Energy stocks have trailed the S&P 500 this year, as earnings for most companies are expected to fall from 2022 levels. The sector is healthy but investors are less interested now that oil and nat...
Tag: VLO
Gas Prices Are Rising. Refiner Stocks Are Riding the Wave—for Now.
Gasoline prices have risen 41 cents a gallon in the past month to an average national price of $3.51. Summer driving could be pricier than many expect, though it’s unlikely to be as bad as last year, ...
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. ...
Buy Valero And Interpublic Group Of Companies
Photo by Spencer Platt/Getty Images Getty Images The relative strength/seasonality screen applied to the sectors tells us that energy is top-ranked for December. Valero is number one in the energy sec...
Cash key for Chevron and Exxon Mobil as Truist raises stock price targets
Chevron Corp. and Exxon Mobil Corp.’s strong cash positions have prompted Truist Securities to raise its price targets for the oil and gas giants, as the stocks of both companies rallied toward fresh ...
The ‘Refiner’ Things in Life: 3 Oil Dividend Stocks With High Yields
High oil and gas prices are boosting the energy sector as these stocks have widely outperformed the S&P 500 Index. It’s no wonder: Demand for refined products remains strong and global suppl...
Buy Valero Energy And F5
Photo by Mario Tama/Getty Images Getty Images This is options expiration week (OPEX). OPEX weeks have an upward bias, but January has not been one of the stronger OPEX weeks. The S&P is likely to ...
Exxon, Diamondback, and Coterra Stock Could Continue to Rally
U.S. energy stocks outperformed every other sector in the market in 2021 and 2022. That sets up a key test this year of the industry’s staying power. Not since 2010 has energy outperformed the broader...