Why Are Oil Stocks Down Today?

02:37pm, Wednesday, 22'nd Nov 2023
Oil stocks are in the red today on news that the Organization of the Petroleum Exporting Countries (OPEC+) producers have been forced to delay a meeting on production cuts, with some pointing to poten
Chevron's deal to buy Hess will unlock $15 billion worth of tax benefits that had once been relegated to the accounting dustbin, as the combined company takes advantage of Hess's past losses to cut fu
Chevron has increased its dividend for 36 straight years. Its payout is on a very firm foundation.
This could be a good time for investors to pour money into stocks of companies involved in the production of oil and natural gas. And the best reason for that may have nothing to do with military conf
The oil titan has disappointed investors, but shares look attractive after the recent selloff.
Oil stocks are back in focus, with the ongoing Israel-Hamas war pushing oil prices higher on fears of a wider conflict in the Middle East that could disrupt supplies. Further, the recently announced m
Chevron's deal announced last week to buy Hess , one of the largest operators in the Bakken shale play in North Dakota, could raise oil output there marginally but analysts do not expect a return to i
Exxon Mobil  XOM  and Chevron  CVX  reported quarterly earnings Friday morning, and both companies missed quarterly earnings expectations. The energy giants saw EPS drop more than -40% YoY, in sta
In 2020, energy fund manager Danilo Onorino forecast mergers would come for an industry struggling to survive pandemic fallout. It took a few years, but these days those tie-ups are all about “oppor

U.S. Oil & Gas Is A Good Bet - Jennifer Warren

08:30am, Thursday, 26'th Oct 2023
U.S. oil and gas production is seen as a safe bet and a positive amid geopolitical conflicts and market volatility. Energy production globally is a source of economic development.
Oil production cuts this year by the Organization of the Petroleum Exporting Countries and their allies have given the U.S. the price incentive it needed to lift domestic output to its highest level o
Higher oil equivalent production volumes aid Hess' (HES) earnings in Q3.
Chevron's (NYSE:CVX) $53 billion takeover deal, announced Monday, somewhat stole the thunder from today's earnings release at Hess Corp (NYSE:HES), nevertheless, third-quarter financial results conf
Oil and gas producer Hess Corp on Wednesday beat Wall Street estimates for third-quarter profit on higher production, days after agreeing to be bought by larger U.S. rival Chevron Corp for $53 billion
It's official: Chevron is looking to keep up with Exxon after announcing its deal to buy Hess for $53 billion.
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