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On April 9, OPEC, led by Saudi Arabia, was joined by Russia and other major global producers in an agreement to take a record amount of crude oil production off the market . The 10 million-barrel-per-day reduction in output the participants agreed to is a massive change in course and will help ...
Oil stock? Nobody's traveling. Hotel stock? Nobody's traveling. Mall stock? Nobody's shopping! I get it. It's obvious why investors have turned their backs on Phillips 66 (NYSE: PSX) , Tanger Factory Outlet Centers (NYSE: SKT) , and Ryman...
In a matter of months, the global economy has gone from steady growth to a sharp drop into recession. COVID-19, the illness caused by a novel coronavirus that's rapidly spreading around the world, has put the brakes on the global economy. Air travel, cruise lines, and hotel bookings have been d...
New York City, NY: April 10, 2020 – Recent Research and Future Market Potential of Battery-powered Breast Pumps Market in Global Industry: 2020 Research and New Innovations in Consumer Goods Sector. The prime objective of the report is to offer updates and information related to future...
The merchant refining sector has staged a relief rally in recent weeks as investors have responded positively to early reports that efforts to "flatten the curve" in major U.S. COVID-19 hot zones have been successful. The share prices of CVR Energy ( CVI ), Delek US Holdings ( DK ), H...
There are many, many safer sectors to invest in right now than the oil industry. Yes, the entire stock market is in turmoil due to coronavirus concerns, but companies in this sector are dealing with an oil price collapse on top of the sudden drop in demand for fuel caused by travel restrictions....
Shares of oil refiners Phillips 66 (NYSE: PSX) , HollyFrontier (NYSE: HFC) , and PBF Energy (NYSE: PBF) lost more than one-quarter of their value in March, according to data provided by S&P Global Market Intelligence . That was more than twice th...
The U.S. 10th Circuit Court of Appeals yesterday rejected a request for a rehearing from oil refiners HollyFrontier (NYSE: HFC ) and CVR Energy (NYSE: CVI ) seeking to challenge the court's January ruling that the Environmental Protection Agency had issued biofuel waivers inappropriat...
As much as the rest of the stock market has been on a strange, painful ride over the past six weeks, oil stocks have been brutalized. Global oil markets are in total disarray as oil demand craters with global travel all but halted, and Saudi Arabia threatens to flood the market further in an eff...
New York City, NY: April 06, 2020 – Published via (Wired Release) – Recent Research and Future Market Potential of Ceiling-Mounted Lighting Market in Global Industry: 2020 Research and New Innovations in Consumer Goods Sector. The prime objective of the report is to offer updates...
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2024-07-29 03:14:00 ET Dividend stocks can be fantastic investments. Over the last five decades, dividend payers outperformed the average S&P 500 member (9.2% annualized total return compared to 7.7%). However, the best returns have come from dividend growers (10.2% annualized). ...
2024-07-21 08:45:00 ET In addition to being the most valuable U.S.-based energy company, ExxonMobil is a consistent dividend payer, with over 42 consecutive years of raising its payout . With a diversified business model and enough cash flow to invest in organic growth, acquisitions...