News

Investors in both Chevron (NYSE: CVX) and ExxonMobil (NYSE: XOM) had a good Friday, at least as far as their stocks' performance was concerned. On the back of a media report that a very promising

Shares of Chevron (NYSE: CVX) hit an all-time high of nearly $190 a share earlier this year. While the oil giant has come off its peak, shares are up about 70% over the last three years and remain

As oil prices go, so goes Occidental Petroleum's (NYSE: OXY) share price. And both are going down.

Oil prices have fallen in large part because of slower demand from China. As a result, Occidental

Oil prices cratered during the early days of the pandemic, taking oil stocks with them. However, they have rallied sharply since those early days as the global economy has slowly reopened and gotten

On the surface, Costco's (NASDAQ: COST) fiscal third-quarter earnings report may have seemed disappointing. Total sales for the period rose just 1.9% year over year to $52.6 billion and earnings per

Oil prices have gone on a wild ride since Russia invaded Ukraine. They topped out well in the triple digits last summer before steadily declining in recent months on macroeconomic concerns. 

Chevron (NYSE: CVX) recently made a big splash. It agreed to acquire PDC Energy (NASDAQ: PDCE) in a $7.6 billion deal. The highly strategic and accretive acquisition will provide Chevron with a

Companies like Dynatrace (NYSE: DT), whose software provides cloud infrastructure management, have been predicting for a long time that software was going to grow in complexity by an order of

Seemingly unhappy with news of the PDC Energy (NASDAQ: PDCE) acquisition, investors sold off shares of Chevron (NYSE: CVX) yesterday, resulting in the stock falling about 1.8%. Today, however, the

Chevron (NYSE: CVX) is making a big splash. The oil giant has agreed to acquire PDC Energy (NASDAQ: PDCE) in an all-stock deal valuing the oil and gas producer at $7.6 billion, including the

Energy midstream companies have fallen out of favor with investors over the years. Many investors are concerned that demand for fossil fuels will go extinct as the world transitions to cleaner

The use cases for Artificial Intelligence (AI) are growing exponentially as companies discover more ways to leverage the technology. Deepwater oil and gas production and exploration is one of the

Stocks are often lumped into categories, such as growth stocks, value stocks, or dividend stocks. But there's a big difference between a stock whose dividend is the primary reason for owning it and

Warren Buffett's Berkshire Hathaway (NYSE: BRK.A)(NYSE: BRK.B) has been buying shares of Occidental Petroleum (NYSE: OXY) hand over fist. Berkshire Hathaway now owns nearly 24% of the oil company's

Companies with higher-yielding dividends can be at higher risk. In many cases, the higher yield is an investor's reward for taking on more risk that the payout could get cut if market conditions

Shares of Foot Locker (NYSE: FL) were trading down 25% as of 11 a.m. ET on Friday after the retailer announced disappointing sales performance for the first quarter. 

Total sales fell 11.4% year

Energy sector giant Chevron (NYSE: CVX) wasn't looking very mighty on the stock exchange Thursday. The company's share price sank by over 1% on an analyst's price target decrease. While the cut was

Shares of Arcos Dorados (NYSE: ARCO), which, as the name implies, is both the world's largest independent McDonald's franchisee and the largest restaurant chain in Latin America, is living up to its

Pipeline companies ONEOK (NYSE: OKE) and Magellan Midstream Partners (NYSE: MMP) are merging to create a $60 billion energy infrastructure giant. The transformative transaction will form a much more

ExxonMobil (NYSE: XOM) is a global oil and gas industry behemoth. It's a leading hydrocarbon producer. It also boasts a globally integrated business, enabling it to maximize the value of the

Energy Transfer (NYSE: ET) has spent years trying to get a project to convert its Lake Charles facility from importing natural gas to exporting liquified natural gas (LNG) off the ground. It has

Warren Buffett-led Berkshire Hathaway (NYSE: BRK.A)(NYSE: BRK.B) is known for investing in industry-leading companies and holding positions over time. And although many of Buffett's top picks tend

Occidental Petroleum (NYSE: OXY) is a large U.S. producer of carbon fuels. And yet there are material efforts afoot within the industry and outside of it to increase energy companies' exposure to

Chevron (NYSE: CVX) is one of Warren Buffett's five largest holdings. His company, Berkshire Hathaway (NYSE: BRK.A)(NYSE: BRK.B), owns nearly 133 million shares of the oil giant, or about 7% of its