Topline The Biden Administration approved a multibillion-dollar oil drilling project in Alaska on Monday, known as the Willow project, a move that will appease Alaskan lawmakers while angering climate...
Tag: ConocoPhillips
Controversial Alaska Oil Drilling Project Could Be Approved Monday—Here’s What You Need To Know
Topline The Biden Administration is reportedly set to approve a multibillion-dollar oil drilling project in Alaska on Monday, known as the Willow project, a move that would appease Alaskan lawmakers w...
Inside Venezuela’s Contradictory Oil Industry
A man carries buckets while working to clean up an oil spill near a pipeline of state-owned … [+] Petroleos de Venezuela (PDVSA) in Voladero, Monagas state, Venezuela, on November 5, 2021. ̵...
Cramers lightning round: Parker-Hannifin is a buy
Parker-Hannifin Corp: “It’s just the kind of industrial I’ve been recommending. … I would buy it here.” Conocophillips: “That thing is like a fine Merlot, my friend...
ConocoPhillips stock edges up as profit and production rose, but came up shy of expectations
Shares of ConocoPhillips COP, -4.76% edged up 0.3% in premarket trading, after the energy exploration and production company reported fourth-quarter profit and production that rose, as realized prices...
Biden moves toward approval for Alaska oil drilling project
Alaskan oil extraction site. Lowell Georgia | Getty Images President Joe Biden’s administration on Wednesday recommended a scaled-down version of a major oil drilling project in the North Slope ...
Energy Sector Predictions For 2023
MOJAVE, CA – NOVEMBER 15: A large array of solar panels, located one hour north of Los Angeles in … [+] Kern County, is viewed on November 15, 2022, near Mojave, California. Due to demand,...
ConocoPhillips in Talks to Sell Venezuelan Oil in U.S. to Recover Billions It Is Owed
ConocoPhillips, which abandoned Venezuela after its assets were nationalized in 2007, is now open to a deal to sell the country’s oil in the U.S. as a way to recover the close to $10 billion it is owe...
20 big oil companies expected to be cash gushers in 2023 despite uncertainty
The energy sector of the S&P 500 has been the year’s best performer, yet oil stocks still appear to be inexpensive when compared with those in other industries. If you are interested in investing ...
Black Friday Has Lost Its Punch for Retailers and the Economy
This commentary was issued recently by money managers, research firms, and market newsletter writers and has been edited by Barron’s. Black Friday Said What? Talking Points BMO Capital MarketsNo...
Citigroup, Manchester United, Nordstrom, Tesla and more
Check out the companies making headlines in midday trading Wednesday: Citigroup — The stock dropped 2.3% after Citigroup was told it must address weaknesses in its management of financial data by U.S....
Exxon Mobil, Chevron, ConocoPhillips Slapped With Shareholder Resolutions Over Secretive Tax Practices
Oxfam filed shareholder resolutions against oil giants Exxon Mobil Corp (NYSE: XOM), Chevron Corporation (NYSE: CVX), and ConocoPhillips (NYSE: COP), alleging a lack of transparency over their global ...
The 4 Hottest Dividend Announcements This Week: ConocoPhillips, Petrobras and More
By Davit Kirakosyan and Sarina Isaacs Investing.com – Here is the week’s hottest dividend news from this past week, plus the most important buybacks, first covered on InvestingPro+. Dividends Co...
Oil Companies Lift Their Dividends as Cash Rolls In
It was a busy week for dividend increases at energy companies, a bonus for investors who have scored as the stocks have taken off this year. The sector is prospering as Russia’s war against Ukraine ha...
ConocoPhillips stock rallies toward a record after profit beat, raised dividend and $20 billion boost to repurchase program
Shares of ConocoPhillips COP, +7.09% ran up 1.8% into record territory in premarket trading Thursday, after the oil producer reported third-quarter profit and production that beat expectations, booste...
Peloton, Tesla, Viasat, Wells Fargo, Box and more
A Tesla electric vehicle at a supercharger station in Hawthorne, California, on Aug. 9, 2022. Patrick T. Fallon | AFP | Getty Images Check out the companies making the biggest moves midday Monday: Cre...
$80 Oil Could Be Here to Stay. These Stocks Stand to Gain.
Text size The Inglewood Oil Field in Los Angeles. Mario Tama/Getty Images Countries can’t control the price of oil, but they can nudge it in one direction or another. And the latest signals from some ...
Cisco And Four Other Fat-Margin Buys
A Texas Instruments circuit board.Photographer: Chris Ratcliffe/Bloomberg © 2021 Bloomberg Finance LP The point of business is not revenue or growth. It’s profit. If oil sells for $80 a barrel, and yo...
Kohl’s, Broadcom, Lululemon and more
People walk near a Kohl’s department store entranceway on June 07, 2022 in Doral, Florida. Joe Raedle | Getty Images Check out the companies making the biggest moves midday: Kohl’s — Share...
Venezuela Ordered to Pay ConocoPhillips $8.7 Billion Over Asset Seizures
(Bloomberg) — A judge in Washington, D.C., ordered Venezuela to pay about $8.7 billion to ConocoPhillips as compensation for seizing the energy company’s interests in oil projects. Most Read fro...
The Stock Market Couldn’t Handle the Uncertainty. It Better Learn How.
Text size It’s a market with big drops but big rips, as well, one that forces investors to accept low returns from index funds or try to take a more tactical approach. Michael Nagle/Bloomberg Call it ...
Tesla, AMC, Energy Stocks, and More Stock Market Movers Friday
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