oil prices

The oil and gas sector is in the midst of a large expansion of pipeline projects and BP plc (ADR) (NYSE: BP) looks like a standout after underperforming the European market and oil sector over the past year, according to Goldman Sachs. The Analyst Goldman Sachs' Michele Della Vigna upgraded...

Investors who want exposure to high-yielding stocks should consider Exxon Mobil Corporation (NYSE: XOM) and avoid Macy's Inc (NYSE: M), according to a notable wealth manager. The Expert Chantico Global CEO Gina Sanchez.  The Thesis Exxon Mobil's stock offers investors a 3.8-percent...

Hess Corp. (NYSE: HES) has seen its stock trade lower by 11 percent since the start of 2018 and 22 percent in the past two weeks alone, which prompted Credit Suisse to exclaim "enough is enough" in an upgrade note. The Analyst Credit Suisse's William Featherston upgraded Hess ...

Exploration and production companies are likely to update investors in their first-quarter reports on budgets and returning cash to shareholders, according to Morgan Stanley.  The Analyst Morgan Stanley's Evan Calio.  The Thesis The upcoming earnings season will likely show E&...

OPEC ministers will gather on Thursday in Vienna and attempt to reach a consensus on expanding a 2016 oil supply cut beyond March of next year. The Expert Helima Croft, managing director and global head of commodity strategy with RBC Capital Markets. The Strategy Oil prices could fall to the...

If oil prices stabilize in 2018, investors may find themselves eyeing refinery companies. This potential move has HollyFrontier Corp (NYSE: HFC) on Argus Research's radar.  The Analyst Argus Research Company's Bill Selesky upgraded HollyFrontier's stock rating from Hold...

The price of a barrel of oil hit a two-year high in reaction to Saudi Arabia's anti-corruption purge, which saw the arrest of well-known billionaire investor Prince Al-Waleed bin Talal. The Analyst Bank of America Merrill Lynch's head of global commodities Francisco Blanch. The Strategy...

The unofficial title of the world's worst stock slump is awarded to PetroChina Company Limited (ADR) (NYSE: PTR), Bloomberg reported. China's state-owned energy producer also holds the title of being the first trillion-dollar valued company, but that was back in 2007, and the company is worth just...

WTI crude oil prices are back above $54/bbl for the first time since February, which is good news for many oil investors. But while crude oil prices have surged 15 percent in the past month, natural gas prices have fallen 5.8 percent in that time. Bernstein analyst Jean Ann Salisbury recently...

Conservative investors may want to consider buying shares of Baker Hughes, a GE company Class A (NYSE: BHGE), according to analysts at UBS. The firm's Angie Sedita initiated coverage of Baker Hughes' stock with a Neutral with a $36 price target as the company is a "different animal" than it was as...