-$2.45 (-1.5%)
Closing price February 21, 2020

Offshore Guyana Yields Another Gusher for Exxon Mobil

Last Friday, Exxon Mobil Corp. (NYSE: XOM) announced first production from its Liza-1 well in the Stabroek block about 120 miles offshore of Guyana. The development includes the company's Liza ...
Read Full Story »

Brazil’s Offshore Oil Auction a $17 Billion Flop

A highly anticipated auction for drilling rights in four offshore locations (blocks) in Brazil's massive Santos Basin drew just three bidders. State-controlled oil company Petróleo Brasileiro S.A. (NYSE: PBR), better ...
Read Full Story »

Top Analyst Upgrades and Downgrades: Amazon, Avis, Blackstone, Illumina, Intel, Kinder Morgan, 3M, Nvidia, Tesla, Twitter, Uber, Visa and More

Stocks were indicated to open marginally lower on Friday morning as earnings season is proving to be quite mixed. That said, the S&P 500 is still at or close to ...
Read Full Story »

Top Analyst Upgrades and Downgrades: Best Buy, Biogen, Booking, China Mobile, Chipotle, CNOOC, Kinder Morgan, Lumentum, MongoDB, Nike and More

Stocks were indicated to open lower on Friday, giving back most of the prior day's FOMC-delayed reaction rally. Now that the stock market has recovered so much in 2019, investors ...
Read Full Story »

Top Analyst Upgrades and Downgrades: AK Steel, Carnival, FedEx, PayPal, Sunoco, Teva, Under Armour, Wells Fargo and More

Stocks were mixed on Monday, following four consecutive days of gains, and Tuesday was indicated to have a strong open. The markets are effectively at all-time highs, and the raging ...
Read Full Story »

Top Analyst Upgrades and Downgrades: AMD, Amazon, Celgene, Comerica, Fortinet, Gilead, Lennar, Netflix, Voya, Wayfair and Many More

Stocks were getting bruised on Wednesday with overseas pressure and oil sending Dow (-250) and S&P (-29) futures down yet again. Investors have to be thinking that 2016 is becoming ...
Read Full Story »

Moody’s Sees Oil and Gas Capex Down 20% to 25% in 2016

Moody's Investor Service has already weighed in with its forecasts for crude oil prices, and the outlook could easily be summarized by the current mantra of "lower for much longer." ...
Read Full Story »
flag of China

5 Oversold Chinese Companies Worth a Look

Picking oversold Chinese stocks is a difficult task, considering that China is in the bust phase of the business cycle. The fundamentals driving that — a stagnant Chinese yuan supply after ...
Read Full Story »

China Readies Reform Plans for Oil & Gas Sector

China’s National Development and Reform Commission (NRDC) is preparing a draft reform plan for the country’s state-controlled oil and gas companies that is expected to be released by the end ...
Read Full Story »

2 Major Upgrades Seen for China: CNOOC and China Life

Are things really as bad in China as you might have been led to believe? The answer to that depends on whom you ask, and perhaps what country you live ...
Read Full Story »
investor research

Top Analyst Upgrades and Downgrades: Amazon, Monsanto, Schlumberger, SolarCity, Western Digital, Yelp, Abercrombie and Many More

Stocks bounced big on Wednesday, but unlike Tuesday, the rally held and gained strength throughout the day. Stocks were green on Thursday morning too. This trend of buying the pullbacks, ...
Read Full Story »
China Internet

Will Shanghai Stocks Crash Like Nasdaq Did in 2000 and 2001?

The sell-off in China is potentially far more important than the issue surrounding Greece's in-or-out status. By our take it is more important, but the broader financial media still wants ...
Read Full Story »
Chinese flag

5 Chinese Companies for the Value Investor’s Watch List

The Chinese stock market is in shambles. The Shanghai Composite Index lost 25% over the past three weeks, according to Forbes. A value investor may want to take a hard ...
Read Full Story »
Molycorp Mountain Pass Mine

Molycorp Files for Chapter 11, Delisted From NYSE

When Molycorp (MCPIQ) held its initial public offering in July of 2010, the company priced the shares at $13.25, below the IPO range of $15 to $17 that the company ...
Read Full Story »
Bull and Bear

Top Analyst Upgrades and Downgrades: EMC, Herbalife, Micron, Petrobras, SanDisk and More

Stocks were lower again on Monday, with the Greek debacle taking the blame again. If there has been one trend that has held firm, it is that investors have lined ...
Read Full Story »