At an energy conference in Paris today, the secretary general of OPEC, Abdalla Salem el-Badri, said that the cartel is “not happy” with crude oil prices in the $110-$130/barrel range and that…
BP’s (NYSE: BP) profits fell as it continues to struggle with the Deepwater Horizon catastrophe. The incident and subsequent oil spill may cost the UK company as much as $20 billion in…
BP’s (NYSE: BP) profits fell as it continues to struggle with the Deepwater Horizon catastrophe. The incident and subsequent oil spill may cost the UK company as much as $20 billion in settlements with…
This was a huge week in dividends, particularly for the key DJIA components. We had a report calling for more and more dividend hikes of about 8% from the DJIA components in…
Markets opened higher this morning following a lower-than-expected GDP growth estimate of 2.2%. That was weaker, but not awful (our coverage here). The consumer sentiment survey rose a couple of ticks in…
courtesy of Chevron Corp.Chevron Corp. (NYSE: CVX) is the last of the big three US integrated oil companies to report first quarter earnings, and the first to show a profit gain compared…
coutesy of Exxon Mobile Corp.The world’s largest publicly held energy company, Exxon Mobil Corp. (NYSE: XOM), was not expected to post first quarter EPS that matched last year’s first quarter. The same…
Jon OggIt is that time of year again. It is time to ponder the theory of pricing in a summer slowdown, whether it actually happens or not. In short, is time to…
Markets are lifted by Fed comments that the economy is recovering and that it will keep rates low. (Reuters) Chrysler posts its best earnings since being partially taken over by Fiat. (Reuters)…
courtesy of Chevron Corp.When we saw that Exxon Mobil Corporation announced a 21% hike to its dividend this morning, we figured it would still be a ways out before Chevron Corporation (NYSE:…
coutesy of Exxon Mobile Corp.Exxon Mobil Corporation (NYSE: XOM) is confirming exactly what an earlier report predicted earlier this week. Dow Jones had a report that the DJIA components would raise their…
Dividends have continued to rise. Better yet, they are expected to keep rising for the rest of the year. A study from Dow Jones Indexes showed a rise of almost 2.2% so…
Nestle to buy Pfizer’s (NYSE: PFE) baby food operation for $11.9 billion. (Reuters) China’s factory output rises slightly in March, but still not at levels of expansion. (Reuters) Vodafone (NASDAQ: VOD) buys…
Earth Day is April 22, 2012, which is this Sunday. Many Americans and many people elsewhere will be thinking about how they can be more green. Sadly, there are going to be…
The government of Iraq will prohibit Exxon Mobil Corp. (NYSE: XOM) from participating in the May auction of new leases because the US company last year signed six leases for exploration in…
