Even during a year in which the S&P 500 index has declined 19%, with 70% of its stocks in the red, there are plenty of winners. Before showing you the Read more
Tag: Integrated Oil/Gas
Best stock picks for 2023: Here are Wall Street analysts’ favored choices
Following a sharp and sustained rise in interest rates, U.S. stocks have taken a broad beating this year. But 2023 may bring very different circumstances. Below are lists of analysts’ Read more
COP27: U.S. on the hook to pay for pollution; natural gas deemed transition fuel
For the first time ever, rich nations, including a top-polluting U.S., will pay for the climate-change damage inflicted upon poorer nations. These smaller economies are often the source of the Read more
Goldman downgrades Shell over ‘relatively expensive’ valuation versus competitors
Shares in Shell dropped 2% on Monday as Goldman Sachs downgraded the big oil company as its period of “outperformance” led to “a relatively expensive valuation vs peers,” its analysts Read more
Tim Cook has been an excellent leader for Apple – these numbers prove it
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
Tim Cook has been an excellent leader for Apple – these numbers prove it
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
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