XOP News and Press, SPDR S&P Oil & Gas Explor & Product From 08/16/23

2023-08-16 15:01:26 ET Invesco argued Wednesday that rising energy prices could curtail the process of bringing down elevated levels of inflation. Still, the firm said the longer-term disinflationary trend should continue. “We could see upward pressure on headline inflation ...

2023-08-15 11:30:00 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...

2023-08-15 11:00:00 ET Summary The market is showing signs of weakness and lacks sustainable upside momentum. The recent sell-off has broken key moving averages, indicating a potential shift in market sentiment. The market's reaction to economic news, such as CPI data, suggest...

COPL Announces Q2-2023 Financial Results & Gas Gathering System Completion LONDON, UK and CALGARY, AB / ACCESSWIRE / August 15, 2023 / Canadian Overseas Petroleum Limited and its affiliates ("COPL" or the "Company") ( XOP :CSE) & ( COPL :LSE), an international oil and gas exploration...

2023-08-13 07:14:21 ET Summary Investment in liquefied natural gas has greatly stepped up since 2022 when Europe lost its access to piped gas from Russia. As a supplier of gas turbines and other related equipment, Baker Hughes is positioned to benefit from the LNG trend. Baker...

2023-08-10 16:38:38 ET Summary Mixed signals from investor activity in oil stocks are indicating caution after giving a buy signal last June. Crude oil prices are oversold long term and, with a relatively high short position by asset manager positions, one should expect crude oil ...

2023-08-10 13:03:49 ET Oil ( CL1:COM ) prices were lower in Thursday's midday trading after setting a new 8-month high earlier in the day. After a rally since late June, VanEck expects the elevated prices in crude will hold. “We expect oil to hold its value due to significant...

2023-08-09 17:07:32 ET Summary Oil & gas stocks are showing high relative strength. At the same time, spot prices in crude oil and natural gas are breaking out of big multi-month bases. I realise that the strength in uranium miners (my recent conviction buy call) may be part o...

2023-08-07 11:00:17 ET Summary Exxon's earnings are down but oil price-adjusted ROCE is at a 15-year high. Exxon's capital allocation decisions have positioned the company for structurally higher returns on capital, not seen since before the GFC. Don't just focus on the oil pr...

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...