How good is a company’s chief executive officer at investing your money most efficiently? This is an important question for long-term investors. It may underline the difference between a steady Read more
Tag: crude oil
This oil company is America’s hottest stock. Why won’t its CEO pump more oil?
Vicki Hollub’s Occidental Petroleum controls the biggest piece of the most important area for oil production in the United States. Not so long ago, an oilman in a position like Read more
This oil company is America’s hottest stock. Why won’t its CEO pump more oil?
Vicki Hollub’s Occidental Petroleum controls the biggest piece of the most important area for oil production in the United States. Not so long ago, an oilman in a position like Read more
Opinion: Oil companies can’t just ‘drill baby drill’ at will. Here’s what it really takes to ramp up energy production.
As energy prices rage, President Biden and Republicans have urged companies to increase drilling to lower oil and gasoline prices from 14-year highs. But it’s not that simple. Even after Read more
This reliable indicator of recession has yet to buckle, and so the Fed won’t either, strategist says
As the Fed kicks off its two-day interest-rate setting meeting, the focus is on whether Jerome Powell & Co. stick to their hawkish tone or indicate the pace of rate Read more
Analysts upgrade price targets as BP tops earnings expectations
Analysts have boosted their price targets for oil and gas giant BP as it reported a jump in profits, driven both by the rise in prices thanks to the Russian Read more
Saudi Aramco reports $42 billion profit as oil prices climb
DUBAI, United Arab Emirates (AP) — Oil giant Saudi Aramco on Tuesday reported a $42.4 billion profit in the third quarter of this year, a 39% bump buoyed by the Read more
The boldly-styled 2023 Hyundai Elantra Hybrid looks pretty cool and averages a sweet 54 mpg
The 2023 Hyundai Elantra Hybrid is an extremely fuel-efficient compact sedan. Its starting price is $24,400. With the same bold styling as the rest of the Elantra compact sedan range, the Read more
Cash key for Chevron and Exxon Mobil as Truist raises stock price targets
Chevron Corp. and Exxon Mobil Corp.’s strong cash positions have prompted Truist Securities to raise its price targets for the oil and gas giants, as the stocks of both companies Read more
‘Teflon’ Northrop Grumman’s stock jumps despite defense industry challenges
Despite missing Wall Street’s top and bottom-line third-quarter estimates and delivering a weak outlook this week, Northrop Grumman Corp.’s stock continues to live up to its ‘teflon’ reputation. As expected, Read more