All articles tagged with #oil stocks
Early 2026 markets show the White House as a major driver: oil stocks surged after Venezuela tensions, credit-card issuers fell after a Trump call to cap interest rates, and Nvidia declined on proposed China export controls, underscoring that presidential actions can move stocks alongside the Fed.
In response to the unprecedented events in Venezuela involving U.S. military actions and political charges, investors are advised to consider safe-haven assets like gold and cash, monitor oil prices and oil company stocks, but generally maintain a long-term, steady investment approach without making drastic changes.
U.S. President Trump indicated that the U.S. might subsidize oil companies to rebuild Venezuela's oil infrastructure following the capture of Maduro, leading to a mixed reaction in oil stocks and potential recovery in Venezuelan oil production, with implications for global oil markets and U.S. refiners.
Energy stocks rose on hopes that President Trump will tap Venezuela's vast oil reserves following the capture of Nicolás Maduro, leading to a market rally and increased investor optimism about U.S. companies potentially returning to Venezuelan oil fields, despite long-term challenges and sanctions.
Eli Lilly shares are declining, possibly due to specific company or sector factors, while oil and financial stocks are experiencing a rally, reflecting mixed market movements on January 5, 2023.
Jim Cramer criticizes an analyst's positive call on Eaton and warns that the recent rally in oil stocks is driven by speculation rather than fundamentals.
The article compares ExxonMobil (XOM) and Chevron (CVX) as potential investments ahead of their Q3 earnings reports, analyzing which stock might be the better buy for investors interested in big oil companies.
U.S. oil stocks like Exxon Mobil, ConocoPhillips, and FANG rose following a modest increase in OPEC+ oil production and rising oil prices, supported by geopolitical factors and U.S. political backing for fossil fuels, despite concerns over potential oversupply and economic volatility.
Major oil companies like Shell, Exxon, and Chevron saw their stocks decline amid concerns over lower trading profits at Shell and OPEC's decision to increase oil output, which initially pushed crude prices down but later recovered due to tight physical markets.
Higher oil prices are expected to benefit oil companies, leading to increased free cash flow and potential returns for investors. Chevron's stock has lagged behind Exxon's due to concerns about its acquisition of Hess, making it a potentially attractive investment with its relatively cheap stock and 4.1% dividend yield. Devon Energy's flexible dividend policy allows for larger dividends as oil prices rise, supported by the company's financial strength and commitment to returning capital to shareholders. Diamondback Energy, with its strong position in the Permian Basin, is set to generate significant free cash flow as oil prices increase, potentially leading to strong total returns for investors.
Warren Buffett's company, Berkshire Hathaway, increased its stake in oil giant Chevron, making it one of its largest holdings. The move followed a significant decline in Chevron's stock price, driven by its acquisition of Hess and geopolitical risks. Despite these challenges, Chevron is poised for strong growth, with plans to double its free cash flow and increase dividends. Buffett's decision to buy the dip in Chevron suggests a potentially wise investment, but investors should also consider other stock options recommended by The Motley Fool's Stock Advisor service.
The stock market fell after inflation and job-market reports suggested a delay in interest-rate cuts, with the S&P 500 and Nasdaq composite down 0.35% and 0.5%, respectively. Microsoft attempted to break out to new highs, while Warren Buffett's Berkshire Hathaway increased its stake in Occidental Petroleum. In the energy sector, Chesapeake Energy rose after confirming a merger with Southwestern Energy, while Hertz announced plans to sell 20,000 electric vehicles from its U.S. fleet due to weak demand and higher repair costs. The consumer price index climbed 0.3% in December, exceeding economists' forecasts, leading to caution from the Fed regarding rate cuts.
ExxonMobil, Chevron, and ConocoPhillips stocks dropped as Saudi Arabia's announcement of cutting its oil export prices by as much as $2 a barrel indicated weakening oil demand, causing oil prices to fall. Despite optimistic predictions from Truist and Piper Sandler about rising oil prices and company profits, the real-time drop in oil prices led to investor selling. However, it's not time to panic as oil prices may still average $78 in 2024, and the energy giants could see significant profits, making their current stock prices appear cheap.
Jim Cramer highlights ten things to watch in the stock market on Tuesday, including the release of quarterly earnings reports from mega-cap tech stocks Microsoft and Alphabet, Nvidia's design of CPUs for Microsoft's Windows operating system, the potential approval of a Bitcoin ETF leading to a breakout in Bitcoin prices, the stabilization of oil prices prompting a reconsideration of oil stocks, General Electric's positive performance and increased guidance, downgrades and price target cuts for FMC Corporation and Corteva, trouble for identity management company Okta following a customer support breach, and Spotify's stock decline despite beating Wall Street expectations in its third-quarter earnings.
The Dow Jones Industrial Average fell while oil stocks such as Chevron and Baker Hughes rose as Saudi Arabia and Russia extended production cuts. Three stocks in Warren Buffett's portfolio, including Apple, are near buy points. The Nasdaq outperformed, with Airbnb as a top performer. The S&P 500 struggled, and small caps and growth stocks dipped. Microsoft and Intel led the Dow Jones, while Walgreens Boots Alliance and Merck lagged. Sprinklr and CyberArk Software tested buy points.