While the possibility of a price war within OPEC can’t be ruled out if this dispute lingers, many equity analysts are getting bullish about their favorite oil stocks. They see oil prices gaining further strength from growing demand coupled with supply constraints – a combination that is quite ...
which is a promise to deliver a certain amount of oil on a certain date for a certain price. In many places, such as the Chicago Mercantile Exchange, oil derivatives are traded on a physical floor, like stocks.
The decline in oil futures prices pressured oil and gas stocks. Shares of exploration and production company APA Corp. (APA) tumbled 4.5%, suffering the biggest decline of any stock in the S&P 500. APA's peers also lost ground—Diamondback Energy (FANG) shares dropped 3.4%. Ce...
Oil stocks: still time to get in? Recent sell-off looks to some like a buying opportunityBarbara Wall
:“[CEO] Jane Elfers is doing a great job. One quarter does not a stock make. I think you take advantage of it and buy it right here. It’s too low.” :“Don’t want to go to that one. I say sell, sell, sell. I’m not a big fan of the natural gas market.” ...
independent oil producer to resume its share buyback program after suspending it during last year's oil crisis. Conoco says it has resumed stock buybacks at an annualized rate of $1.5B, and also plans to sell off its Cenovus Energy (NYSE:CVE) stake in the current quarter and complete ...
Grasso likesAmazon's profit-making abilities, too, but felt better about putting his money in Apple right now. Kelly agreed, saying he likes Apple for its share buyback and large cash hoard. FollowTheStreet.comonTwitterand become a fan onFacebook. ...
NEW YORK (MarketWatch) - U.S. stocks closed lower Monday after a new storm pointing toward the already stricken Gulf of Mexico region drove prices of crude and gas sharply higher, sparking worries about lower consumer spending.
Premier Oil to buy Oilexco North Sea for $505 million Mar. 25, 2009 at 5:24 a.m. ETby Steve Goldstein Stocks in Canada fall, led by financials, tech sectors Feb. 13, 2009 at 6:00 p.m. ETby Polya Lesova Canadian stocks reverse gains and end down ...
Recommendations: Buy or sell Marathon Oil stock?Wall Street Stock Market & Finance report, prediction for the future: You'll find theMarathon Oil share forecasts, stock quote and buy / sell signals below. According to present dataMarathon Oil'sMROshares and potentially its market environment have...