ExxonMobil Corp (NYSE:XOM)

Can Exxon Mobil and Chevron Earnings Escape the Oil Trap?

Posted: October 20, 2018 at 7:15 am

At the end of the third quarter, West Texas Intermediate crude oil traded at around $73 a barrel, a year-to-date increase of about 25%. The two U.S. supermajor integrated oil ...
Read Full Story »

Record US Oil Exports Could Go Higher: 3 Dividend Energy Stocks to Buy Now

Posted: October 19, 2018 at 7:10 am

This year, exports from the United States of oil hit an incredible 2.2 million barrels per day. That is a remarkable number when you consider that a 40-year ban in ...
Read Full Story »

Natural Gas Price Holds Loss Level Steady After Storage Report

Posted: October 18, 2018 at 11:05 am

The U.S. Energy Information Administration (EIA) reported Thursday morning that U.S. natural gas stockpiles increased by 81 billion cubic feet for the week ending October 12. Analysts were expecting a ...
Read Full Story »

Merrill Lynch Makes Big Q4 Changes to US 1 Stock List

Posted: October 18, 2018 at 7:10 am

With third-quarter earnings reports streaming in, and the fourth quarter well underway, many of the top companies we follow on Wall Street are making some changes to the lists of ...
Read Full Story »

Crude Oil Price Tumbles Below $70 on Surge in Inventories

Posted: October 17, 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 6.5 million barrels last week, maintaining a total ...
Read Full Story »

What a 547-Point Rally in the Dow Feels Like

Posted: October 16, 2018 at 4:23 pm

If investors were worried last week that the sky was falling, they then had to factor in a disappointing Monday after a failed recovery effort. Tuesday was a different story, ...
Read Full Story »

Chevron, Exxon Hammer the Dow Thursday

Posted: October 11, 2018 at 4:01 pm

October 11, 2018: Markets opened lower again Thursday and the three major indexes bounced around the break-even line for most of the day before turning solidly lower. Every sector traded ...
Read Full Story »

Crude Oil Price Rebounds Slightly on Another Big Increase in Stockpiles

Posted: October 11, 2018 at 11:40 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 6 million barrels last week, maintaining a total ...
Read Full Story »

Natural Gas Price Steady Following Expected Storage Increase

Posted: October 11, 2018 at 10:55 am

The U.S. Energy Information Administration (EIA) reported Thursday morning that U.S. natural gas stockpiles increased by 90 billion cubic feet for the week ending October 5. Analysts were expecting a ...
Read Full Story »

Short Sellers Up the Ante in Major Oil Stocks

Posted: October 10, 2018 at 10:20 am

Crude oil was trading right around $74 a barrel early on Wednesday. Over the past month, crude has been up and down, reaching as high as about $77 and as ...
Read Full Story »

Rising Interest Rates and All, 13 Blue Chips Outyield 10-Year and 30-Year Treasuries

Posted: October 4, 2018 at 12:10 pm

After a series of stops and starts throughout the Federal Reserve's interest rate hiking cycle, the eventual rise in long-term interest rates finally has started to play out in 2018. ...
Read Full Story »

Natural Gas Price Slumps Following Big Storage Addition

Posted: October 4, 2018 at 11:05 am

The U.S. Energy Information Administration (EIA) reported Thursday morning that U.S. natural gas stockpiles increased by 98 billion cubic feet for the week ending September 28. Analysts were expecting a ...
Read Full Story »

Crude Oil Price Drops, Bounces Following Inventory Report

Posted: October 3, 2018 at 10:55 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 8 million barrels last week, maintaining a total ...
Read Full Story »

Goldman Sachs Makes 2 Big Changes on Its Oil Bets

Posted: October 2, 2018 at 11:05 am

Each morning's top analyst upgrades and downgrades come from dozens of various analyst reports. If there is one firm that can garner a serious look based on analysts changing opinions ...
Read Full Story »

Natural Gas Price Jumps After Small Storage Addition

Posted: September 27, 2018 at 11:20 am

The U.S. Energy Information Administration (EIA) reported Thursday morning that U.S. natural gas stockpiles increased by 46 billion cubic feet for the week ending September 21. Analysts were expecting a ...
Read Full Story »