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...
Tag: Energy
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...
Bitcoin Mining Green Energy Properties Continue to Improve
The environmental, social, and governance (ESG) properties of Bitcoin mining continue to get better, according to recent findings. However, that doesn’t stop mainstream media from telling people that ...
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...
America is more energy independent than ever
A recent Citibank research note got my attention. “Total gross crude and other liquid exports hit a record of 11.128 million barrels per day, more than the total output of either Russia or Saudi Arabi...
Daniel Yergin Talks CERAWeek, Energy Security And The Energy Transition
S&P Global Vice Chairman Daniel Yergin listens during CERAWeek, an international energy conference, … [+] in Houston, Texas, on March 6, 2023. (Photo by Mark Felix / AFP) (Photo by MARK FELI...
European companies showing ‘surprise resilience’ — and better value than the U.S.
A trader works as a screen displays the trading information for BlackRock on the floor of the New York Stock Exchange (NYSE) in New York City, October 14, 2022. Brendan McDermid | Reuters LONDON — Eur...
Bitcoin Mining Firm TeraWulf Utilizes Nuclear Energy in Pennsylvania
10 seconds ago | 2 mins read Bitcoin News The plant with a hash rate capable of 1.0 EH/s, is currently running on 100% nuclear energy. Almost 8,000 miners are employed by the mining company. Bitcoin’...
SLB Rolls Out Cement Alternative At CERA Week
Cement being poured by a cement truck. getty As the annual CERAWeek conference kicked off Monday morning, international energy service technology company SLB (formerly Schlumberger) made news with an ...
Why the stock-market rally can keep going, says Morgan Stanley strategist who only recently warned of a death zone
On the heels of last week’s losing-streak breaking rally, investors look headed for the sidelines on Monday. Apart from an underwhelming growth forecast from China over the weekend that’s knocking oil...
So, You Want To Be An Energy Pundit
PARIS – APRIL 7 : (FILE PHOTO) Author Jeremy Rifkin poses in his office in Paris on April 7, 2005 in … [+] Paris, France. (Photo by Ulf Andersen/Getty Images) Getty Images In the last half...
Top Energy Stocks for March 2023
The energy stocks with the best performance over the past 12 months include Argentine firm YPF SA, refiner PBF Energy Inc., and Texas liquefied natural gas transporter GasLog Partners LP, which have a...
Plug Power stock dips on revenue miss, but execs stick with annual sales forecast as new factory ramps up
Green-energy provider Plug Power Inc. on Wednesday stuck with its full-year sales forecast, despite fourth-quarter sales missing expectations. The company — which sells renewable hydrogen fuel and fue...
This under-the-radar renewable energy stock could rally 25%
Shares of Ormat Technologies Inc (NYSE: ORA) are trading up this morning after a UBS analyst turned bullish on the renewable energy company. Ormat stock is trading at a discount On Tuesday, Jon Windha...
London’s Energy Week Is A Lesson In Cognitive Dissonance
A climate activists from the Extinction Rebellion group.. (Photo by JUSTIN TALLIS / AFP) (Photo by … [+] JUSTIN TALLIS/AFP via Getty Images) AFP via Getty Images The slogan for London’s prestigi...
Aston Martin shares surge on profitability forecast for 2023
The exterior of an Aston Martin store. Jeremy Moeller | Getty Images News | Getty Images LONDON — British luxury carmaker Aston Martin Lagonda forecasts better profitability this year, after widening ...
Time to buy these energy stocks with over 40% upside potential, analysts say
Energy stocks outperformed last year, with the sector generally gaining 59% in a year when the S&P 500 dropped 19%. That’s serious performance, the kind that will always delight investors, and it ...
Occidental raises dividend by 38%, announces $3B share buyback program
Shares of Occidental Petroleum Corp. OXY, -0.03% fell in the after-hours session Monday after the energy company reported profit and revenue below Wall Street expectations. Occidental also announced a...
Asia’s Hunger For Energy Will Not Save Russia’s Economy
OSAKA, JAPAN – JUNE 28: (RUSSIA OUT) Russian President Vladimir Putin (L), Indian Prime Minister … [+] Narendra Modi (C) and Chinese President Xi Jinping (R) pose for a group photo prior t...
What’s next for stocks as investors realize Fed’s inflation fight won’t end soon
The stock market is ending February on a decidedly wobbly note, raising doubts about the durability of an early 2023 rally. Blame stronger-than-expected economic data and hotter-than-expected inflatio...
Covid Likely Originated From Lab Leak, Energy Department Reportedly Finds—But Biden Aide Says There’s No ‘Definitive Answer’
Topline The U.S. Energy Department has concluded that the Covid-19 pandemic was most likely caused by a laboratory leak, the Wall Street Journal reported Sunday, though National Security Advisor Jake ...
Warren Buffett’s Berkshire Hathaway is the largest investor in these 8 stocks
As 2022 wrapped, Warren Buffett’s Berkshire Hathaway was the largest shareholder of eight stocks that include traditional oil companies and financial-services giants. “Berkshire now enjoys major owner...
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...