The energy sector was suffering a broad selloff Monday, as worries that the recent bank failures will trigger an economic slowdown which saps demand for crude oil. The Energy Select Sector SPDR exchan...
Tag: MRO
Level Up Your Supply Chain In 2023 With 5 Key Business Strategies
As industries have learned, both consumer and business needs can change in the blink of an eye, and supply chains must also be ready to turn on a dime when demand for goods hits an imbalance. We are a...
Energy Earnings Could Drop 11%
After two years of skyrocketing growth, oil and gas earnings are now past their peak. The good thing for the stocks is that the peak was remarkably high, and the decline is likely to be very gradual. ...
Marathon Oil Has the Stamina to Run Even Higher
Marathon Oil (MRO) looks like it is “off to the races” again as it has surged sharply higher in recent days. Let’s check the charts and indicators to see if we need to jump in now or...
Energy, Oil, And Gas: The Network Visibility Imperative
U.S. and global oil, gas, energy, and utility companies are looking at challenges in their markets, rarely seen in recent years. The complexity of delivering energy to previous high standards is stagg...
Oil and gas stocks suffer broad, sharp selloff as crude futures drop
The S&P 500’s energy sector was suffering a unanimous selloff, as crude oil CL00, -6.61% and natural gas futures NG00, -1.32% slumped amid growing demand concerns and as the Biden administra...
U.S. stock futures drop as Powell testimony looms, recession worries return to the spotlight
Recession worries were back in the spotlight for Wall Street on Wednesday, with equity futures and oil prices dropping, as investors looked ahead to Congressional testimony from Federal Reserve Chairm...
Oil stocks enjoy broad rally as crude prices jump, with Exxon Mobil at an 8-year high and Chevron at a record
The energy sector is on track to enjoy a unanimous rally Tuesday, as the European Union’s ban on Russian oil has sent crude oil futures surging. The SPDR Energy Select Sector ETF XLE, +1.00% ral...
Apple, IBM, and 14 More Companies That Raised Their Stock Dividends
Text size IBM plans to raise its dividend. Migel Medina/AFP via Getty Images Apple, International Business Machines, and Discover Financial Services were among the large U.S. companies that announced ...
Occidental, Devon, and 7 Other Energy Stocks That Look Particularly Cheap
Text size Energy stocks are undervalued, some analysts say. Callaghan O’Hare/Bloomberg Energy stocks were the S&P 500’s top performers last year, rising 48%. They’re leading the pack again i...
Though Cutoff from Western Support, The Airliners Russia Has Seized Could Still Fly for Years
An Aeroflot Airbus A320 takes off at Moscow’s Sheremetyevo international airport on June 14, 2017. / … [+] AFP PHOTO / Kirill KUDRYAVTSEV AFP via Getty Images Even before Russian President...
These 16 stocks in the S&P 500 crumpled at least 9% a day after the Fed raised rates
One day after U.S. stocks got a reprieve as the Federal Reserve lifted its target range for short-term interest rates by 0.75 percentage point, inflation fears built a new wall of worry to send U.S. s...