oil and gas

4 Big Dividend Oil Stocks to Buy Now With Crude Down Almost 20% in January

After a nice run, which was punctuated during the confrontations with Iran early this month, the benchmark price of oil, which reached almost $65 a barrel for West Texas Intermediate, ...
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Short Sellers Raise Bets on Falling Oil Stock Prices

Crude oil traded around $53.14 a barrel early Monday, down about $5 in the past week and about $3 short of a 52-week low posted last June. Over the past ...
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Oil Majors Slammed as Crude Enters Fifth Straight Day of Selling

It turns out that those temporary inflation fears that pop up from time to time get a reprieve every time the price of oil tanks. The price of crude oil ...
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Why Wall Street Wants to Stick With Baker Hughes

When oilfield services company Baker Hughes Co. (NYSE: BKR) reported fourth-quarter results on Wednesday, it became the sole member of a club comprised of big oilfield services companies that posted ...
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Kinder Morgan Stock Reflects Sliding Debt, Higher Dividends

Kinder Morgan Inc. (NYSE: KMI) reported fourth-quarter and full-year 2019 results after markets closed Wednesday. The midstream giant posted adjusted earnings per share (EPS) of $0.27 per share on revenues ...
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Why $2 Billion Impairment Charge Isn’t Hurting Halliburton Stock

Halliburton Co. (NYSE: HAL) reported fourth-quarter 2019 results before markets opened Tuesday. For the quarter, the oil and gas services company posted adjusted diluted earnings per share (EPS) of $0.32 ...
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Why Schlumberger Earnings Were So Great

Schlumberger Ltd. (NYSE: SLB) released its fourth-quarter financial results before the markets opened on Friday. The company said that it had $0.39 in earnings per share (EPS) and $8.23 billion ...
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Why BP Stock Could Bring 25% Upside and Maybe a Higher Dividend in 2020

With stocks generally rising in 2020, investors are still looking for new ideas after a stellar gain of almost 29% in the S&P 500 for all of 2019. Most stocks ...
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Beyond Carbon Neutral: Microsoft Seeks to Be Carbon Negative

It seems that environmental, sustainability and governance (ESG) themes in corporate America are getting increased attention in 2020. Companies are ramping up their environmental efforts with big financial commitments. More ...
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Is This the Quarter Schlumberger Turns It Around?

Schlumberger Ltd. (NYSE: SLB) is scheduled to release its fourth-quarter financial results before the markets open on Friday. The consensus estimates are calling for $0.37 in earnings per share (EPS) ...
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Despite Threats to Iraqi Supplies, Global Oil Markets in Good Shape: IEA

The U.S. drone attack that killed Iranian Lieutenant General Qasem Soleimani sent shivers through global oil markets earlier this month. Crude prices had been climbing all through December following the ...
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Why Raymond James Top MLPs to Buy Also May Be 2020 Best Income Ideas

With the new decade off and running, and the stock market trading at some of the highest levels ever from a metrics standpoint, the search for relative value is on. ...
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OPEC Forecasts Higher Demand for Crude as Global Economy Improves

The Organization of the Petroleum Exporting Countries (OPEC) saw the price of its reference basket of crude oil components rise by 5.6% to 66.48 a barrel in December, following a ...
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Short Sellers Move Back Into Oil Stocks as Crude Prices Slip

Crude oil traded around $59.00 a barrel early Monday, down more than $6 since a weekly high of around $65.50 in the past week but still less than its 12-month ...
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Merrill Lynch Remains Hopeful on Big Oil and Gas Valuations but Downgrades Chevron and Others

When investors see gains of close to 23% on the Dow Jones industrials and over 28% on the S&P 500, they generally assume that all or most sectors in the ...
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