Big Oil’s Big Paradox: Record Profits, Low Stock Valuations

Big Oil has never been more profitable, but it has hardly ever been a smaller part of the stock market. That’s enough to make industry executives feel unappreciated. “We’re grossly undervalued,” says ...

Indian tycoon Adani hit by more losses, calls for probe

Shares in troubled Adani Enterprises gyrated Friday, tumbling 30% and then rebounding after more than a week of heavy losses that have cost it tens of billions of dollars in market value. The company,...

BlackRock Sees Opportunities in Energy and Healthcare Stocks in 2023

Navigating markets in 2023 demands a new investment playbook, one that favors the healthcare and energy sectors along with short-term government bonds and investment-grade credit, according to BlackRo...

Exxon and Oil Giants to Post Stunning Earnings

A warning from President Biden could dampen the party atmosphere for Big Oil’s expected third-quarter earnings bonanza. Biden, who is worried about high gasoline prices, said last week that oil compan...

5 Energy Companies That Could Lift Shareholder Payouts

Text size Shell has a dividend yield is 3.6% today and could raise it, says Cowen analyst Jason Gabelman. John Thys/AFP via Getty Images Several big energy companies could announce larger returns to s...

Natural Gas Prices Are Soaring on Russian Supply Cuts. The West Is Holding Firm.

Russia has cut European Union–bound natural-gas exports to 20% of last year’s level. Krisztian Bocsi/Bloomberg Text size Stymied for the moment on Ukraine’s battlefield, Vladimir Putin is escalating h...

One of the World’s Dirtiest Oil Patches Is Pumping More Than Ever

TORONTO—Major oil companies, under pressure from investors and environmentalists, are fleeing Canada’s oil sands, the fourth-largest oil reserve in the world and by some measures one of the most envir...