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Exxon Whistleblower Reportedly Prompts SEC Investigation
Friday, January 15, 2021 - 10:17am | 330Read More...The U.S. Securities and Exchange Commission is investigating Exxon Mobil Corporation (NYSE: XOM) after an insider whistleblower alleged the energy giant overvalued its Permian Basin assets, sources told The Wall Street Journal. What Happened: Exxon employees tasked with valuing the company's...
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Goldman Sachs Upgrades Exxon Mobil On Improving Oil Demand Outlook, Valuation
Wednesday, December 16, 2020 - 10:27am | 221Read More...Exxon Mobil Corporation (NYSE: XOM) is poised to benefit as oil demand recovers to pre-COVID-19 levels in the coming years, and the risks are already priced into the stock, according to Goldman Sachs. The Exxon Mobil Analyst: Neil Mehta upgraded Exxon Mobil from Neutral to Buy and raised the...
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Morgan Stanley Upgrades Diamondback Energy, Valero Energy, Sees 'Sustained Rally' For Oil Stocks
Friday, December 11, 2020 - 11:42am | 666Read More...This year has been a historically brutal one for oil stocks, with a collapse in demand driven by COVID-19 travel restrictions and shutdowns pushing WTI crude oil prices briefly into negative territory for the first time in history. Yet the oil market has since stabilized, and one analyst said...
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Why BofA Projects 'Continued Recovery In Oil Prices'
Monday, December 7, 2020 - 12:04pm | 301Read More...The strength of the rebound in U.S. oil and gas stocks over the last month is justified, but the sector has yet to fully price in a recovery, according to BofA Securities. The Oil & Gas Analyst: Doug Leggate maintained Buy ratings on Exxon Mobil Corporation (NYSE: XOM),...
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How To Find High-Quality CBD Hemp Oil
Thursday, December 3, 2020 - 9:20am | 858Read More...This article was originally published on Cannabis & Tech Today, and appears here with permission. Not all CBD products are the same. They all contain different amounts of CBD and offer varied therapeutic effects. So, when shopping around for CBD hemp oil, be sure to check its...
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UBS Downgrades Occidental Petroleum, Recommends 3 Other Oil Stocks
Tuesday, December 1, 2020 - 3:42pm | 404Read More...Occidental Petroleum Corporation (NYSE: OXY) shares are up 68% in the last month, and the stock’s big run triggered a Wall Street downgrade on Tuesday. The Analyst: UBS analyst Lloyd Byrne downgraded Occidental from Neutral to Sell and raised the price target from $10 to $12....
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Energy And Power: Oil ETFs Provide Hints At The Global Energy Market's Troubles
Tuesday, November 3, 2020 - 12:11pm | 1868Read More...The good news for oil investors is that the price of a barrel of oil has stabilized around the $35-$40 area, a far cry from the brief foray into negative territory in April. The bad news, well, everything else. Barring an unforeseen rally, 2020 will go down as the worst year for crude oil...
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What The Outcome Of The Biden-Trump Race Could Mean For Oil Prices
Monday, November 2, 2020 - 4:01pm | 334Read More...American voters will be closely watching the results of the 2020 U.S. presidential election after polls close Tuesday, with GOP President Donald Trump and Democratic former Vice President Joe Biden vying for the Oval Office — and so will the oil industry. Oil Price...
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CBD Oils 101: The Difference Between Full-Spectrum, Broad-Spectrum And Isolate
Saturday, October 24, 2020 - 9:18am | 1002Read More...This article is originally published on Sunday Scaries. Thinking about adding CBD to your routine, but not sure whether broad-spectrum, full-spectrum, or isolate is the right choice? We’ll help you pick the right CBD oil type for your scare-free lifestyle! Stepping into a place that...
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In Unstable Oil Market, Analyst Says Stick To Status Quo, Hold Out For COVID-19 Vaccines
Monday, October 19, 2020 - 2:08pm | 465Read More...Full or partial pandemic lockdowns this winter could put oil demand at more risk, OPEC's Joint Ministerial Monitoring Committee panel said Monday. The OPEC committee should stick to cuts that are now in place and hold out for COVID-19 vaccines, said SEB commodities analyst Bjarne...
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Devon Energy, WPX Explore $6B Merger: WSJ
Monday, September 28, 2020 - 12:07am | 418Read More...Devon Energy Corp (NYSE: DVN) and WPX Energy Inc (NYSE: WPX) are in talks for a merger that could be closed sometime this week, according to the Wall Street Journal. What Happened: The terms of the merger aren't yet public, but the newly created entity’s current market valuation could be...
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Exxon Mobil's Dividend Yield Hits 10%: What Investors Need To Know
Thursday, September 24, 2020 - 3:18pm | 344Read More...Exxon Mobil's dividend yield has continued to rise in a year that the stock has fallen by more than 50%. What Happened: Exxon Mobil Corporation's (NYSE: XOM) dividend yield is sitting above 10% as of Thursday. The company paid out a dividend of 87 cents in September. Based...
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10 US Oil Stocks To Buy At Cyclical Lows
Thursday, September 24, 2020 - 1:25pm | 636Read More...The economic downturn in 2020 has been particularly hard on oil and gas stocks. However, Bank of America analyst Asit Sen believes energy earnings have troughed for this cycle and are now on the upswing. Bank of America is projecting volumes and EBITDA margins will improve in coming quarters,...
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Fintech Focus For September 15, 2020
Monday, September 14, 2020 - 5:12pm | 2003Read More...Quote Of The Day: Be yourself; everyone else is already taken. - Oscar Wilde Fintech Movers: In August 2020, FinTech startups worldwide raised $2.80 billion worth of VC/PE investments across 220 deals. In terms of MoM trends, there was an increase of 1.4% from the $2.76 billion raised by FinTechs...
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BP Calls Out Oil Demand Peak, OPEC Cuts 2021 Outlook
Monday, September 14, 2020 - 1:45pm | 415Read More...BP plc (NYSE: BP) became the first major oil company to call out an oil demand peak in its energy outlook report on Monday. The company said oil demand may not return to pre-coronavirus levels. This is a contrarian view, as most energy giants and OPEC ministers think oil consumption will see...
