XOP News and Press, SPDR S&P Oil & Gas Explor & Product From 08/04/23

2023-08-04 06:25:00 ET Summary U.S. May oil production decreased by 15 kb/d to 12,662 kb/d. U.S. shale producers slashed drilling and well completions in the second quarter, cutting demand for equipment and services. Permian monthly production increments have been falling sinc...

2023-08-02 08:00:00 ET Summary Consolidation continues to be a theme across energy subsectors as companies seek scale, integration, diversification, and for midstream, simplification. Several deals have been announced or completed this year for producers, midstream companies, and ...

2023-08-01 05:15:00 ET Summary It’s Q2 earnings season, and many of our stocks are already exhibiting relative strength, which is a sign that money is gravitating to companies that will post the strongest quarterly results and the best future guidance. We’re finally ...

Convertible Bond Share Issuances LONDON, UK and CALGARY, AB / ACCESSWIRE / August 1, 2023 / Canadian Overseas Petroleum Limited and its affiliates ("COPL" or the "Company") (CSE: XOP )(LSE: COPL ), an international oil and gas exploration, production and development company with production a...

2023-07-31 17:30:25 ET U.S. crude oil prices climbed to fresh three-month highs Monday and posted their best monthly gains in a year and a half, supported by tightening global supply and rising demand. Front-month Nymex crude ( CL1:COM ) for September delivery closed +1.5% Mon...

2023-07-27 08:54:00 ET TD Wealth argued that the recent rally in oil ( CL1:COM ) prices may have more staying power than many think, thanks in part to macro and geopolitical sentiments and the basic fundamentals of oil's position. "So the fundamentals of supply demand are quite cons...

2023-07-27 08:00:00 ET Summary Rob Isbitts and Matthew Tuttle discuss their investment strategies and the current market climate. Business trends, Elon Musk's influence, and the market rally. SPY, DIA, QQQ, potential market range, and the importance of treasury bonds. ...

2023-07-26 19:25:00 ET Summary Why oil suddenly found its legs in the market. The impact improving macro sentiment is having on commodities. Potential risks to oil's rally. The price of oil has climbed to a three-month high amid signs of tighter supplies. Hussein A...

2023-07-18 13:45:00 ET Summary While caution in some areas of the commodities space may be prudent, there are also reasons for optimism. Given the still-uncertain economic environment combined with the rise in equity valuations, we believe taking a more cautious stance is prudent ...

2023-07-17 23:50:07 ET Summary The bullish thesis for natural gas is intact even though prices are unlikely to revert to last year's levels. I show charts that compare large U.S. gas producers on a number of metrics including liquids yield, price realizations, hedges, and valuatio...