Chevron, Conoco, Freeport Slash 2016 Capital Budgets
On Wednesday, Freeport-McMoRan said it now plans to spend $1.6 billion on oil and gas capital investments for 2016, down from a previous estimate of $2.0 billion.
On Wednesday, Freeport-McMoRan said it now plans to spend $1.6 billion on oil and gas capital investments for 2016, down from a previous estimate of $2.0 billion.
The November 30 short interest data have been compared with the previous figures, and short interest for the selected oil stocks was ultimately mixed.
With oil plunging, and the market reeling from what should prove to be extremely good news for consumers, many investors are in a quandary over which path to take for 2016.
With the market very possibly poised for years of sideways trading and single-digit gains, the total return potential from these blue chips is outstanding.
A new Merrill Lynch research report says the market has spoken, and the Federal Reserve is free to start the hikes in December.
24/7 Wall St. screened the Merrill Lynch research universe for large-cap blue chip stocks that paid a 5% dividend.
These companies not only have Merrill Lynch's safest volatility risk ratings, but they have faded somewhat during the recent market sell-off, offering even better valuation and entry points for investors.
24/7 Wall St. screened the Merrill Lynch energy stock universe and found four top companies rated Buy with solid dividends for investors to consider.
Some of the latest short interest readings for major oil companies are backing off highs, while others are pushing on new highs.
Solid growth stocks that pay good dividends make sense, especially when they all pay higher dividends than the current 30-year U.S. Treasury bond.
ConocoPhillips reported third-quarter 2015 results and updated guidance before markets opened Thursday morning.
ThinkstockConocoPhillips (NYSE: COP) is scheduled to report its third quarter financial results before the markets open on Thursday. The consensus estimates from Thomson Reuters call for a net loss of $0.38 per…
The October 15 short interest data have been compared with the previous figures, and short interest for the selected oil stocks was mixed.
Most investors have had a rough 2015, and with the Nasdaq the only index that is up for the year as of Friday, the question is what's the game plan for the…
High-yielding energy stocks make good sense for investors as it may take time for the sector to come back, and collecting large dividends while waiting makes the time go by quicker.