ExxonMobil has increased holdings in Argentina after its subsidiary ExxonMobil Argentina Offshore Investments B.
This was an opportunistic, fair deal and will boost other shale operators.
Chevron will pay $33 billion, or $65 a share, to acquire Anadarko Petroleum.
We never thought, 24 hours ago, that it could possibly be this good.
A rundown of several oil companies that could soon be on the block.
It's about JPMorgan, Anadarko, and Disney, all on the day of our AAP call!
This deal will certainly strengthen Chevron's position in the Permian Basin, while also adding to global reserves of both petroleum and LNG.
Anadarko is surging as its planned, $33 billion acquisition by Chevron recognizes its underlying value.
Probably more important to focus on than the FOMC Minutes on Wednesday, will be the impact of energy prices on headline March CPI.
Global oil prices touched fresh 2019 highs Monday, lifting U.S. crude past $63 for the first time since early November, as investors bet that OPEC supply cuts, sanctions on Iran and Venezuela and escalating military tensions in Libya will continue to support markets.
China's top trade negotiator is expected to meet with President Donald Trump in the White House later Thursday.
XOM looks ready for a LEAP back to $90.
The Kingdom must balance between pleasing their key ally, the U.S. -- and the president's prolific tweets -- and their own domestic needs.
Jim Cramer wrote about the top five performing stocks in the Dow.
Exxon Mobil has held talks on the sale of a suite of oil and gas fields in Nigeria, a report says.
Both U.S. and Chinese economic data is coming in stronger than expected, which will help support this rally.
Global oil prices extended gain again Tuesday, taking U.S. crude past the $62 mark for the first time in nearly five months, following stronger-than-expected factory output data from the U.S. and China and reports that Washington may revoke waivers for the purchase of Iranian exports.
ExxonMobil said today that it has made a final investment decision on a multi-billion dollar expansion of its integrated manufacturing complex in Singapore to convert fuel oil and other bottom-of-the-barrel crude products into higher-value lube base...
How can stocks rally with money coming out so swiftly? Jim Cramer says to take a look at the 5 best performing stocks in the Dow for the first quarter.
Let's look at the top-five performing stocks in the Dow for the first quarter. They are incredibly illuminating.
Global oil prices traded firmly higher Monday, extending gains from the strongest quarter in a decade, after stronger-than-expected factory output data from China and ongoing production cuts from OPEC member and its allies raised the prospect of increasing demand into the summer months.
I am taking profits on energy names on WTI's 32% quarterly gain.
A study of analyst recommendations at the major brokerages shows that Exxon Mobil Corp is the #28 broker pick, on average, out of the 30 stocks making up the Dow Jones Industrial Average, according to ETF Channel. Within the broader S&P 500, when components were ranked in terms of analyst favorites, XOM claims the #428 spot.
The most recent short interest data has been released for the 03/15/2019 settlement date, and we here at Dividend Channel like to sift through this fresh data and order the underlying components of the Dow Jones Industrial Average by "days to cover." There are a number of ways to look at short data, for example the total number of shares short; but one metric that we find particularly useful is the "days to cover" metric because it considers both the total shares short and the average daily volume of shares typically traded. The number of shares short is then compared to the average daily volume, in order to calculate the total number of trading days it would take to close out all of the open short positions if every share traded represented a short position being closed.
Buy weakness on Chevron and Exxon Mobil given strong technical momentum and solid dividends. .
ExxonMobil said today that it is providing $300,000 to aid agencies to support disaster relief and recovery efforts in Mozambique following Cyclone Idai, which made landfall on March 14.
I think sometimes the best way to parse the temperament is to go over the most obviously 'wrong' moves and address why they might not be wrong at all.
Here's the problem with these oil breakouts.
