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...
Tag: SHEL.LN
For Nvidia Stock, It’s Game On!
These reports, excerpted and edited by Barron’s, were issued recently by investment and research firms. The reports are a sampling of analysts’ thinking; they should not be considered the views or rec...
BP Cuts Long-Term Oil and Gas Demand Outlook. It’s Good News for Renewables.
BP lowered its long-term oil and gas demand outlook as it said Russia’s war in Ukraine will accelerate the global shift toward renewable energy in a report Monday. In its 2023 energy outlook, the Brit...
BP and Shell vs. Exxon and Chevron: The Mystery of Big Oil’s P/E Gap
Last year, global oil companies boomed. BP and Shell both based in London, saw share prices rise some 40% in 2022 and trade at five times forward earnings. U.S.-based Exxon Mobil soared nearly 80% and...
Shell to Pay $2 Billion in Windfall Taxes. Why the Stock Is Rising.
Shell Europe’s largest oil and gas company, said it will have to pay about $2 billion in additional taxes in the fourth quarter, but still sees strong earnings from natural gas trading for the period....
BP and Shell Are a Buy in 2023. Why They’re Cheaper Than U.S. Oil Giants.
It was a great year for oil companies such as Exxon Chevron Shell and BP But the giants of European energy are still trading at significantly lower valuations than their American counterparts, which m...
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...
Stock Market Looks Poised to Rally as Bond Yield Falls
Text size Michael Nagle/Bloomberg The worst may be over for the stock market. Key equity indexes continued their autumn rally, and there could be more gains before the end of the year, helped by conti...
This British Clean-Energy Developer Is Making Big Bets
Europe’s urgent rush for new energy sources since Russia invaded Ukraine is creating a wide range of investment opportunities, including some intriguing speculative plays. Clean-energy developer Ceres...
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...
8 Stocks That Look Like Good Buys as Natural-Gas Prices Get Pumped Up
Elias Stein Text size Two commodities that power the world are taking divergent paths, and it could have a big impact on consumers in the coming months. Crude oil is down some 25% from its highs, but ...
Senate Climate Bill Is a Boon for Fossil Fuels
WASHINGTON—Senate Democrats are moving forward on the costliest and most ambitious effort ever by the U.S. to address climate change—powered in part by benefits for fossil fuels and the broader energy...
Shell Posts Record Quarterly Profit of $11.5 Billion. Exxon and Chevron Are Next.
Text size Shell also announced plans to buy back a further $6 billion of shares. Getty Images Shell , the United Kingdom–domiciled energy giant, posted record quarterly earnings Thursday a day before ...
Shell Posts Record Quarterly Profit on Soaring Energy Prices
LONDON—Shell PLC reported a second consecutive record quarterly profit as the oil major benefited from soaring global energy prices and a continued rebound in the global economy. The London-based comp...
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...
TotalEnergies, Equinor, and Other Oil Companies With Attractive Dividends
Equinor, TotalEnergies, and Repsol are up sharply this year—but their solid dividend outlooks make them worth hanging onto. Even Kleppa/Oyvind Gravas, Woldcam AS Text size Some of Europe’s lesser-know...
Stocks Are Sinking and Rates Are Rising. It’s Painful, But We’re Heading for Normal.
Stocks and bonds are tumbling. Housing has weakened. And I haven’t heard a word about nonfungible cartoon monkey tokens in maybe three months. Strategists are now turning to truly bizarre assets—two I...