.

Occidental, RSP Permian Pumping More Shale Oil Than Expected, Goldman Says

With earnings season almost wrapped up, 2017 data shows so far that shale productivity surprised to the upside, with a few key players, including Occidental Petroleum and RSP Permian, stealing the show.

Oil Stocks Are Now The Smart Play on Higher Oil Prices Says Goldman Sachs

Total, RSP Permian and Chevron are poised to gain as oil stocks close the gap on recent oil price rises.

Baker Hughes Rig Count Climbs for 18th Straight Week

Sixteen rigs came online overall, with eight oil rigs added in U.S. resource basins and eight natural gas rigs added.

Breaking News

Pfizer Stock Slides As Soft Covid Vaccine Sales Outlook Mars Q4 Earnings Beat

"As we turn to 2023, we expect to once again set records, with potentially the largest number of new product and indication launches that we’ve ever had in such a short period of time," said CEO Albert Bourla.

UPS Earnings Top Street Forecasts On Margin Focus, Revenues Miss; New $5 Billion Share Buyback Unveiled

UPS topped Street forecasts for its fourth quarter earnings, but a slump in international deliveries kept revenue gain in check.

General Motors Earnings Blast Street Forecasts; Sees Robust 2023 Profits

GM blasted Street profit forecasts with adjusted earnings of $2.12 per share on revenues of $43.1 billion.

Exxon Mobil Posts Record $56 Billion 2022 Profit, Beats Q4 Forecasts As Crude Surges

“While our results clearly benefited from a favorable market, the counter-cyclical investments we made before and during the pandemic provided the energy and products people needed," said CEO Darren Woods.