XOP News and Press, SPDR S&P Oil & Gas Explor & Product From 05/03/23

2023-05-03 11:35:00 ET Crude oil prices plunge for a second straight day, with WTI crude tumbling below $70/bbl, on mounting anxiety over the prospect of a U.S. recession amid questions over the financial stability of regional banks, and ahead of a likely 25 basis point rate hike from the F...

2023-04-30 14:15:00 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...

2023-04-27 18:56:05 ET Summary It was a tough week for the energy sector, with commodity-exposed names underperforming. We’re pounding the table for buying equities with oil price exposure for both income and capital appreciation. Kinder Morgan kicked off midstream earn...

2023-04-27 08:30:00 ET Summary In this article, I start by explaining why I believe that we should expect a prolonged period of elevated energy prices, supported by rapidly declining supply growth in the US. I present three oil picks that I expect to outperform their peers while g...

2023-04-26 18:30:40 ET Shares of energy companies fell sharply Wednesday as crude oil futures sunk to their lowest levels this month, weighed by worries of a potential recession that likely would hurt energy demand. The latest U.S. supply data from the Energy Information Administration ...

2023-04-24 10:14:29 ET Summary The March trifecta of oil prices in the $60s, crashing natural gas and the banking crisis did serious damage to onshore oilfield services stocks. Yet, the fundamentals for Liberty Energy are holding steady; the company beat its Q1 earnings estimates....

2023-04-21 17:34:00 ET Summary What can breakeven inflation rates tell us about oil prices, energy stocks, and market direction? It turns out it’s a lot more than you think. With employment back to pre-pandemic levels, the monetary impulse has reversed, the supply-demand im...

2023-04-20 23:00:00 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...

2023-04-20 12:42:53 ET Energy ( NYSEARCA: XLE ) is Thursday's worst performing S&P stock sector, -1.4% , pressured by weak crude oil prices that have erased all gains made since the Saudi Arabia-led production cuts announced at the beginning of April. The U.S. econom...

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. ...