Halliburton, Schlumberger, and Other Energy Stocks Poised to Keep Growing Earnings

Several energy companies are expected to post record earnings in 2022. Exxon Mobil alone is on track to make about $60 billion. But 2023 is a different story. While the setup is still very strong for ...

Second-Largest U.S. Pension Buys Up Rivian, Snowflake, Airbnb, and Noble Stock

America’s second-largest public pension by assets recently increased its investments in some of the market’s more volatile stocks. The California State Teachers’ Retirement System doubled its stakes i...

U.S. Natural-Gas Pioneer Struggles in His Second Act

Charif Souki has played a starring role in transforming America into an energy powerhouse, but his second attempt at exporting natural gas is foundering. Mr. Souki’s new firm, Tellurian Inc., is strug...

Opinion: Oil companies can’t just ‘drill baby drill’ at will. Here’s what it really takes to ramp up energy production.

As energy prices rage, President Biden and Republicans have urged companies to increase drilling to lower oil and gasoline prices from 14-year highs. But it’s not that simple. Even after permits are a...

Shale Drillers Warn of Higher Costs as They Report Record Profits

Shale companies are reporting banner profits but are warning that inflation in the oil patch is leading them to increase their spending. Oil prices hovering around $110 a barrel in the second quarter ...

America’s New Energy Crisis – WSJ

America is wrestling with the worst energy crisis in nearly five decades, a period of high prices and limited supply. What makes this crisis different than the troubles that roiled the country in the ...

These 20 stocks still have at least 48% upside, analysts say, despite the S&P 500’s 8% gain from its lows

The S&P 500 has climbed 8% since June 16, when it closed at its lowest point this year. While the benchmark index is still down 17% this year, analysts expect it to soar 21% over the next 12 month...

Oil Doesn’t Have to Boom for These Companies to Thrive

Oil-and-gas companies aren’t anywhere close to drilling as much as they did in 2014, but some oil-field service companies are squeezing out profit as if they were. Schlumberger said on Friday that its...

Oil Tanker Is Stopped by U.S. in Transit From Russian Port to New Orleans

U.S. authorities have stopped a ship traveling from Russia to Louisiana with a cargo of fuel products, say people familiar with the matter. The Daytona tanker is owned by Greek shipowner TMS Tankers L...

Small-cap growth stocks are at their lowest P/E valuation in at least 24 years.

Growth stocks typically trade at premium prices. But in this market, rising interest rates have turned small-cap growth stocks into a bargain group. This may be a beautiful setup for long-term investo...

Johnson & Johnson, Schlumberger Boosted Dividends

Johnson & Johnson, Southern Co., and Schlumberger were among the large U.S. companies that declared dividend this week. Healthcare conglomerate Johnson & Johnson (ticker:JNJ) plans to boost it...

Oil Service Stocks Are Gaining Steam. These Are the Ones to Watch.

Text size Prices and margins are improving for companies like Haliburton. Dreamstime Oil services and equipment companies slimmed down after the last oil bust, and that’s left them looking lean as oil...

Why Schlumberger and Other Oil Services Firms Are Early in Their Comeback Story

Text size Schlumberger well service trucks. A Piper Sandler analyst thinks Schlumberger stock could rise 29%. Dreamstime Companies producing and selling oil have been the most prominent beneficiaries ...

How Rising Oil Prices Turned This Texas Scrubland Into an Energy Stock Worth Fighting Over

An unexpected consequence of Russia’s invasion of Ukraine was to turn a Gilded Age Texas failure into a modern jackpot. The demand for non-Russian oil and natural gas has ignited the value of 880,000 ...

Frackers Say Bottlenecks Impede Output Boost as Oil Prices Soar

American shale drillers say there are limits to how much and how quickly they can boost shaky oil supplies following Russia’s invasion of Ukraine, cautioning that supply-chain issues, investors wary o...

As BP Exits Russia, Other Oil Companies Face Risks Too

Text size Shell has a big stake in a Russian liquefied natural gas project. Jeff J Mitchell/Getty Images Oil companies haven’t been this financially strong in decades. They also haven’t been as politi...

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...