Text size Warren Buffett’s Berkshire Hathaway purchased more Occidental Petroleum stock. AFP via Getty Images Warren Buffett’s Berkshire Hathaway disclosed the purchase of another large block of...
Tag: fossil fuels
These 10 stocks from a sector that is a bear-market bulwark have upside potential of up to 30%
During times of uncertainty, it can help to look at what happened during other down cycles for stocks. True, we don’t know when the stock market will hit bottom during this cycle, or if it already has...
Energy Stocks Are Cheap. Just Ask Warren Buffett.
Energy stocks are on sale, after a sharp selloff since oil and natural-gas prices peaked in early June. Oil is down 18% from its high, to $102 a barrel, while gas has fallen by a third, to about $6 pe...
Buffett Bought More of Occidental. Here’s What Happened With HP, Citi, Coke.
Text size Warren Buffett has losses as well as wins on his record of stock picking. AFP via Getty Images Billionaire investor Warren Buffett disclosed that he has increased his stake in Occidental Pet...
Berkshire Holds Over 18% of Occidental After Fresh Buys
Text size Berkshire CEO Warren Buffett likes Occidental and has been adding to the company’s stake since the holding was disclosed in early March. Paul Morigi/Getty Images for Fortune/Time Inc Berkshi...
Energy Inflation, Energy Security, And When Fossil Fuel Is Not Coming To A Dead End.
LNG import terminal in Rotterdam, Netherlands. dpa/picture alliance via Getty Images Energy inflation. Inflation in Consumer Price Index (CPI) reached 8.5% per year in May 2022, and is on everyone’s m...
Why crude released from U.S. oil reserves may have ended up being exported overseas
U.S. drivers had high hopes that the historic release of oil from the nation’s Strategic Petroleum Reserve would help ease triple-digit prices of crude oil and reduce gasoline prices at the pump, but ...
Opinion: It’s time to buy the selloff in energy stocks, starting with these 4 names
It’s never really a bear market until all the stragglers get taken out and shot. So it was just a matter of time before energy stocks, the big winners for much of the first half of this year, got nail...
Car quality is slipping: These are the brands with the most and least complaints, study finds
New car owners are experiencing more problems in the first 90 days of ownership than ever before. Buick took the top spot in the 2022 J.D. Power Initial Quality Study, but the headline isn’t the winne...
European natural gas prices surge as Norwegian outage adds to supply woes
Natural gas prices in Europe surged on Monday to their most expensive since the early stages of Russia’s invasion of Ukraine as proposed strikes in Norway increased fears about inadequate supply. Natu...
Falling Commodity Prices Raise Hopes That Inflation Has Peaked
A slide in all manner of raw-materials prices—corn, wheat, copper and more—is stirring hopes that a significant source of inflationary pressure might be starting to ease. Natural-gas prices shot up mo...
Big Insider Buys of Oil and Solar Stocks Are Plays on Russia Sanctions
Text size Crude-oil storage tanks at a Plains All American Pipeline facility. Angus Mordant/Bloomberg Insiders have snapped up stock of two companies whose prospects have brightened due to Russia’s in...
Buffett’s Berkshire Hathaway Buys More Occidental Petroleum Stock
Text size Warren Buffett hip Somodevilla/Getty Images Berkshire Hathaway continued to buy more shares of Occidental Petroleum in recent days, purchasing a total of about $580 million of stock on Wedne...
Russia Takes Control of International LNG Project
Russia took control of the international consortium behind the giant Sakhalin-2 oil-and-natural-gas project, handing it to a new Russian entity that will effectively give the Kremlin say over which fo...
Opinion: Sell Exxon Mobil and other energy stocks before these headwinds hit prices once again
Energy stocks have been the star investment this year. Now it’s time to sell them and electrify your portfolio before investors once again focus on the industry’s long-term headwinds. There are a hos...
This veteran money manager has seen it all. And these 19 dividend stocks pass his rigorous quality screen right now.
Lewis Altfest’s time in the finance industry spans seven decades. He has some words of advice for investors who aren’t used to stomach-churning stock-price moves. He founded Altfest Personal Wealth Ma...
Berkshire Holds 16.4% of Occidental Petroleum After Recent Purchase
Text size Buffett likes American companies, and Occidental gets the vast bulk of its energy production domestically. Johannes Eisele/AFP/Getty Images Berkshire Hathaway continued to add to its stake i...
Russian Gas Cuts Threaten World’s Largest Chemicals Hub
LUDWIGSHAFEN, Germany—For years, BASF SE one of the world’s largest chemicals companies, built its business model around cheap and plentiful Russian natural gas, which it uses to generate power and as...
Energy Stocks Oneok and Chesapeake Energy Are Down. Execs Bought Up Shares.
Text size Energy firms Oneok and Chesapeake Energy saw large insider share purchases. Dreamstime.com Two energy firms caught up in a recent price slump saw large insider share purchases. President Joe...
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...
Opinion: ‘Quality’ companies are getting stronger yet their shares are down in this selloff. This is how to find the bargains.
If you’re a long-term investor, this year’s selloff is good news because it offers a great chance to pick up quality companies at a discount. But wait a second. If a company is “high quality,” why wou...