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>>>
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Related PKD 18 Biggest Mid-Day Losers For Wednesday Mid-Day Market Update: Crude Oil....More>>>
President & CEO of Eqt Corp (NYSE:EQT) Steven T Schlotterbeck bought 2,000 shares of EQT on 06/22/2017 at an average price of $52.14 a share. The total cost of this purchase was $104,280.
EQT Corp is a natural gas exploration and production company. The Company produces natural gas from the proved natural gas, NGL and crude oil reserves; and also provides gathering, transmission and storage....More>>>
As expected, OPEC and non-OPEC extended oil production cuts until December 2018 with adjustment possible during the June 2018 meeting. Major offshore drillers — including Transocean (RIG), Diamond Offshore Drilling (DO), Rowan (RDC), Ensco (ESV) and Noble Corp. (NE) — rallied on the news. Here are my views on whether this rally has chances to continue.
1. Brent oil (BNO) will....More>>>
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Related GGG Benzinga's Top Downgrades Benzinga's Top Upgrades ....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>>>
U.S. equities mostly finished lower on Thursday as the bulls cooled their heels after a multi-day push to new record highs. Hopes for a bipartisan deal on taxes dimmed slightly after President Donald Trump and Congressional Democrats differed on whether border wall funding would be part of the agreement.
In the end, the Dow Jones Industrial Average gained 0.2%, the S&P 500 lost 0.1%,....More>>>
Today we are going to compare the two largest U.S. integrated oil companies: Exxon Mobil (NYSE:XOM) and Chevron (NYSE:CVX). Both companies have global production profiles, significant lower-48 shale assets, as well as midstream and downstream operations in chemicals and refining. Both companies also have significant LNG operations.
The following chart compares some relevant valuation metrics....More>>>
Source: ThinkstockNovember 29, 2017: The S&P 500 closed relatively flat at 2,626.03. The DJIA closed up 0.4% at 23,940.24. Separately, the Nasdaq was down 1.3% at 6,824.34.
Wednesday was a mixed day for U.S. broad markets in general. While the Dow cruised to new highs and even closer to the 24,000 mark, the Nasdaq took a big step back and gave back all of its gains and then some after....More>>>
As Christmas day draws closer, signs of the holiday spirit are beginning to show. However, even as people plan their holidays, the financial markets remain alive and running, albeit at a slower rate. Understanding seasonality in the market can help you to identify the perfect timing to buy or sell a given financial instrument and make returns way above the market average. This is why, even during....More>>>