This is the kind of stock market "divergence" that I like to see… Master limited partnerships (MLPs) recently fell more than 4% over five days… while oil prices rose. Whenever I see a crazy divergence like that, I usually ask one question: "What happens next?" We looked back to see what happened to these companies after previous divergences like....More>>>
Related NFX Mid-Day Market Update: Crude Oil Down 1.5%; Lantheus Shares Surge Following Q4 Results Earnings Scheduled For February 21, 2017 Newfield Exploration -5.5% as production guidance disappoints (Seeking Alpha)
Related PKD 18 Biggest Mid-Day Losers For Wednesday Mid-Day Market Update: Crude Oil....More>>>
Chairman and CEO of Concho Resources Inc (NYSE:CXO) Timothy A Leach sold 40,000 shares of CXO on 02/06/2018 at an average price of $148.14 a share. The total sale was $5.9 million.
Concho Resources Inc is an oil and natural gas company. It is engaged in the acquisition, development, exploitation and exploration of producing oil and natural gas properties. It operates in the Delaware Basin.....More>>>
This is a company that has taken its time getting the infrastructure just right, the wells optimized, and the returns out of sight. So when the management of Ring Energy (REI) finally increased the drilling rate, the cash flow increased to over $7 million in the first quarter before changes in the working capital accounts. Overall, the GAAP measure, cash flow from operations, topped $11 million....More>>>
When the IRS Wants Your Life Insurance Policy
5 New Facts on DOLs Fiduciary Rule Delay
Let Clients Figure the Retirement Funding Catastrophe Out for Themselves
Alex Azar II, the nominee to be the next secretary of the U.S. Department of Health and Human Services (HHS), today told Democratic senators that he will agree with them about many issues but will probably disagree....More>>>
Marathon Oil (MRO), which has been struggling with quarterly losses, will likely become profitable in the coming quarters as it ramps up volumes from its four US onshore assets and benefits from improvement in oil prices.
A number of oil producers, such as ConocoPhillips (COP), Apache Corp. (APA) and Occidental Petroleum (OXY), have posted quarterly profits....More>>>
Related PAM Earnings Scheduled For November 15, 2016 Mid-Morning Market Update: Markets Mostly Higher; Siemens To Acquire Mentor Graphics For $4.5B
Related CPK Benzinga's Top Initiations Mid-Morning Market Update: Markets Mostly Flat; Facebook Profit Beats Estimates ....More>>>
August 28, 2017: Markets opened higher for the third straight day Monday, but gains were offset in short order on both the S&P 500 and the DJIA. There was no major economic news Monday and no earnings of note. Two large biotech mergers kept the Nasdaq Composite rocking higher. Healthcare and tech posted the largest sector gains will financials and tech stocks lagged. WTI crude oil for October....More>>>
Rick Rieder, global chief investment officer of BlackRock’s over trillion dollars in assets fixed income business, is as heavy a hitter as it gets in the bond market. But for an investing guru synonymous with debt markets, Rieder is extremely bullish on U.S. stocks over the next one-to-two years.
Presenting at the inaugural Forbes and Shook Research Top Financial Advisor Summit....More>>>
Almost exactly a year ago, Micron’s (NASDAQ:MU) CFO, Ernie Maddock, stood up at a Citi investor conference and pre-released earnings. I was there, and the roomful was surprised – at the number and at the new found transparency. Now Micron has just completed what will be another excellent 4th quarter, and I believe Ernie will do another pre-announcement at this week’s Citi conference....More>>>