XOP News and Press, SPDR S&P Oil & Gas Explor & Product From 08/15/22

Africa Oil Corp. has announced an interest in repurchasing 10% of its float across 12-months, the maximum allowed. The company has a net cash position, even accounting for Africa Oil Corp.'s Prime Oil and Gas debt. A final investment decision is expected to come this year for the ...

The Russian war in Ukraine has had a massive impact on the European energy market, a result of which is runaway inflation across the continent. Nigeria’s substantial resource wealth and geographic proximity to Europe make it a very attractive partner for meeting the continent&#...

Energy stocks top Thursday's S&P sector standings as crude oil futures climbed higher, finding support after the International Energy Agency raised its forecast for global oil demand growth. September WTI crude oil ( CL1:COM ) +3.1% to $94.78/bbl, approaching its $94.98/...

Midstream Q2 earnings continued to come in strong, while macro fears hit equity prices. The sector's fundamental outlook remains bullish and we believe the equity selloff is a gift to long-term energy income investors. We discuss the takeaways from midstream earnings reports. ...

A conservative model of future World Crude plus Condensate (C+C) output is presented in this article. My model projects continued 1.2% average annual growth in C+C output from 2022 to 2029 when the final peak in output is projected. The annual rate of decline gradually increases t...

Elevated inflation, slowing global economic growth expectations, and reduced central bank liquidity remain the key economic considerations. The policy interest rate divergence between the U.S. and Europe is likely to increase amid heightened recession risk in Europe. We expect mar...

Two economic reports from last week, attempting to measure essentially the same thing, reported results that were so different they could be about two different countries. The rising rate, rising dollar environment is intact. The 10 year Treasury rate is in a short-term downtrend but ...

What's Working are the "Risk On" sectors and What's Not Working is Energy. We saw a number of earnings highlights, including Starbucks and EPAM Systems. Retail continues to be challenged. Brian Dress, CFA -- Director of Research, Investment Advisor No matter how ...

The investment landscape has been much more difficult for most sustainable portfolios since the fourth quarter of last year. One thing that we know is that the sustainability challenges that these stocks are connected to haven’t gone away. If anything, the economic challeng...

It’s hard to believe that even after dramatically outperforming the broad stock market for almost two years now, energy stocks still trade at a massive discount. In that context, however, it’s not hard to understand why executives in the sector have been, and still remai...