Oil prices have fallen from a peak earlier this year. But energy companies’ earnings estimates have kept rising on stronger demand and low capital spending. Below is a screen of…
Text size Berkshire CEO Warren Buffett has steadily accumulated Occidental stock this year. AFP via Getty Images Berkshire Hathaway now owns just over 20% of Occidental Petroleum after about $400…
Shale companies are reporting banner profits but are warning that inflation in the oil patch is leading them to increase their spending. A measure of Pioneer’s net income reached about…
Text size Occidental stock has doubled this year and is the top performer in the S&P 500, Callaghan O’Hare/Bloomberg Warren Buffett probably liked Occidental Petroleum ‘s second-quarter earnings report. Occidental…
Text size House Speaker Nancy Pelosi is seen to arrive in Taiwan Tuesday. Chip Somodevilla/Getty Images China isn’t the only one upset about Nancy Pelosi’s visit to Taiwan—the stock market…
Text size Chevron has been consistently raising its guidance for share repurchases. (Photo by Justin Sullivan/Getty Images) Photograph by Justin Sullivan/Getty Images Chevron increased fuel production, boosted its forecast for…
Text size PHOTOCAP Dean Mouhtaropoulos/Getty Images Soaring energy prices and increased production helped Exxon Mobil shatter its previous record for quarterly profit as the oil and gas giant posted earnings…
Text size Shell also announced plans to buy back a further $6 billion of shares. Getty Images Shell , the United Kingdom–domiciled energy giant, posted record quarterly earnings Thursday a…
Text size Valero is one of the energy companies throwing off a lot of cash right now. Ty Wright/Bloomberg Oil and gas companies are heading into earnings season this week…
Text size Valero is one of the energy companies throwing off a lot of cash right now. Ty Wright/Bloomberg Oil and gas companies are heading into earnings season this week…
Oil prices are down, but energy companies’ earnings estimates keep rising — these stocks are cheap
Oil prices have fallen from a peak earlier this year. But energy companies’ earnings estimates have kept rising on stronger demand and low capital spending. Below is a screen of…
Berkshire Now Holds 20% of Occidental Petroleum
Text size Berkshire CEO Warren Buffett has steadily accumulated Occidental stock this year. AFP via Getty Images Berkshire Hathaway now owns just over 20% of Occidental Petroleum after about $400…
Shale Drillers Warn of Higher Costs as They Report Record Profits
Shale companies are reporting banner profits but are warning that inflation in the oil patch is leading them to increase their spending. A measure of Pioneer’s net income reached about…
Occidental Petroleum Tops Profit Estimates, Pays Down Debt
Text size Occidental stock has doubled this year and is the top performer in the S&P 500, Callaghan O’Hare/Bloomberg Warren Buffett probably liked Occidental Petroleum ‘s second-quarter earnings report. Occidental…
Stock Market Today: Dow Futures Slip as Pelosi Goes to Taiwan, BP Surges
Text size House Speaker Nancy Pelosi is seen to arrive in Taiwan Tuesday. Chip Somodevilla/Getty Images China isn’t the only one upset about Nancy Pelosi’s visit to Taiwan—the stock market…
Chevron’s Stock Jumps on Earnings Beat and Buybacks Boost
Text size Chevron has been consistently raising its guidance for share repurchases. (Photo by Justin Sullivan/Getty Images) Photograph by Justin Sullivan/Getty Images Chevron increased fuel production, boosted its forecast for…
Exxon Mobil Stock Surges After Energy Giant Drills to Record Profit
Text size PHOTOCAP Dean Mouhtaropoulos/Getty Images Soaring energy prices and increased production helped Exxon Mobil shatter its previous record for quarterly profit as the oil and gas giant posted earnings…
Shell Posts Record Quarterly Profit of $11.5 Billion. Exxon and Chevron Are Next.
Text size Shell also announced plans to buy back a further $6 billion of shares. Getty Images Shell , the United Kingdom–domiciled energy giant, posted record quarterly earnings Thursday a…
Valero, Occidental, and 3 Other Oil Companies Pumping Out Cash
Text size Valero is one of the energy companies throwing off a lot of cash right now. Ty Wright/Bloomberg Oil and gas companies are heading into earnings season this week…
5 Oil and Gas Companies Set to Pump Out Cash
Text size Valero is one of the energy companies throwing off a lot of cash right now. Ty Wright/Bloomberg Oil and gas companies are heading into earnings season this week…