XOP News and Press, SPDR S&P Oil & Gas Explor & Product From 04/19/23

2023-04-19 12:15:34 ET BlackRock does not expect the Federal Reserve to cut rates in 2023 despite some degree of optimism in the market. As a result, the firm warned of potential volatility during the rest of the year, advising investors to consider a more "granular" approach to equities. ...

2023-04-19 08:00:00 ET Summary Texas leads the U.S. in oil and natural gas production and has the greatest oil and natural gas reserves of any state. In 2022, Texas accounted for 64.4% of total U.S. energy exports, with a trade dollar value of $244 billion. The Alerian Texas W...

2023-04-18 03:35:00 ET Summary The financial media has been warning that first quarter earnings forecasts may be decelerating from their original estimates at the start of the quarter, but I do not see that from the analyst community covering our stocks. That’s why itȁ...

2023-04-17 10:33:26 ET Oil prices ( CL1:COM ) have jumped nearly 30% since hitting March lows, a rally that has carried many energy-related names higher. Within this group, what remains the best potential investment? Oil has pushed back above $80 a barrel, which marks a 27.8% ...

2023-04-17 10:30:00 ET Summary The joint stock-bond rally this year has put renewed focus on portfolio construction approaches. We think a new macro regime needs a new approach. U.S. stocks rose last week but lost steam on Friday on the market partly pricing out potential rate cut...

2023-04-12 02:45:00 ET Summary December Non-OPEC oil production decreased by 317 kb/d to 50,784 kb/d. The largest decrease came from the US, 276 kb/d. Output is expected to reach 52,569 kb/d in December 2024, which is 167 kb/d higher than the December 2019 peak of 52,402 kb/d. ...

2023-04-11 07:45:00 ET Stock Traders Daily has produced this trading report using a proprietary method.  This methodology seeks to optimize the entry and exit levels to maximize results and limit risk, and it is also applied to Index options, ETFs, and futures for our subscribers. This...

2023-04-10 15:35:29 ET Energy tops Monday's S&P sector leaderboard, +0.8% , even as U.S. crude oil closed below $80/bbl for its lowest settlement in a week. Shale producers are moving higher, as reports of Exxon Mobil's ( NYSE: XOM ) interest in a potential deal ...

2023-04-10 11:19:33 ET Summary Oil prices recently dropped and popped - a move above $80 means ample profits for many E&P names. Northern Oil and Gas sports very high free cash flow, and WTI's bounce is fuel to its bullish valuation. The chart, though, is not as appealing ...

2023-04-05 03:44:00 ET Summary U.S. oil production increased by 437 kb/d to 12,462 kb/d, a post-pandemic high. From the beginning of April 2021 through to the week ending July 29, 2022, the US added horizontal oil rigs at a rate of close to 3.76 rigs/wk and peaked at 551 rigs in t...