Shares of Marathon Oil Corp. powered up 2.4% in afternoon trading Friday toward a 3 1/2-year high, as the oil and gas exploration and production company benefited from the spike up in oil prices to a 14-year high, and as the company''s credit rating was put in position to be lifted out of "junk" territory. Continuous crude oil futures shot up 7.3% to $115.51, the highest price seen since September 2008 as Russia''s war on Ukraine intensified. Separately, Moody''s Investors Service raised Marathon Oil''s Corporate Family Rating to Ba1, which is one notch below investment grade, from Ba2. The outlook for the rating remains "positive," which makes the next rating move most likely to be another upgrade if the company remains focused on debt reduction. "Occidental Petroleum generated increasingly higher earnings in 2021 as oil and gas prices rose, and significantly reduced its leverage by applying free cash flow and asset sale proceeds towards debt reduction," said Moody''s analyst James Wilkins.
MarketRebellion.com's Jon Najarian joins the 'Halftime Report' to discuss what he's watching today and what he's staying away from right now.
Energy sector ETF managers discuss the sharp upward moves in their funds as the conflict between Russia and Ukraine intensifies.
XLE: Up 28% In 2022, A Look At High-Yield Alternatives
A look at both industries reveals many opportunities for investors in the energy sector.
Biden publicly stated his administration's intent to onshore more US operations to protect national posterity against the geopolitical risk of overdependency, unveiling some long-term investment oppor
Sector ETF report for XLE
Energy exchange traded funds climbed on Wednesday, with crude oil prices breaking above $110 per barrel, as Russia's aggression fueled supply fears. Among the best-performing non-leveraged ETFs on Wed

XLE And Our Market Outlook

03:38pm, Wednesday, 02'nd Mar 2022
The yield spread between the Energy Select Sector SPDR ETF (XLE) and risk-free rates is at a very attractive level currently.

The 7 Best SPDR ETFs to Buy and Hold

01:14pm, Wednesday, 02'nd Mar 2022
State Street's job as an investment manager is to get you from point A to point B with as little pain as possible, and hopefully, plenty of assets in your retirement portfolio. And to its credit, many
The SPDR Energy Select Sector ETF gained 0.5% in midday trading Tuesday toward the highest close since October 2018, and was the only S&P 500 sector tracking ETF to gain ground, as crude oil prices spiked up to the highest prices seen since July 2014 as Russia''s invasion of Ukraine intensifies. Among the energy ETF''s (XLE) biggest gainers, shares of Occidental Petroleum Corp. rallied 5.2% to a two-year high, APA Corp. advanced 3.3% toward the highest close since April 2019 and Chevron Corp. jumped 2.7% toward a record high. The gains comes as continuous crude oil futures shot up 10.5% to $105.79 a barrel, while the S&P 500 fell 1.7%. Meanwhile, shares of Halliburton Co. , which disclosed earlier this month in its 2021 annual report that it could hurt by increased sanctions imposed on Russia for invading Ukraine, dropped 6.1% to pace the XLE''s decliners. Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.
Shares of Chevron Corp. rose 1.6% in premarket trading Tuesday after the oil giant doubled its guidance for per-year share repurchases and raised its target for return on capital employed. At the company''s investor meeting, the company said it now expects to buy back $5 billion to $10 billion worth of stock per year, up from its previous guidance of $3 billion to $5 billion. That buybacks could represent 1.8% to 3.6% of Chevron''s market capitalization of $280.45 billion as of Monday''s close. And the company now targets a 12% return on capital employed in 2026 at with Brent crude at $60 a barrel, and 10% compound annual growth rate (CAGR) of operating cash flow per share by 2026. Chevron also affirmed its targets to lower carbon intensity of operations and grow new energy businesses. "We''re aiming to grow cash flow and return more of it to shareholders, leveraging our strengths to deliver lower carbon energy to a growing world," said Chief Executive Michael Wirth. The stock has run up 28.5% over the past three months through Monday, while the SPDR Energy Select Sector ETF has rallied 27.0% and the Dow Jones Industrial Average has slipped 2.9%.
Shares of energy companies <> rose alongside crude oil futures, easily topping Monday''s S&P sector leaderboard, and Occidental Petroleum <>
Energy-related exchange traded funds climbed on Monday, with Brent crude oil futures breaking back above $100, as Western countries piled more sanctions on Russia, fueling fears of disruptions to a gl
PSEG CEO Ralph Izzo joins Yahoo Finance's Bradley Smith to discuss how the Russia-Ukraine war will affect the energy market, how energy consumption has changed as more people work remotely from home,
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