Oil

Record Dividends are Energizing These Oil Majors

Record Dividends are Energizing These Oil Majors

It’s a good time to be an investor that focuses on dividends. According to the asset management company Janus Henderson, investors enjoyed a record haul for global dividends in the third quarter. Total global payouts hit $415.9 billion in the third quarter of 2022. The seven percent rise from the same period a year ago […]

How to Play the White House’s New Oil Price Floor

How to Play the White House’s New Oil Price Floor

To help hold down fuel and energy prices, the Biden administration has been selling oil out of the Strategic Petroleum Reserve (SPR), to the tune of three million barrels per week since the start of the year. Now, with the SPR at its lowest level since the 1980s, the administration’s plan to refill the reserve […]

What’s The Story With This XOM Block Trade

What’s The Story With This XOM Block Trade

With energy markets being highly volatile this year, it’s not a surprise to see large block trades occur in big energy companies.  Oil and gas giant, Exxon Mobil (XOM), tends to have plenty of options volume on a regular basis. However, on a busy day last week, it traded nearly twice the amount of average […]

Oil Dividends Gusher Continues

Oil Dividends Gusher Continues

On August 24, we had confirmation of what I’ve been saying for a while now: energy is the place to invest if you’re looking for dividends, specifically oil dividends. As Reuters reports: “Energy companies reaping record profits from soaring oil and gas prices have helped global dividend payments to shareholders soar above pre-pandemic levels and […]

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This Shale Pioneer Refocusing on Natural Gas

Forget oil—the real money is in natural gas. Or at least that’s the message coming from a pioneer of the U.S. shale revolution, Chesapeake Energy (CHK). From Prince to Pauper to Prince Again? Once upon a time—when its stock was valued at more than $35 billion and its CEO, Aubrey McClendon, had the biggest pay […]

Oil Service Companies’ Gusher

Oil Service Companies’ Gusher

I continue to love the sector Wall Street seems to hate: energy. Analysts are saying oil has peaked and bad times are directly ahead for the sector. I believe that oil markets are more fragile than the recent price decline might signal. The same factors that sent energy prices higher over the past year remain […]

An Oil Stock to Ride Out the Looming Recession

An Oil Stock to Ride Out the Looming Recession

At the moment the oil market at the moment is much like the famous quote from the beginning of “A Tale of Two Cities.” It is a tale of two markets: the futures market for oil (controlled by Wall Street) and the physical market, which reflects the real-world demand for oil. Both factor in many […]

Global Oil Shortage Drives The Re-fracking Boom

Global Oil Shortage Drives The Re-fracking Boom

The ongoing global oil shortage has triggered President Joe Biden’s call to shale producers to spend more of their profits on increasing output. But shale firms have been under pressure from shareholders for many years to focus on returns rather than production growth, this has been one of many contributors to the global oil shortage. […]

An Energy Stock With Growth

An Energy Stock With Growth

There has been only one bright spot in what’s turning out to be an annus horribilis for U.S. stocks – the energy sector. The S&P 500 has fallen into a bear market, down more than 20% this year. The benchmark index is on pace for one its worst opening six months since 1970. Historically, there […]

The Oil Company Well Keeps Gushing

The Oil Company Well Keeps Gushing

Soaring fuel prices have boosted inflation to a year-over-year increase of 8.6%, the highest level since 1981! And there is more to come: the lack of refining capacity is expected to drive up U.S. gasoline prices by more than a dollar, to $6 a gallon by August as oil and oil related products continue to […]