Text size Energy stock profits rose nearly 300% during the second quarter, nearly 10 times faster than the next sector, industrials. Oliver Bunic/Bloomberg It has been a boom-and-bust year for oil sto...
Tag: ConocoPhillips
3 New Lost Formula Stocks To Consider For August
Summary ConocoPhillipsCOP , Heartland Express and Archer Aviation recently qualified for the screener. Market indexes rose on Tuesday as, along with a new batch of earnings and economic data, investor...
A Recession Is Coming. These Are the Stocks to Hunker Down In.
Eli Salzmann loves nothing better than finding a company that’s a “dog of a stock with no momentum” but on the verge of better days. At its core, that is what value investing is all about. Over the co...
Big Oil Could Pay Up to $25 Billion in New Taxes Under Dems’ Inflation Bill
Text size An oil pumpjack Spencer Platt/Getty Images Oil stocks were poised to open lower Monday as investors reacted to the news that the Democrats’ climate change measure could cost oil companies, b...
This Stat Shows Why Analysts Are Bullish on Energy Stocks
Text size Analysts are more bullish about energy companies than are investors. (Photo by Justin Sullivan/Getty Images) Getty Images Energy stocks make up just 4% of the S&P 500 but are expected to...
Natural Gas Stocks Are Beating Oil Names. Here’s Why.
Text size Unlike oil, natural gas has no cartel to stabilize prices, so they are likely to remain volatile. Joe Raedle/Getty Images) Oil prices have traded lower for most of July, with U.S.-traded cru...
Is Warren Buffett’s Favorite Stock Overbought? Occidental Petroleum Gets Downgrade From Analysts
Topline Shares of Occidental Petroleum, a favorite of billionaire investor Warren Buffett, fell 2% on Monday after Goldman Sachs analysts downgraded the stock and warned valuations look less attractiv...
Uber, DoorDash, Coinbase and more
Uber Eats delivery Jonathan Raa | NurPhoto via Getty Images Check out the companies making headlines in midday trading. Uber, DoorDash – Shares of Uber slumped 4.3% and DoorDash fell 7.4% on news that...
Oil stocks, Ford, Crocs and more
Check out the companies making headlines in midday trading. Ford Motor — Shares of the carmaker dropped nearly 3% and hit a new 52-week low after the company reported a slight increase in new vehicle ...
Proppant Movement In Frac Casing Including Runaway Perforations And Limited Entry.
Massive frac-pumping equipment in a modern Marcellus gas shale well. Universal Pumping Services. Perforations are the tiny holes in the casing of a well that produces oil or gas. The perforations allo...
Chevron, Micron and 18 More Stocks Goldman Recommends to Ride Out the Storm
Text size Qualcomm is one of the 20 stocks on Goldman Sachs’ ‘margin of safety’ list. Pau Barrena /AFP via Getty Images Exxon Mobil , Qualcomm , Micron and Chevron are just some of t...
This trader predicted the bond meltdown, tech selloff and oil’s surge. Here’s what she says is coming next.
Fade the Fed anyone? Stocks are headed south, following a big Wall Street rally stemming from perceptions Federal Reserve Chair Jerome Powell and co. may be less hawkish than markets think. A short-li...
Oil Stocks: BP Pops On Q1 Report Q1, With Shell, ConocoPhillips Earnings On Tap Amid High Oil Prices
BP (BP) reported mixed Q1 results early Tuesday, logging a massive profit for the quarter amid an even larger write down on assets in Russia. Shell (SHEL) and ConocoPhillips (COP) are on tap early Thu...
Twitter, Coca-Cola, Warner Bros. Discovery and more
Check out the companies making headlines in premarket trading. Coca-Cola — Shares of Coca-Cola rose about 1% after the company beat analysts’ expectations on the top and bottom lines in the rece...
Robinhood, Chewy, RH, Lululemon and more
Vlad Tenev, CEO and co-founder Robinhood Markets, Inc., is displayed on a screen during his company’s IPO at the Nasdaq Market site in Times Square in New York City, U.S., July 29, 2021. Brendan McDer...
How to Make Oil Stock Volatility Work for You
Text size A Diamondback Energy oil rig in Midland, Texas. Callaghan O’Hare/Bloomberg With oil prices rising and falling dramatically, it can be hard to get a handle on oil stocks. One strategy: ...
Oil stocks, Bed Bath & Beyond, Visa and more
Take a look at some of the biggest movers in the premarket: Chevron, Exxon, Phillips 66 — Oil stocks rose broadly in premarket trading after energy prices surged overnight, with U.S. benchmark West Te...
ConocoPhillips Is Selling Energy to a Crypto Mining Firm
ConocoPhillips – one of the biggest producers of oil and gas in the world – is entering the crypto mining space. The company announced early last week that it is heading a bitcoin mining pilot project...
$120B Oil and Gas Behemoth ConocoPhillips Joins Bitcoin Mining Business
One of the biggest oil and gas exploration companies, ConocoPhillips, is getting into Bitcoin mining. It will be using its extra gas to power Bitcoin mining activities. In a report by CNBC, the Compan...
ConocoPhillips Selling Excess Gas to a Bitcoin Miner in North Dakota
So-called flaring, where excess natural gas is burned off into the atmosphere as part of oil drilling operations, has become standard industry practice because of the lack of transportation infrastruc...
$120B Oil and Gas Giant ConocoPhillips Joins The Bitcoin Mining Fuel Business ⋆ ZyCrypto
Advertisement     ConocoPhillips, one of the world’s largest independent oil and gas exploration companies is utilizing its extra gas to power Bitcoin mining. Accordin...
ConocoPhillips is powering a bitcoin miner in North Dakota
ConocoPhillips Co (NYSE: COP) is supplying extra gas from one of its projects in the Bakken region to power a bitcoin miner in North Dakota, the oil and gas giant announced on Tuesday. ConocoPh...
Buy ConocoPhillips
Photo by David McNew/Getty Images Getty Images The energy sector has been the clear leader in 2022, rising 22.2% in only five weeks. Below, we see the monthly graph of ConocoPhillips. Note the breakou...
U.S. Stock Futures Poised for Lower Open on Monday
Stocks are poised to open lower on Monday. Michael Nagle/Bloomberg Text size Here’s what you need to know to navigate the markets today. • U.S. stocks are set to open Monday slightly down. On Sunday n...
Change is coming to business
From high-profile figures such as Greta Thunberg to events like the COP26 summit, discussions about sustainability, the environment and climate change are perhaps more visible than ever before. As the...
Activision Blizzard, Goldman Sachs, Peloton, Moderna and more
A Peloton office sign is seen near a person riding a bicycle as the city moves into Phase 3 of re-opening following restrictions imposed to curb the coronavirus pandemic on July 16, 2020 in New York C...
One of the World’s Dirtiest Oil Patches Is Pumping More Than Ever
TORONTO—Major oil companies, under pressure from investors and environmentalists, are fleeing Canada’s oil sands, the fourth-largest oil reserve in the world and by some measures one of the most envir...