Latest News
European Oil Giants Commit $500 Million to Help Boost Access to Energy
Baystreet - Fri Nov 15, 5:53AM CST
Baystreet
Fri Nov 15, 5:53AM CST
European oil and gas supermajors BP, Equinor, Shell, and TotalEnergies are committing a joint investment ...
Growing Backlog For Offshore Drillers Points To Coming Boom
Baystreet - Thu Nov 14, 6:02AM CST
Baystreet
Thu Nov 14, 6:02AM CST
Earlier in the year, we reported that the offshore oil and gas sector has been witnessing robust growth ...
This Unstoppable 6.5%-Yielding Dividend Stock Continues to Supercharge Its Growth Engine
Motley Fool - Tue Nov 5, 3:45AM CST
Motley Fool
Tue Nov 5, 3:45AM CST
Enbridge continues to find more ways to expand.
Financial Markets Face A Volatile Week-Tech and Energy Stocks in Focus
Stock Target Advisor - Sun Nov 3, 11:12PM CST
Stock Target Advisor
Sun Nov 3, 11:12PM CST
Financial Markets Brace for Election This week in the markets will likely be marked by high volatility, driven in large part by the looming U.S. presidential election. Historically, financial markets are sensitive to political uncertainty, and this election is shaping up to be particularly contentious. Investors generally prefer stability and...
Exxon Mobilโs US$8.6-billion quarterly profit exceeds estimates as volume offsets price weakness
SYNDTGAM - Fri Nov 1, 6:20AM CDT
SYNDTGAM
Fri Nov 1, 6:20AM CDT
Exxonโs year-over-year profit fell 5%, a much smaller drop than at rivals BP and TotalEnergies, which posted sharply lower quarterly results
Market News & Analysis:October 29th, 2024
Stock Target Advisor - Tue Oct 29, 12:12PM CDT
Stock Target Advisor
Tue Oct 29, 12:12PM CDT
Global Markets Canadian Markets Canadaโs main stock index, the TSX, experienced a decline as oil prices continued their downward trajectory. The weakening in oil prices often reflects concerns over supply and demand dynamics, impacting energy stocks heavily weighted in the TSX. In contrast, gold prices saw an uptick, which typically...
Market movers: Stocks seeing action on Tuesday - and why
The Globe and Mail - Tue Oct 29, 8:34AM CDT
The Globe and Mail
Tue Oct 29, 8:34AM CDT
A survey of North American equities heading in both directions
BPโs profit slumps to near four-year low as oil demand sags
SYNDTGAM - Tue Oct 29, 6:20AM CDT
SYNDTGAM
Tue Oct 29, 6:20AM CDT
The decline was smaller than expected amid a slowdown in global economic activity and oil demand, particularly in China, but raises pressure on BP CEO Murray Auchincloss
BP and Shell Brace for Profit Drop
Baystreet - Tue Oct 29, 5:55AM CDT
Baystreet
Tue Oct 29, 5:55AM CDT
BP and Shell are expected to post lower profits this week as the supermajors grapple with weak oil prices ...
Why Is Smart Money Betting Against Renewable Energy
Baystreet - Wed Oct 23, 5:45AM CDT
Baystreet
Wed Oct 23, 5:45AM CDT
Last week, we reported that bearish sentiment in oil markets had sunk to levels last seen during the ...
2 Dividend Aristocrats to Buy Hand Over Fist as Markets Price in a Trump Presidency
Barchart - Tue Oct 22, 6:30PM CDT
Barchart
Tue Oct 22, 6:30PM CDT
Some analysts believe that stock markets are pricing a Trump victory in the upcoming U.S. presidential elections. Nucor and ExxonMobil look like two Dividend Aristocrats to buy for investors looking to bet on a second Trump presidency.
BP weighing sale of minority stake in offshore wind business, sources say
SYNDTGAM - Thu Oct 17, 11:55AM CDT
SYNDTGAM
Thu Oct 17, 11:55AM CDT
BP has faced pressure from shareholders over its energy transition strategy, first launched in 2020, as renewables profit thinned while margins from oil and gas rose
The Latest on PepsiCo
Motley Fool - Wed Oct 16, 12:59PM CDT
Motley Fool
Wed Oct 16, 12:59PM CDT
For investors who are after steady, mature companies, beverage companies might be a good place to start. But not all of them bring the same returns to the table.
