Energy Business


Exxon Mobil Is Dow’s Biggest Loser in 2017

2017 has been a tough year for Exxon Mobil Corp. (NYSE: XOM). The stock has dropped 9.4% since the beginning of the year, and the energy giant is one of ...
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Energy Industry

Why Duke Energy Earnings Are Continuing to Slip

Duke Energy Corp. (NYSE: DUK) reported its fourth-quarter financial results before the markets opened on Thursday. Over the past year, the firm’s adjusted results have been driven by favorable weather, ...
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RBC Has 4 Top Oil Services Stocks to Buy as Sector Rally Matures

If you were buying oil services this time last year, you had either years of experience in the sector, were a deep value investor with a very long time line, ...
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Shell Station

High-Yield Oil Stocks May Be Best Way to Play the Sector Now

Even though the worst is probably long since over for the oil industries, and it appears that the OPEC cuts are being implemented, the price of oil has doubled in a ...
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Exxon Mobil Is the Biggest Dow Loser of 2017

After closing just shy of $91 a share on the first day of trading in 2017, Exxon Mobil Corp. (NYSE: XOM) stock closed Friday nearly 8.6% below that number. The ...
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Why S&P Raised Rating on Petrobras and Still Stays Cautious on the Company

Credit rating agency Standard & Poor's on Friday raised its corporate credit rating on Petroleo Brasileiro S.A. (NYSE: PBR), commonly known as Petrobras, one notch, from B+ to BB-. The ...
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oil tanker

Short Sellers Run for Cover From Major Oil

Since Trump has taken the White House, crude oil has been trading above $50, and it seems to have solidified at this price level, which is a step in the ...
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sustainable energy

Short Interest on the Rise in Solar, Alternative Energy Stocks

Short interest moves among solar and alternative energy stocks were generally upward during the two-week reporting period that ended on January 31. Of the companies we watch, short interest rose on ...
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green energy

First Solar Now Has Franklin Templeton Funds Among Top Shareholders

If there is one area of President Donald Trump's energy policy that remains under a cloud of confusion, alternative and renewable energy has to fit the bill. This has created ...
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fracking drilling

Oil Is Going Higher: 3 Red-Hot Permian Basin Stocks to Buy

With OPEC cutting production for the first time in years, demand increasing and very few new oil discoveries, the prospects for crude pricing continues to look bright for 2017 and ...
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BP Mad Dog

Why BP Earnings Were Cut in Half Last Year

BP PLC (NYSE: BP) reported fourth-quarter and full-year 2016 results before markets opened Tuesday. For the quarter, the oil and gas supermajor posted adjusted diluted earnings per American depositary share ...
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Pump Jacks Against at Dusk

Why Analysts See Exxon Mobil and Chevron Differently After Earnings

In the past week or so, the two U.S.-based supermajor oil companies have reported lower than expected earnings, and shares of both have paid the price. Since Chevron Corp. (NYSE: ...
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oil field sunset

If Trump’s Border Adjustment Tax Includes Oil, These 5 Stocks Could Fly

You have heard the old saying “Don't get mad, get even.” That is just what is behind President Trump's threat of a border adjustment tax. Many of our companies are penalized ...
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oil refinery

Why Phillips 66 Earnings, Revenues Plunged

Oil refiner Phillips 66 (NYSE: PSX) reported fourth-quarter and full-year 2016 earnings before markets opened Friday morning. The company posted adjusted diluted earnings per share (EPS) of $0.16 compared with ...
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Has ConocoPhillips Turned It Around?

ConocoPhillips (NYSE: COP) reported fourth-quarter and full-year 2016 results before markets opened Thursday morning. For the quarter, the oil and gas production company posted an adjusted diluted net loss per share ...
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