Russia’s aggressions in Ukraine prompted reactions from companies such as BP and United Parcel Service as well as Norway’s sovereign wealth fund as the world continues to raise pressure on President V...
Tag: integrated oil
Oil Is Surging. Why Oil Stocks Are Down.
Text size Oil prices are higher, but concerns about economic growth are weighing on oil stocks. Mario Tama/Getty Images Oil prices soared on Thursday after Russia invaded Ukraine. But oil stocks were ...
Oil is the hottest sector, and Wall Street analysts see upside of up to 48% for favored stocks
Energy is the best-performing stock-market sector this year. Given today’s strong economic growth and inflation, many believe oil prices could remain at current levels for years or maybe even move hig...
Exxon Remakes Corporate Structure Ahead of Tuesday Earnings
Text size Exxon Mobil is moving its headquarters. Spencer Platt/Getty Images Exxon Mobil is remaking its corporate structure, elevating its low-carbon operations to its own division, and even moving i...
With Chevron Stock Near Record Highs, Analysts Are Divided
Text size A Chevron petroleum storage tank in Fort Lauderdale, Fla. The oil giant missed analysts’ earnings estimates when it reported fourth-quarter results on Friday. Joe Raedle/Getty Images C...
U.S. Stock Futures Poised for Lower Open on Monday
Stocks are poised to open lower on Monday. Michael Nagle/Bloomberg Text size Here’s what you need to know to navigate the markets today. • U.S. stocks are set to open Monday slightly down. On Sunday n...
Comcast, Chevron, and 7 More Companies That Just Boosted Their Stock Dividends
Text size Comcast raised its dividend this week. Jeff Fusco/Getty Images for Comcast Chevron , Comcast , and Kimberly-Clark were among the many U.S. companies that declared dividend increases this wee...
‘We Were Wrong’ About Exxon’s Prospects, Analyst Says
Text size Scott Olson/Getty Images A former bear on Exxon Mobil has changed his tune, and acknowledged that he underestimated the company’s comeback last year. RBC Capital Markets analyst Biraj Borkha...
Exxon Could Go Even Bigger on Its Dividend
Text size David Paul Morris/Bloomberg Oil companies used to compete on how much crude they could produce. Now they’re competing on how much cash they can send back to investors. That dynamic could pay...
Tesla, Novavax, Exxon Mobil: What to Watch When the Stock Market Opens Today
Updated Jan. 3, 2022 7:22 am ET Stock futures are rising ahead of the first trading session of the new year. Here’s what we’re watching in Monday’s action: Tesla TSLA -1.27% shares jumped 7.6% ahead o...
How Oil Could Hit $150. It’s Not Just About Russia.
Text size West Texas intermediate crude oil was trading near $94 a barrel on Monday. Spencer Platt/Getty Images By one measure, oil prices could rise to $150 a barrel this year, which would be the hig...