3 High-Yield Dividend Stocks You Can Buy and Hold for a Decade
Motley Fool - Sun Oct 13, 5:45AM CDT
Motley Fool
Sun Oct 13, 5:45AM CDT
If you are looking for attractive yields backed by great companies, this trio will be the place for you to start your selection process.
Market Analysis & News: Oct 11th, 2024
Stock Target Advisor - Fri Oct 11, 12:38PM CDT
Stock Target Advisor
Fri Oct 11, 12:38PM CDT
Global Markets Canadian Markets Canadaโs main stock index trended higher with the release of the crucial domestic employment data. The latest figures revealed a decline in the unemployment rate to 6.5 percent, accompanied by the creation of 47,000 jobs in Septemberโsignificantly surpassing the anticipated 27,000 jobs. This positive employment news...
BP says weak refining margins to dent third-quarter profit as fuel demand stalls
SYNDTGAM - Fri Oct 11, 7:12AM CDT
SYNDTGAM
Fri Oct 11, 7:12AM CDT
BPโs earnings snapshot comes as CEO Murray Auchincloss scales back the firmโs energy transition strategy to regain investor confidence
BP Warns Weak Refining and Oil Trading Will Hurt Q3 Earnings
Baystreet - Fri Oct 11, 5:33AM CDT
Baystreet
Fri Oct 11, 5:33AM CDT
Weak refining margins and weaker oil trading results are expected to dent BPโs third-quarter profit, ...
This AI Software Stock is Now a Strong Buy, Says Wall Street
Barchart - Tue Oct 8, 3:26PM CDT
Barchart
Tue Oct 8, 3:26PM CDT
This underperforming AI stock just received an upgrade, and is extending its run into positive territory for 2024.
BP Scales Back 2030 Goals to Regain Investor Confidence
Stock Target Advisor - Mon Oct 7, 9:06AM CDT
Stock Target Advisor
Mon Oct 7, 9:06AM CDT
British energy giant (BP) is scaling back its ambitious 2030 energy transition goals as part of a strategic shift to focus more on oil and gas production. The move, aimed at restoring investor confidence, indicates a change in direction for a company that has been under pressure to balance its...
BP Ditches Goal to Cut Oil and Gas Production by 2030
Baystreet - Mon Oct 7, 5:17AM CDT
Baystreet
Mon Oct 7, 5:17AM CDT
BP has scrapped a previous target to reduce its oil and gas production by the end of the decade as the ...
ExxonMobil's Profits Are About to Fall. Is the Oil Stock Still a Buy?
Motley Fool - Mon Oct 7, 4:22AM CDT
Motley Fool
Mon Oct 7, 4:22AM CDT
Exxon is a leader in making money in the oil patch.
This Magnificent 6.5%-Yielding Dividend Stock Adds Another $700 Million of Fuel to Keep its Growth Engine Humming Along
Motley Fool - Sat Oct 5, 3:17AM CDT
Motley Fool
Sat Oct 5, 3:17AM CDT
Enbridge is finding no shortage of growth opportunities these days.
Why Is Wall Street Much More Bullish About Nvidia Than Palantir?
Motley Fool - Fri Oct 4, 4:47AM CDT
Motley Fool
Fri Oct 4, 4:47AM CDT
Palantir's hot right now. But Wall Street thinks Nvidia is still the better pick.
Meet the Newest Artificial Intelligence (AI) Stock in the S&P 500. Buy It Before It Soars 170%, According to a Wall Street Analyst
Motley Fool - Fri Oct 4, 3:47AM CDT
Motley Fool
Fri Oct 4, 3:47AM CDT
Artificial intelligence (AI) stock Palantir was recently added to the S&P 500 index.
Indiaโs $100 Billion Oil Exploration Opportunity
Baystreet - Fri Sep 27, 5:16AM CDT
Baystreet
Fri Sep 27, 5:16AM CDT
Two weeks ago, we reported that a long exploration effort has led to the reportedly massive discovery ...