Warren Buffett’s Berkshire Hathaway Buys More Occidental Stock. How Much It Owns Now.

Berkshire Hathaway bought almost 6 million shares of Occidental Petroleum in recent days, bringing its stake in the big energy company to 200.2 million shares worth $12.2 billion, according to a filin...

Occidental Petroleum’s stock rises after Buffett boosts stake, CrowdStrike after earnings beat

These were some of the biggest movers and shakers in premarket trading Wednesday: Stock gainers: Occidental Petroleum Corp.’s stock OXY, -1.35% rose almost 3% premarket after filings disclosed that Wa...

Buffett’s Berkshire Buys More Occidental Stock. How Much It Owns Now.

Berkshire Hathaway bought almost 6 million shares of Occidental Petroleum in recent days, bringing its stake in the big energy company to 200.2 million shares worth $12.2 billion, according to a filin...

U.S. Shale Boom Shows Signs of Peaking as Big Oil Wells Disappear

HOUSTON—The boom in oil production that over the last decade made the U.S. the world’s largest producer is waning, suggesting the era of shale growth is nearing its peak. Frackers are hitting fewer bi...

An Offshore Oil Rebound Is Under Way. It’s Lifting These Stocks.

Text size Spending on offshore oil drilling is expected to rise in coming years. Carina Johansen/Bloomberg Offshore oil drilling has been growing slowly in recent years as energy companies have hesita...

Warren Buffett’s Berkshire Hathaway boosts its stake in Occidental Petroleum

Warren Buffett’s Berkshire Hathaway increased its stake in Occidental Petroleum Corp. in recent days. Berkshire bought about 5.8 million shares of Occidental in a series of purchases Friday, Monday an...

Berkshire Buys More Occidental | Barron’s

Berkshire Hathaway bought almost 6 million shares of Occidental Petroleum in recent days, bringing its stake in the big energy company to 200.2 million shares worth $12.2 billion, according to a filin...

20 income-building stocks that numbers say may become elite Dividend Aristocrats

Back in January, we took a deep look into three groups of Dividend Aristocrat stocks to show which ones had increased their payouts most significantly over the past five years. Now it is time for a fo...

The 20 worst U.S. stocks in February: the biggest loser dropped 35%

Updated with month-end prices. The euphoria of January reversed in February, with broad declines for stocks across the board as interest rates continued to rise. Bond interest rates are more attractiv...

Warren Buffett’s Berkshire Hathaway Could Get an Occidental Stock Payoff

One of Berkshire Hathaway’s best investments in the past five years was its purchase of $10 billion of Occidental Petroleum preferred stock paying an 8% dividend yield. Occidental Petroleum (ticker: O...

Natural-Gas Slump Could Last, Says Producer EQT

After soaring to 14-year highs in 2022, U.S. natural-gas prices have fallen 45% this year. The country’s largest gas producer doesn’t expect a rebound for many months. EQT (ticker: EQT), a Pittsburgh-...

Three Oil Stocks Exposed to Natural-Gas Plunge

Natural-gas prices have tumbled this year because of warm weather and high levels of gas in storage in Europe and elsewhere. U.S. prices are down 45% to $2.46 per million British thermal units. The dr...

Prudential, Corning, and 8 More Companies That Raised Their Stock Dividends

Prudential Financial, Phillips 66 Tractor Supply and Interpublic were among the various large companies that announced dividend increases this week. It continues to be a busy period for such moves as ...

Raytheon CEO Bought Up This Energy Stock

After a strong 2022, Phillips 66 stock recently slipped, and one director scooped up shares of the diversified-energy firm on the open market. Phillips 66 stock (ticker: PSX) surged 44% in 2022—a stro...

15 dividend stocks whose 5% to 10% yields appear safe in 2023 and 2024 by this analysis

Corrected dividend stock screen table, because Hanesbrands had eliminated its dividend on Feb. 2. See note above table. If you are investing in dividend stocks, the last thing you want to see is a com...

Europe bans Russian diesel, other oil products over Ukraine war

FRANKFURT, Germany — Europe imposed a ban Sunday on Russian diesel fuel and other refined oil products, slashing energy dependency on Moscow and seeking to further crimp the Kremlin’s fossil fuel earn...

There’s still too much risk in stock and bond markets. Earn this easy 4.5% return while you wait for stability, says trader who hit 2 big calls in 2022.

Ahead of major tech earnings later, Meta results are lighting up the Nasdaq Composite COMP, +2.97% for Thursday. The S&P 500 SPX, +1.40% is also up as investors take a glass-half full view of the ...

Meta, Merck, Apple, Alphabet, Amazon, and More Stock Market Movers

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Shell Posts Annual Profit Record of $40 Billion and Launches $4 Billion Buyback

Shell the oil and gas giant, posted a record annual profit of $40 billion and announced a new $4 billion share buyback program Thursday, sending the stock higher. British energy giant Shell (ticker: S...

Gas Prices Are Rising. Refiner Stocks Are Riding the Wave—for Now.

Gasoline prices have risen 41 cents a gallon in the past month to an average national price of $3.51. Summer driving could be pricier than many expect, though it’s unlikely to be as bad as last year, ...

Energy Earnings Could Drop 11%

After two years of skyrocketing growth, oil and gas earnings are now past their peak. The good thing for the stocks is that the peak was remarkably high, and the decline is likely to be very gradual. ...

Natural Gas Prices Are Dropping. What Comes Next.

The price of natural gas fell below $3 per million British Thermal Units for the first time since May 2021 on Wednesday, and it kept dropping on Thursday. It’s a stunning decline for a commodity that ...

3M, Lyft, Verizon, Lululemon, and More Stock Market Movers

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Halliburton, Schlumberger, and Other Energy Stocks Poised to Keep Growing Earnings

Several energy companies are expected to post record earnings in 2022. Exxon Mobil alone is on track to make about $60 billion. But 2023 is a different story. While the setup is still very strong for ...

EOG Resources Director Mike Kerr Buys Up Stock

Energy exploration and production company EOG Resources had a boffo 2022, and one of its directors made his second purchase of shares in three months. EOG stock (ticker: EOG) surged 46% last year, lif...

Bed Bath & Beyond, Virgin Galactic, Ford, and More Stock Market Movers Friday

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Exxon, Diamondback, and Coterra Stock Could Continue to Rally

U.S. energy stocks outperformed every other sector in the market in 2021 and 2022. That sets up a key test this year of the industry’s staying power. Not since 2010 has energy outperformed the broader...

BP and Shell vs. Exxon and Chevron: The Mystery of Big Oil’s P/E Gap

Last year, global oil companies boomed. BP and Shell both based in London, saw share prices rise some 40% in 2022 and trade at five times forward earnings. U.S.-based Exxon Mobil soared nearly 80% and...

Shell to Pay $2 Billion in Windfall Taxes. Why the Stock Is Rising.

Shell Europe’s largest oil and gas company, said it will have to pay about $2 billion in additional taxes in the fourth quarter, but still sees strong earnings from natural gas trading for the period....

Petrobras shares fall in Brazil after Lula removes oil giant from privatization list

SAO PAULO — Petroleo Brasileiro SA’s preferred shares PETR4, -6.45% fell 4% after Brazil’s new president removed the oil company, known as Petrobras, from a list of state-controlled businesses slated ...

Berkshire Hathaway Had a Strong 2022. What to Watch in 2023.

Berkshire Hathaway is coming off a strong year, one in which operating earnings climbed, investment activity picked up sharply, and the stock handily outperformed the S&P 500 The outlook for 2023 ...