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The number of dividend cuts and suspensions announced by publicly traded firms in the United States has soared during April 2020 in one of the worst single months for dividend-paying firms in stock market history. The following chart shows the classic recessionary sign of the number of divid...
The Texas Railroad Commission officially votes against mandating oil production cuts, ending a month-long debate about what actions the state regulator might take affect crude prices cratered to historic lows. More news on: Chevron Corporation, Occidental Petroleum Corporation, Concho Re...
Stocks rose sharply on Tuesday as investors bet the U.S. economy could start to re-open again. Oil prices increased for a fifth straight day. The Dow Jones Industrial Average jumped 385.03 points, or 1.6%, to 24,134.79. The S&P 500 climbed 50.26 points, or 1.8%, to 2,893. ...
Energy ( XLE +2.7% ) tops the S&P 500 sector leaderboard, sparked by optimism around ongoing production cuts and a recovery in demand with the reopening of economies around the world. More news on: Energy Select Sector SPDR ETF, Occidental Petroleum Corporation, Concho Resources Inc....
Equatorial Guinea's government is granting two-year extensions to oil and gas companies on their exploration programs, in an attempt to keep investments flowing into the country's energy industry during the plunge in oil demand and prices. More news on: Exxon Mobil Corporation, Marathon ...
The Texas regulator who had proposed mandating oil production cuts by 1M bbl/day now says the issue is "dead," a day before the state was set to vote on the measure. More news on: Pioneer Natural Resources Company, Parsley Energy, Inc., Chevron Corporation, Energy stocks news, Stocks on ...
Executive Summary The title of the piece gives homage to the New York Times business section byline from March 1982. SOURCE The 1982 recession occurred for much different reasons, yet the outcome was very similar - extreme unemployment. The 1982 recession was the worst economic d...
Oil and gas names ( XLE +5.9% ) soar to the top of today's S&P sector leaderboard, as crude oil runs to highs of the day after U.S. stockpiles rose by 9M barrels for the week ending April 24, well below consensus estimates. More news on: Energy Select Sector SPDR ETF, SM Energy Com...
Original post Editor's Note : The summary bullets for this article were chosen by Seeking Read more ...
Energy stocks ( XLE +4.6% ) sprint to healthy gains , pacing the S&P's 11 sectors, as June WTI crude oil prices spike 30% to highs of the day. More news on: Energy Select Sector SPDR ETF, Apache Corporation, Noble Energy, Inc., Energy stocks news, Stocks on the move, News on ETFs,...
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Noble Corporation Completes Sale Of Four Jackups In Saudi Arabia PR Newswire SUGAR LAND, Texas , Nov. 3, 2021 /PRNewswire/ -- Noble Corporation (NYSE: NE, "Noble", or the "Company") today announced it has completed the sale of four jackup rigs to a subsidiar...
Noble Corporation Provides Status Update On Noble Globetrotter II PR Newswire SUGAR LAND, Texas , Sept. 2, 2021 /PRNewswire/ -- Noble Corporation (NYSE: NE, "Noble" or the "Company") today provided an update on the Noble Globetrotter II ultra-deepwater d...
Noble Corporation To Announce Second Quarter 2021 Results PR Newswire SUGAR LAND, Texas , July 16, 2021 /PRNewswire/ -- Noble Corporation (NYSE: NE) today announced it plans to report financial results for the second quarter 2021 on Tuesday, August 3, 2021...