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InvestorPlace - Stock Market News, Stock Advice & Trading Tips One of the key asset classes that many expected to benefit from the ongoing tensions between Russia and Ukraine has been commodities. In particular, oil has been predicted to possibly outperform in these uncertain times. Ho...
Unless you’ve been living under a rock for the past 6 weeks, you are painfully aware of recent events in eastern Europe. That story is unfortunately taking a big turn for the worse over the past 24 hours as Russia mobilizes and crosses over the border into Ukraine. For investors, the n...
Oilfield services company Patterson-UTI supplies pressure pumping and contract drilling services. PTEN’s market capitalization is $2.8 billion compared to $1.3 billion ten months ago, and it pays a 1.2% dividend. While US companies are readier to drill than in the last two ...
Energy (XLE +1.7%) is the only S&P sector posting a gain in Wednesday's trading, rebounding from yesterday's downturn with support from a bounce in oil prices. March WTI crude (CL1:COM) +2.3% to $94.24/bbl, after closing Tuesday with a 3.6% drop, while April Brent (CO1:COM) +2.2% to $95.3...
The company reported fourth-quarter 2021 adjusted earnings of $0.25 per share, missing analysts' expectations. The company posted total costs and expenses of $4,315 million for the fourth quarter, up from the same quarter a year ago of $4,083 million. I recommend buying BKR below ...
Close study of the stocks that have come and gone in the S&P 500's Top 10 reveals that only a few stocks are able to maintain that rank for decades. Many that do are on a downward course after 20 years in the Top 10. Microsoft is an exception. Its dramatic rise in market cap s...
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...
The Department of Energy published its monthly drilling productivity report Monday, showing Permian production hitting a new record high, up 71kb/d MoM according to the DOE. However, the increased production comes as drilled but uncompleted wells "DUCs" fall to a near decade low. D...
InvestorPlace - Stock Market News, Stock Advice & Trading Tips The drumbeat of red-hot inflation prints continued last week, with the latest consumer price data revealing the highest annual rise since February 1982. The 7.5% surge in prices sent ripples across risk assets, battering so...
Investors remained jittery on Friday amid continuing worries about higher interest rates and rising geopolitical tensions. As a result, the Nasdaq recorded a decline of almost 3% while the S&P 500 finished lower by nearly 2%. While technology led the major equity averages lower, investors...
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Regulatory News: SLB (NYSE: SLB) today announced that it will proceed with a voluntary delisting of its shares (ISIN: AN8068571086) from Euronext Paris. Consistent with its prior decisions to delist from other exchanges, SLB reviewed the low trading volumes on the Euronext Paris and, give...
Long-term partnership will digitally transform Aker BP’s subsurface workflows to lower costs, shorten planning cycles and increase production more sustainably Regulatory News: This press release features multimedia. View the full release here: https://www.businesswire.com/n...