XOP News and Press, SPDR S&P Oil & Gas Explor & Product From 07/25/22

Energy ( NYSEARCA: XLE ) easily leads Monday's S&P sector standings, +3.1% as U.S. oil futures rise to start the week while remaining below $100/bbl, supported by a slightly weaker U.S. dollar and improving equity markets. September WTI crude ( CL1:COM ) ...

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 report optimizes tradi...

Despite being dragged down with most other asset classes in June’s selloff, resource equities have continued to exhibit remarkable resilience relative to broad equities, bonds and other real assets over the last year. Many resource companies - particularly in oil and gas explor...

We've witnessed the steepest commodity outflows since 2014 over the last week. We see severe constraints to oil production over the next year. We expect oil prices to remain elevated for the foreseeable future. Oil prices have pulled back from recent highs as dem...

Crescent's Uinta acquisition is looking more profitable than originally projected by management. Management has some drilling opportunities to go with the original older production purchases. The market is waiting for that "projected profitability" to show on the quarterly results...

Two opposing forces appear to be dominating the market currently, with investors polarized between recession fears and bargain hunting following this year’s large equity selloff. Investors priced in most central bank tightening and seem more confident with the inflation outlook...

We think the oil/energy price spike from Putin’s war may be plateauing. When oil prices rise, the bonds that are issued by these energy companies get a windfall since their revenue coverage is higher and therefore the coverage of the bonds improves. We are underweight the f...

Midstream put in another strong showing, outperforming the other energy sub-sectors in a volatile week. The crude selloff during the week masked various bullish developments that bode well for fundamentals. This energy equity selloff is an outstanding opportunity to load up on hig...

Antero will report its Q2 earnings card on July 28, as investors parse the company's guidance, given the recent upheavals in the natural gas market. However, we expect Antero to underperform the market over the next four years at its current valuation. Therefore, investors are urged t...

The energy market is a tug-of-war between fundamentals in the energy industry which is pretty tight. The energy sector has been driving a lot of performance in the S&P/TSX Index since the recovery from the Covid-19 pandemic. In the short term, I do expect the integrated compan...