Oil-related equities face a headwind next year, according to analysts at Citi: excess spare capacity.
In this article, we discuss the 10 most undervalued oil stocks to buy according to hedge funds. To skip the detailed analysis of the oil and gas sector, go directly to the 5 Most Undervalued Oil Stocks To Buy According To Hedge Funds. During the stock market bloodbath of 2022, oil stocks emerged as one […]
(Bloomberg) -- Exxon Mobil Corp. plans to raise share buybacks 14% as the oil giant accelerates crude production in the US Permian Basin, boosted by its $60 billion acquisition of Pioneer Natural Resources Co. Most Read from BloombergBiden Says He Might Not Have Sought Reelection If Trump Weren’t RunningTreasury Frenzy Drives 10-Year Yield Below 4.2%: Markets WrapTruck-Stop Billionaire Fights Warren Buffett to Increase $18 Billion Fortune India Stock Value Tops $4 Trillion, Narrowing Gap With Ho