|Bid||0.00 x 100|
|Ask||0.00 x 200|
|Day's Range||0.00 - 0.00|
|52 Week Range|
|Beta (3Y Monthly)||0.11|
|PE Ratio (TTM)||365.26|
|Forward Dividend & Yield||23.04 (1.67%)|
|1y Target Est||N/A|
Jim Cramer picks the energy sector's power players, which include shares of oil refiners as well as exploration and production entities.
Once a major producer and cog of economic growth, Alaska now accounts for only a small fraction of total U.S. crude oil output. Alaskan oil production has been in a downfall. Since peaking in 1988 when Alaska accounted for 25 percent of U.S. ...
Upstream energy stocks saw massive profit-booking last week after rising for the fourth consecutive week. The SPDR S&P Oil & Gas Exploration & Production ETF (XOP), which includes 56 upstream companies, fell 5.7% in the week. Last week’s decline can be attributed to the weakness in crude oil prices.
Once a major producer and cog of economic growth, Alaska now accounts for only a small fraction of total U.S. crude oil output. Alaskan oil production has been in a downfall. Since peaking in 1988 when Alaska accounted for 25 percent of U.S. domestic production, the state now produces only 7 percent of U.S. domestic crude.
For investors in Exxon Mobil (NYSE:XOM), the last year has been a very interesting ride. Exxon is one of the largest energy stocks on the planet with a massive resource base and billions in cash flows, so XOM should be flying high as well. The question for investors now is whether or not, Exxon is truly getting over those humps and is back to being the leader in the oil patch.
The new global energy race is heating up and tech is at the center of the boom, but sometimes it can be difficult to separate the true innovators from the hype
CNBC's Jim Cramer picks the energy sector's power players, which include shares of oil refiners as well as exploration and productoin entities. Among the "Mad Money" host's favorites are Marathon Petroleum and EOG Resources. With stocks trying to recover from last week's painful selling, CNBC's Jim Cramer wanted to continue his marketwide power rankings to find plays worth buying at these levels.
Investors looking for bargains in the stock market after Friday’s bloodbath need to remember that some shares are “cheap” for a good reason. ExxonMobil (XOM), the largest publicly traded oil company, is case in point.
One of Venezuela’s many unpaid creditors won’t pursue the country’s prized U.S. refining subsidiary Citgo Petroleum Corp. under a settlement that requires the country to come up with $1.3 billion at a time of deepening economic crisis. Ltd. as compensation for the government’s nationalization of private gold mining interests in 2011, Rusoro said Thursday. The company said it would make certain mining data available to Venezuela in exchange and assess whether they could partner again to revive two stalled gold projects.
Big oil has seen its free cash flow improve significantly over the last couple of months, but investors seem unimpressed by this as the majors continue to lag behind crude oil benchmarks in terms of share price gains
As energy traders focus on Iran sanctions, the recent rally in crude oil and how to make money in this market, we're looking at another part of the industry focused on liquefied natural gas (LNG). In this case, the growing presence of international companies in the U.S., such as Qatar Petroleum, who is close to make a final investment decision on its Golden Pass LNG terminal in the next few months. The Golden Pass LNG Terminal near Sabine Pass, Texas, is a joint venture formed by affiliates of three of the world's largest and most experienced oil and gas companies.
Chesapeake Energy (CHK) saw a new coverage initiation at Morgan Stanley last week. Morgan Stanley started with a “neutral” rating on Chesapeake Energy, which is equivalent to “hold,” and assigned a target price of $5. Suntrust Robinson downgraded Chesapeake Energy to “hold” from “buy.” Overall, the company has seen six rating updates in the past six months including three downgrades, one upgrade, and two new coverage initiations.
In the week ending October 5, upstream energy stocks rose for the fourth consecutive week. The SPDR S&P Oil & Gas Exploration & Production ETF (XOP), which includes 56 upstream companies, rose 0.8% last week. XOP’s gains could be attributed to the rise in commodity prices. US natural gas rose 4.3% last week and ended at $3.14 per MMBtu (million British thermal units). Read Natural Gas Is at an Eight-Month High: What’s Next? for an update on natural gas.
The retired Navy admiral and former SEAL will receive $132,500 annually for serving on the board, plus $220,000 in restricted stock.
With stocks and bonds melting down last week, strength is easier to spot than ever. Simply look for stuff that ended in the green. Or, better yet, focus on assets that remain in strong uptrends with support levels intact. In either case, you’ll find the oil complex of particular interest. And that makes energy stocks a trade worth taking.