With a declaration of a National Emergency around the coronavirus in the United States, President Donald Trump and the United States now have extra powers and capabilities to enact measures that will…
Two oil and gas exploration and production companies have recently slashed their dividends. Are more energy industry firms poised to follow?
24/7 Wall St. has tracked more than 35 analyst downgrades in the oil patch on Monday, after a Saudi-Russia price war on top of the coronavirus outbreak knocking demand for oil.
Oil and gas companies are taking the brunt of investor punishment Monday morning, with some stocks trading down 40% from their Friday closing price.
If the wider spread of COVID-19 wasn't bad enough for the public and the markets, now an oil price war between Russia and Saudi Arabia is pouring salt on the wounds.
The energy sector dropped more than 4.5% Monday to continue its slide since the beginning of the year.
The impact of the spreading coronavirus has hit the energy sector particularly hard. Here are some of Monday's biggest losers.
Thursday's top analyst upgrades, downgrades and initiations included AMD, Amex, Apache, Coca-Cola, Ford, GM, Goldman Sachs, Lyft, Snap, Starbucks and Tesla.
Wednesday's top analyst upgrades, downgrades and initiations included Agilent Technologies, American Power, Apache, Boeing, Ciena, Cisco, FireEye, Palo Alto Networks, Sony, Southwest Airlines and Yum! Brands.
Merrill Lynch had been trying to remain firm in the energy sector, but it just lowered its energy sector exposure from its model income portfolio at the start of 2020.
Oil and gas company Apache appears to be coming up empty on a new well offshore of Suriname, near the site of Exxon Mobil's massive Guyana discoveries.
Paul Ausick Friday's top analyst upgrades, downgrades and initiations included Beyond Meat, Costco, Disney, Gap, Hecla Mining, Qualcomm, Slack, Teradata, Walmart and Zillow.
Friday's top analyst upgrades, downgrades and initiations included Agilent Technologies, Alphabet, Altria, Amazon.com, Boeing, Caterpillar, Chipotle Mexican Grill, E*Trade, Gap, Snap and Twitter.
Monday's top analyst upgrades, downgrades and initiations included Alcoa, Amgen, Apache, Chewy, Clorox, Concho Resources, Edwards Lifesciences, Occidental Petroleum and Walt Disney.
The drone attack on Saudi Arabia's Abqaiq facility has pushed share prices of U.S. oil and gas companies up sharply. The gains are unlikely to last
