Chevron Corp (NYSE:CVX)

Is Shell About to Spend $8 Billion to Double Its Permian Basin Acreage?

Posted: December 19, 2018 at 9:40 am

According to a Bloomberg News report Tuesday, Royal Dutch Shell PLC (NYSE: RDS-A) is negotiating to buy privately held Endeavor Energy Resources for about $8 billion. If the deal is ...
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Crude Oil Price Pared Gain Following Modest Inventory Drop

Posted: December 12, 2018 at 11:05 am

The U.S. Energy Information Administration (EIA) released its weekly petroleum status report Wednesday morning showing that U.S. commercial crude inventories decreased by 1.2 million barrels last week, maintaining a total ...
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Short Sellers Hike Bets in Major Oil Stocks

Posted: December 12, 2018 at 10:15 am

Crude oil was trading right around $52 a barrel early on Wednesday. Over the past month, crude has been down sharply, following the markets lower for the year. However, it ...
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Crude Oil Price Remains Sunk Following Massive Inventory Drop

Posted: December 6, 2018 at 11:35 am

The U.S. Energy Information Administration (EIA) released its weekly petroleum status report Thursday morning showing that U.S. commercial crude inventories decreased by 7.3 million barrels last week, maintaining a total ...
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Crude Oil Price Remains Soft Following 10th Straight Weekly Rise

Posted: November 28, 2018 at 11:05 am

The U.S. Energy Information Administration (EIA) released its weekly petroleum status report Wednesday morning, showing that U.S. commercial crude inventories increased by 3.6 million barrels last week, maintaining a total ...
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Big Oil Scares Off Short Sellers

Posted: November 28, 2018 at 10:10 am

Crude oil was trading right around $51 a barrel early on Wednesday. Over the past month, crude has been down sharply following the markets lower for the year. However, it ...
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Crude Oil Price Dips on Larger-than-Expected Inventory Build

Posted: November 21, 2018 at 11:25 am

The U.S. Energy Information Administration (EIA) released its weekly petroleum status report Wednesday morning showing that U.S. commercial crude inventories increased by 4.9 million barrels last week, maintaining a total ...
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Why Hammered Mega-Cap Integrated Oil May Be the Best 2019 Stock Picks

Posted: November 17, 2018 at 8:40 am

According to the pundits who loved oil at $75 a barrel, it’s possible the black gold could now be going to $40. In what is a typical response from financial ...
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Crude Oil Price Creeps Higher Despite Another Massive Inventory Build

Posted: November 15, 2018 at 11:55 am

The U.S. Energy Information Administration (EIA) released its weekly petroleum status report Thursday morning showing that U.S. commercial crude inventories increased by 10.3 million barrels last week, maintaining a total ...
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On Big Oil, Short Sellers Can’t Make Up Their Minds

Posted: November 12, 2018 at 10:55 am

Crude oil was trading right around $61 a barrel early on Monday. Over the past month, crude has been down sharply following the markets lower for the year. However, it ...
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Exxon Mobil, Caterpillar Sink the DowThursday

Posted: November 8, 2018 at 4:01 pm

November 8, 2018: Markets opened lower Thursday and only the Dow was able to spend part of the day in the green. The Fed Open Market Committee (FOMC) did not ...
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4 Jefferies Franchise List Stocks to Buy for End-of-2018 Run

Posted: November 8, 2018 at 7:25 am

Well, as expected, when you come up with a midterm election that delivers the house back to the Democrats, you can bet there were high fives on Wall Street. There ...
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Crude Oil Price Sinking on Large Increase to Inventory

Posted: November 7, 2018 at 11:15 am

The U.S. Energy Information Administration (EIA) released its weekly petroleum status report Wednesday morning showing that U.S. commercial crude inventories increased by 5.8 million barrels last week, maintaining a total ...
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CVS Earnings, Merger With Aetna Look Good to Investors

Posted: November 6, 2018 at 9:10 am

CVS Health Corp. (NYSE: CVS) reported third-quarter results before markets opened Tuesday. The pharmacy retail operator posted quarterly adjusted diluted earnings per share (EPS) of $1.73 on revenues of $47.3 ...
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IBM, Chevron Lift the Dow Monday

Posted: November 5, 2018 at 4:01 pm

November 5, 2018: Markets opened mixed Monday as the Nasdaq Composite failed to generate any positive sentiment until late in the day. But tech sector stocks underperformed all day and ...
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