Oil

Business News

The Richest Man You've Never Heard of Isn't Sure What to Do With His Billions

Autry Stephens' net worth has grown by $17.5 billion since February last year, behind only Nvidia's Jensen Huang and Meta's Mark Zuckerberg.

News and Trends

Sonangol To Pursue Decarbonization In Oil Industry

Sonangol, one of Africa's largest companies, is responsible for prospecting, researching, developing, producing, transporting, commercializing, refining and transforming liquid and gaseous hydrocarbons.

Business News

Oil Tankers Boost Dividends, See Continued Robust Business In '23

Oil tankers are trending higher due to short supply and high demand. Nordic American Tanker and International Seaways recently boosted shareholder payouts.

Business News

Kevin O'Leary Says Here's Where to Put Your Money Right Now: 'Go Where People Hate It'

The "Shark Tank" star says the energy sector is "looking golden" when it comes to the latest investment trends.

Business News

Gas Prices Are Cheaper Than a Year Ago — But Are They Expected Stay Low?

The cost of an average gallon of gas in the U.S. is now $3.329.

Business News

BP Plans $2.5 Billion Share Buyback After 'Exceptional' $8.15 Billion Quarterly Profit Earnings

The oil company's billion-dollar earnings come as people around the world are struggling with the rising cost of living, including high gas prices.

Business News

3 Stable Growth Stocks for Bumpy Times

Let's look at a few of the companies with the most stable growth profiles in the energy, materials, and technology sectors respectively.

Business News

Devon Energy Looks Attractive if You Look Past the Headlines

There are some very sound reasons to invest in DVN stock. However, it's important to separate the long-term outlook from some short-term headwinds

Business News

Gas Prices Are Dropping After a Summer of Sticker Shock at the Pump. Here's What You Need to Know.

Planning that dream trip has been complicated, but things are looking up.

Business News

3 Earnings Announcements That Could Surprise

Optimism around an extended summer rally is building. These three upcoming earnings announcers have the potential to surprise us.

Business News

Devon Energy Produces A Record Quarter, Dividend Raised By 22%

Devon Energy produced another record quarter of profits, as higher volumes and prices provided significant tailwinds to results.

Business News

HP Inc. Stock Is a Steady Eddie Gainer

Energy exploration and drilling company Helmerich and Payne (NYSE: HP) stock has been on a strong rally up 112% for 2022.

Business News

Is It Too Late For Energy Stocks?

If you are wondering about oil prices, the energy market, and whether it's too late to buy Energy Stocks (NYSEARCA: XLE) we're here to tell you no. Absolutely not. There...

Business News

Shell Rakes in $9.1 Billion in First Quarter. What Does It Mean for the Rising Cost of Living?

Shell reported record high earnings of $9.13 billion in the first quarter of 2022, prompting action from lawmakers to impose higher taxes on gas companies to aid those struggling amidst rising prices.

Business News

Buy Haliburton On Post-Earnings Weakness

Shares of Haliburton (NYSE: HAL) are pulling back from a long-term high and we think it is setting up the next buying opportunity for the stock. The main driver of...