Oil and gas companies plan to increase their capital expenditure budgets in 2023 due to gains in crude oil prices, executives said in a recent Dallas Federal Reserve‘s energy survey. The majorit...
Tag: Energy
Ukraine, China And Europe Matter
Vintage illustration of a fortuneteller gazing into a crystal ball; screen print, 1920. (Photo by … [+] GraphicaArtis/Getty Images) Getty Images No one knows for sure what 2023 will bring to Wal...
The Year In Energy Prices
WASHINGTON, DC – MARCH 14: Prices for gas at an Exxon gas station on Capitol Hill are seen March 14, … [+] 2022 in Washington, DC. The cost of gasoline continues to rise across the globe a...
Leased electric vehicles now qualify for $7,500 tax break that kicks in Jan. 1
The U.S. Treasury Department will now allow electric vehicles that are leased to qualify starting Jan. 1 for up to $7,500 in clean vehicle tax credits. The law allows for a conditional $4,000 tax cred...
Energy Stocks Outshone Peers In 2022
Topline During the stock market’s worst year since 2008, energy stocks have greatly outperformed other assets, providing strong returns as investors piled into the sector amid political and economic t...
The Biggest Winners In 2022’s Energy Rollercoaster
On trip to the Kingdom, Biden greets Saudi Crown Prince Mohammed bin Salman with a fist bump. Anadolu Agency via Getty Images W hen U.S. President Joe Biden traveled to Riyadh in July to give him a fi...
Generac stock leads S&P 500 gainers after Janney says buy, citing ‘free option’ on clean energy
Shares of Generac Holdings Inc. surged Wednesday, after Janney analyst Sean Milligan said the sharp selloff this year has provided investors an opportunity to buy into an established brand with a domi...
The ‘Sleeping Giant Of Energy Storage’ Is Waking Up
A closed-loop pumped storage system promises to store large amounts of long-duration energy without … [+] disturbing river ecosystems. U.S. DOE A venerable energy-storage technology is getting a...
Putin’s energy blackmailing of Europe represents the ‘end of the global oil market,’ top energy historian says
To say that Vladimir Putin threw a wrench into the global energy market this year is an understatement. Since Russia’s invasion of Ukraine in February, Putin’s favorite tool to erode support for the c...
Are energy stocks worth owning for 2023?
Energy stocks did incredibly well this year mostly related to the ongoing Ukraine war and it’s reasonable to believe that they’ll continue to outperform in 2023 as well, says Bryn Talkington of Requis...
‘Auto makers are building more expensive vehicles’: Why you should not buy a new car in 2023
There are always good reasons for most people not to buy a new car. Such a purchase can set you back for years, as high monthly payments delay the buildup of savings and investments that will be neede...
Tesla Suspends Production in a Key Market
It’s been a nightmarish year-end for Tesla. It is the complete opposite of what its charismatic and visionary CEO, Elon Musk, promised in October. “We’re looking forward to a record...
This Giant Oil ETF Is Seeing Phenomenal Returns. Why It’s Far Outpacing the Price of Oil.
Shares of the United States Oil Fund surged last week, capping a phenomenal run in recent weeks that far outpaced meager gains in the price of oil. USO (ticker: USO), which holds over $2 billion in as...
Rivian Is Having a Horrible Year
What a horrible year: Rivian would be tempted to say. Everything went wrong on the stock market for the young electric vehicle manufacturer, considered one of Tesla’s most serious rivals. Let&...
Grading My 2022 Energy Predictions
Russian President Vladimir Putin chairs a meeting on the situation in the oil and gas sector at the … [+] Novo-Ogaryovo state residence outside Moscow, on April 14, 2022. – Putin called fo...
Why Energy Stocks Are Moving Up After The Most Recent Slump
| Getty Images Key Takeaways Last week, oil prices were down as American price caps on Russian oil were weaker than originally intended. In theory, this meant a more steady supply of oil and a lower l...
As Temps Drop, This Energy Play Should Be a ‘Peak’ Performer
The “Bomb Cyclone” that was slated to hit the country during the holidays seems an appropriate way to end 2022, which has brought little but bad tidings for investors. The artic blast has ...
Oil books biggest weekly gain since October as concerns rise over Russia supplies
Oil futures rose Friday, booking strong weekly gains, as concerns grew about a drop in Russian exports following the imposition of a price cap by G7 countries earlier this month. Russia’s deputy prime...
Elon Musk Warns About a Bad Decision
The deterioration of the economic climate has been one of the main concerns for investors for several months now. This is reflected in particular in the fall of nearly 33% of the Nasdaq 100 stock mar...
The Top 4 Dow Stock Winners of 2022
The Dow Jones Industrial Average (^INDU) began 2022 at its most robust ever. The blue chip index reached its all-time closing high at 36,799.65 points on Jan. 4, 2022. But from there, things got sha...
Expion360 stock skyrockets in active trading after exclusive lithium battery supply deal
Shares of Expion360 Inc. XPON, +139.19% rocketed 154.5% in very active midday trading Friday, enough to make them the biggest gainers listed on major U.S. exchanges, after the maker of lithium batteri...
If Energy Stocks Are Undervalued, Is Now The Time To Buy?
| Getty Images Key takeaways With oil prices dropping, it’s clear that oil as a commodity can be highly volatile since it’s strongly tied to supply and demand, along with other global factors. With fe...
Stocks remain overpriced, even vs. the dot-com bubble. But you can still find good picks in these 2 sectors.
After stocks surged to their best gains in three weeks following strong consumer sentiment data, Thursday is looking less spirited with stocks in the red as we close in on the long Christmas weekend. ...
Opinion: 11 predictions for money, technology, stocks and crypto for 2023
Here are some 2023 predictions for financial markets, the economy and stocks. I’ve spent the last year and a half being cautious in the wake of the Bubble-Blowing Bull Market that finally ended early ...