Tag: oil companies

Forget Oil: This 7.6% Dividend Will Soar In 2019

| April 9, 2019 | 0 Comments
Forget Oil: This 7.6% Dividend Will Soar In 2019

Oil prices have been locked in a tight range for five years—and I know I don’t have to tell you that this has been a disaster for energy investors. Oil Fails to Launch With the benchmark Energy Select Sector SPDR (XLE) unable to hold its gains for long (let alone recover to pre-crash levels), even the most […]

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5 Oil ETFs For Rising Prices

| February 7, 2019 | 0 Comments
5 Oil ETFs For Rising Prices

Oil is on the mend and these oil ETFs are benefiting. After ranking as one of last year’s worst-performing commodities and sectors, oil and the energy sector are rebounding to start 2019. Among exchange-traded funds (ETFs), the United States Oil Fund (NYSEARCA:USO), one of the most heavily traded oil ETFs, is up more than 20% year-to-date. The Energy […]

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3 Reasons To Be Bullish Exxon Stock, Even After The Rally

| January 22, 2019 | 0 Comments
3 Reasons To Be Bullish Exxon Stock, Even After The Rally

Exxon stock still looks really attractive Last year was definitely rough for Exxon Mobil (NYSE:XOM), with the shares down about 24% from the high Exxon stock was the sixth worst performer in the Dow. But the drop in XOM was more than just about the market swoon. The oil industry has had to deal with some tough […]

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Why We’re Headed Toward Oil Independence

Why We’re Headed Toward Oil Independence

Almost two years ago, the Saudis acknowledged they had a problem. The price of oil was too low. The oil-rich country had fought a surge in supply from American frackers by opening the taps, and the move pushed oil prices to their lowest level in decades. Even though the Saudis and other OPEC members still […]

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Big Oil Bets Big On Big Data To Increase Revenues And Cut Costs

| April 24, 2018 | 0 Comments
Big Oil Bets Big On Big Data To Increase Revenues And Cut Costs

President Trump is not the only one using the words “mission accomplished”. On April 13, the International Energy Agency (IEA) said that OPEC could use those words in its battle to reduce the global glut of oil that had been a problem since 2015. The IEA said oil stockpiles had dropped dramatically over the past […]

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Oil Is Breaking Out, How About Oil Company Stocks?

| April 19, 2018 | 0 Comments
Oil Is Breaking Out, How About Oil Company Stocks?

In late 2016, OPEC agreed to cut production in order to address an oversupplied oil market. Global crude oil inventories had reached record highs, and the price of oil had crashed. OPEC’s strategy is having the desired effect. Over the past year, despite strong U.S. shale production growth, global inventories have steadily declined. In response, […]

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How To Profit From Demand Destruction Of Oil

| February 27, 2018 | 0 Comments
How To Profit From Demand Destruction Of Oil

In the latest annual energy outlook from BP PLC (NYSE: BP), it was the first time the company forecast oil demand would eventually peak and then steadily decline. BP put the date for peak oil demand in the late 2030s. And the cause is one I’ve told you about quite often in my articles – the […]

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Is US Energy On The Verge Of A New Golden Age?

| February 20, 2018 | 0 Comments
Is US Energy On The Verge Of A New Golden Age?

The U.S. has been a net importer of energy since 1953, but that’s set to change early next decade, according to the Energy Information Administration (EIA). In its highly anticipated Annual Energy Outlook 2018, the agency forecasts that the U.S. will become a net exporter of energy by as early as 2022, thanks in large part to the […]

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3 Ways To Play The Breakout In Energy Stocks

| November 14, 2017 | 0 Comments
3 Ways To Play The Breakout In Energy Stocks

Oil prices have broken out. Here’s how to play it. Two major events have driven the price of oil up recently. First, oil breached overhead resistance. Whether we are talking about Brent Crude, West Texas Intermediate or any of the other oils, the major trading assets have decisively broken out of a multi-year trading range. […]

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Time Is Up For This Oil Price Rally

| August 3, 2017 | 0 Comments
Time Is Up For This Oil Price Rally

Last week, crude oil rallied the most so far this year, gaining more than 8 percent, or $4 per barrel. Oil traders are much more optimistic than they were just a month ago, and the market is on the upswing. However, the rally could run out of steam in the not-so-distant future, a familiar result […]

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