A 1,000-point drop in the Dow Jones Industrial Average may appear like a great deal, but based on historical standards, it is not much. That would be only 6.5%. The outside forces…
ThinkstockThe U.S. Energy Information Administration (EIA) reported Thursday morning that U.S. natural gas stocks decreased by 230 billion cubic feet for the week ending January 24, compared with an expected drop of…
Shares of Exxon Mobil reacted to its fourth-quarter earnings report early Thursday. Earnings were down 16%, mostly due to lower production and weaker-than-expected margins in its refining operations.
Jon C. Ogg thinkstockThis week’s cold snap and freak snow storms pushed natural gas futures up more than 10% on Wednesday. That is terrible for consumers who may see their heating bills soar from more…
The S&P 500 has dropped more than 5% in 2014, and virtually all of that has come in the past week. Much of the blame has been put on financial risks in…
Short interest in several large oil and gas stocks rose in the two-week period to January 15, likely as a result of expected pressure on crude oil prices, refining margins and drilling…
If poor earnings reset Apple's shares back to where they traded in September, the market value of Exxon Mobil may well top that of the consumer electronics company. A 10% sell-off in…
With production increasing in the United States at a record pace, the energy analysts at Oppenheimer are convinced that the days of tremendous rising revenues and profits at the major integrateds, as…
Suntory, the Japanese brewer, spent $13.6 billion to buy Beam, the maker of Jim Beam. In doing so, Suntory has moved further into a business that is as likely to be successful…
Jon OggThe markets had only a small employment report from the Conference Board to consider on Monday, as well as a surprising government budget surplus, to drive stocks today. Unfortunately, Goldman Sachs…
Jon OggWe are now well past the end of 2013, and many strategists have mixed targets for the stock and bond markets in 2014. The last year brought gains of 26.5% in…
Between the federal tax rate and state corporate tax rates, some corporations pay billions of dollars every year in taxes. 24/7 Wall St. examined the 10 U.S.-based, publicly traded companies with tax…
24/7 Wall St. has generated a bullish and bearish scenario for 2014 in each stock of the Dow, including Exxon Mobil. The question now is what to expect from the oil super-major…
Chevron saw its shares gain about 18% in 2013, underperforming the Dow Jones Industrial Average and the S&P 500. The question now is what to expect of Chevron in 2014.
Despite a disappointing 2013 in the energy sector, Merrill Lynch analysts are reasonably positive about the sector for 2014. In a new research report, they list of some specific energy sector themes…
