GE could use the GE Capital piggy bank to maintain its common dividend, but corporate finance theory would indicate that is not a value-creative strategy due to the weakness in the core industrial business.
GE is a mess and third quarter results are unlikely to improve the Street’s outlook on GE shares.
Saudi’s decision to cede market share in exchange for higher crude prices is a boon for the industry.
The flat forward curve for oil underrepresents the impact of rising demand.
Energy Transfer Partners 11.6% yield makes the units attractive for purchase despite some problems in execution.
America’s lack of a coherent energy policy for four decades is being exposed in Harvey’s aftermath.
Goldman’s untimely call on the E+Ps makes them even better buys in the wake of Harvey.
I see more value in the E&P stocks–which are being sold off in the wake of Harvey–than in stocks of the refiners, which have performed relatively well.
Oil’s fall has opened up an opportunity to buy energy stocks during Harvey.
XOM shares are an excellent way to play crude’s rebound.
It’s time to exit the profitable post-Brexit trade in British stocks
Exxon Mobil and Chevron both beat first quarter earnings estimates due to a rebound in the price of natural gas.
They did it. According to multiple media reports today, OPEC ministers have agreed to adhere to cap production at the lower end of the “Algiers Accord” band of of 32.5 – 33.0 million barrels of oil per day (mmbpd.) In my column Monday I predicted OPEC …
As oil prices gyrate ahead of OPEC’s meeting on Wednesday in Vienna, markets are focusing strictly on the supply picture. Will Saudi Arabia be able to corral recalcitrant OPEC members like Iran and Iraq into a deal to rein in production to 32.5 – 33.0 …
Now that the election is over, the signature event for the markets between Thanksgiving and the Fed meeting of December 15th and 16th is this week’s OPEC meeting. Technically, the meeting is the 171st Meeting of the OPEC Conference. Two early sessions …
The global stock markets have reacted sharply to the stunning victory by Donald Trump in the U.S. Presidential election. Wire reports are indicating that Secretary Clinton has called Trump to concede, and thus this most unbelievable outcome is now reality. S&P 500 futures fell more than 5% as early results were […]