The energy sector was suffering a broad selloff Monday, as worries that the recent bank failures will trigger an economic slowdown which saps demand for crude oil. The Energy Select Sector SPDR exchan...
Tag: DVN
Stocks moving big after hours: ABNB, TRIP, DVN
The TripAdvisor homepage Daniel Acker | Bloomberg | Getty Images Check out the companies making headlines in extended trading. Airbnb — Shares of Airbnb jumped 10% after the company released fourth-qu...
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. ...
It’s Pharma Time: Why Merck and Lilly Stock Are Buys, but not Pfizer.
My 2023 biotech outlook calls for continued momentum in name changes. I just need to figure out what the stocks will do. Last year, Respira Technologies became Qnovia. It’s run by a former tobacco exe...
DVN Stock Headlines Big Week Of Energy Earnings; Lithium Giants Albemarle, Livent Also Set To Report
The stock market uptrend is still intact despite ugly earnings sell-offs for Google parent Alphabet (GOOGL), Microsoft (MSFT) and Meta Platforms (META). DVN stock headlines a busy week of oil and gas ...
DVN Stock Primes Buy Point As Devon Energy Looks To Transform America’s Heartland
Oil and gas leader Devon Energy (DVN) joined forces with industry peers Williams Cos. (WMB) and Oneok (OKE) to transform America’s heartland into a hub for energy technology startups. Meanwhile,...
Here are 5 reasons why energy stocks look like a buy despite rising 74% in a year
Stocks in the S&P 500’s energy sector still have plenty of upside despite their 74% surge in the past 12 months, according to Jeff Buchbinder, chief equity strategist at LPL Financial. The strong ...
Oil prices are down, but energy companies’ earnings estimates keep rising — these stocks are cheap
Oil prices have fallen from a peak earlier this year. But energy companies’ earnings estimates have kept rising on stronger demand and low capital spending. Below is a screen of large-cap oil stocks a...
Shale Drillers Warn of Higher Costs as They Report Record Profits
Shale companies are reporting banner profits but are warning that inflation in the oil patch is leading them to increase their spending. Oil prices hovering around $110 a barrel in the second quarter ...
These dividend stocks yield at least 5% and have plenty of room to raise payouts
This year’s stock price declines make for an increasing number of stocks with high dividend yields of at least 5%. Below is a screen that highlights 29 that appear to be able to raise their payouts co...
Oil and gas stocks suffer broad, sharp selloff as crude futures drop
The S&P 500’s energy sector was suffering a unanimous selloff, as crude oil CL00, -6.61% and natural gas futures NG00, -1.32% slumped amid growing demand concerns and as the Biden administra...
U.S. stock futures drop as Powell testimony looms, recession worries return to the spotlight
Recession worries were back in the spotlight for Wall Street on Wednesday, with equity futures and oil prices dropping, as investors looked ahead to Congressional testimony from Federal Reserve Chairm...
Diamondback Stock Jumps. Its Dividend Increase Is ‘Hard to Ignore.’
Diamondback Energy stock gained after announcing a dividend increase. Spencer Platt/Getty Images Text size Diamondback Energy surged on Tuesday after the oil explorer said it would increase its base d...
Exxon Gets an Upgrade, but Analyst Takes ‘Chips Off Table’ for 2 Other Oil Stocks
Text size Gas prices are displayed on a pump at an Exxon gas station in Washington, DC, on May 24, 2022. Stefani Reynolds / AFP via Getty Images Energy stocks have emerged winners in this period of vo...
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...
20 dividend stocks with high yields that are expected to raise payouts the most through 2024
There are different ways to select stocks based on dividends. An investor might look for companies paying high dividends, with the hope that payouts will keep rising. Or the investor might focus less ...