• What Type Of Shareholder Owns CenterPoint Energy, Inc.'s (NYSE:CNP)?
    Simply Wall St.

    What Type Of Shareholder Owns CenterPoint Energy, Inc.'s (NYSE:CNP)?

    The big shareholder groups in CenterPoint Energy, Inc. (NYSE:CNP) have power over the company. Insiders often own a...

  • ConocoPhillips (COP) Gains As Market Dips: What You Should Know
    Zacks

    ConocoPhillips (COP) Gains As Market Dips: What You Should Know

    In the latest trading session, ConocoPhillips (COP) closed at $60.82, marking a +1.42% move from the previous day.

  • 3 Dividend-Paying Tech Stocks for Income Investors to Buy Right Now
    Zacks

    3 Dividend-Paying Tech Stocks for Income Investors to Buy Right Now

    We searched for strong tech companies that also pay a dividend, utilizing our Zacks Stock Screener. These three tech stocks should remain attractive to investors even during a potential market downturn...

  • Should You Worry About Occidental Petroleum Corporation's (NYSE:OXY) CEO Salary Level?
    Simply Wall St.

    Should You Worry About Occidental Petroleum Corporation's (NYSE:OXY) CEO Salary Level?

    Vicki Hollub became the CEO of Occidental Petroleum Corporation (NYSE:OXY) in 2016. This analysis aims first to...

  • Chevron Set to Ramp Up Production at Its St. Malo Field
    Zacks

    Chevron Set to Ramp Up Production at Its St. Malo Field

    With its St.Malo waterflood project, Chevron (CVX), a leading producer in the Gulf of Mexico, is making its first appearance in the deepwater Wilcox trend.

  • ONEOK (NYSE:OKE) Shareholders Booked A 54% Gain In The Last Three Years
    Simply Wall St.

    ONEOK (NYSE:OKE) Shareholders Booked A 54% Gain In The Last Three Years

    By buying an index fund, investors can approximate the average market return. But if you pick the right individual...

  • The Zacks Analyst Blog Highlights: ExxonMobil, Chevron, ConocoPhillips, Valero Energy and Phillips 66
    Zacks

    The Zacks Analyst Blog Highlights: ExxonMobil, Chevron, ConocoPhillips, Valero Energy and Phillips 66

    The Zacks Analyst Blog Highlights: ExxonMobil, Chevron, ConocoPhillips, Valero Energy and Phillips 66

  • Zacks Value Trader Highlights: Exact Sciences, Edwards Lifesciences, Bristol Myers-Squibb, Occidental Petroleum and Exxon Mobil
    Zacks

    Zacks Value Trader Highlights: Exact Sciences, Edwards Lifesciences, Bristol Myers-Squibb, Occidental Petroleum and Exxon Mobil

    Zacks Value Trader Highlights: Exact Sciences, Edwards Lifesciences, Bristol Myers-Squibb, Occidental Petroleum and Exxon Mobil

  • R.R. Donnelley & Sons Company (RRD) Shares March Higher, Can It Continue?
    Zacks

    R.R. Donnelley & Sons Company (RRD) Shares March Higher, Can It Continue?

    As of late, it has definitely been a great time to be an investor in R.R. Donnelley & Sons Company (RRD).

  • Bloomberg

    Europe Renews Pledge to Retaliate Against Any Trump Car Tariffs

    (Bloomberg) -- The European Union’s trade chief reiterated a pledge to impose retaliatory tariffs against the U.S. should President Donald Trump follow through on a threat to hit the bloc’s automotive goods with duties.European Trade Commissioner Cecilia Malmstrom criticized Trump’s assertion in May that EU cars and auto parts shipped to the American market pose a security risk to the U.S. The Trump administration faces a self-imposed deadline of mid-November to decide whether to curb such imports.“We firmly reject that we are a security threat,” Malmstrom told a conference in Brussels on Friday. “That is absurd. If there will be tariffs there, we would take countermeasures.”Transatlantic trade ties -- the world’s biggest economic relationship -- are approaching a crucial juncture largely in the shadow of the U.S.-China commercial war:Planned EU-U.S. negotiations to eliminate duties on industrial products remain blocked by American demands to include agriculture in any market-opening dealBoth sides are set for a tit-for-tat tariff fight over aircraft aid deemed illegal by the World Trade OrganizationTrump is keeping alive the possibility of automotive import levies The EU is deeply concerned about a looming deadlock at the WTO’s appellate body, to which the U.S. has refused to consider any appointments on the grounds the forum’s members have strayed from their original mandate. “Relations are tense,” said Malmstrom, a Swede whose five-year term as EU trade commissioner ends on Oct. 31. She is due to be succeeded by Ireland’s Phil Hogan, who is currently EU agriculture chief and who earlier this month called Trump “reckless.”Harley, BourbonLast year, Trump infuriated Europe by declaring American imports of steel and aluminum a security threat and imposing levies of 25% and 10%, respectively, on shipments from around the world including the EU. That prompted the bloc to retaliate with a 25% tariff on 2.8 billion euros ($3.1 billion) of American goods such as Harley-Davidson Inc. motorcycles, Levi Strauss & Co. jeans and bourbon whiskey.A 25% U.S. levy on foreign cars would add 10,000 euros to the sticker price of EU vehicles imported into the country, according to the Brussels-based European Commission, the bloc’s executive arm.The value of EU automotive exports to the American market is about 10 times greater than that of the bloc’s steel and aluminum exports combined. As a result, European retaliatory duties would target a bigger amount of U.S. exports to Europe.Caterpillar Inc. trucks, Xerox Corp. machines and Samsonite International SA luggage are among U.S. goods that would face such EU retaliation, a senior European official said in late February on the condition of anonymity.To contact the reporter on this story: Jonathan Stearns in Brussels at jstearns2@bloomberg.netTo contact the editors responsible for this story: Ben Sills at bsills@bloomberg.net, Richard Bravo, Caroline AlexanderFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.

  • Oilprice.com

    How New Technology Is Revolutionizing Oil & Gas

    After years of lagging behind other industries, the oil and gas sector has finally embraced modern technological innovations in order to increase efficiency

  • Crude Prices Drop Amid Surprise Growth in U.S. Stockpiles
    Zacks

    Crude Prices Drop Amid Surprise Growth in U.S. Stockpiles

    Crude traded below $60 a barrel as investors also weighed the prospect of an earlier-than-expected recovery in state-run Saudi Aramco's affected production.

  • Permian Hotspot Tracks Methane as Oil Boom Spurs Climate Concern
    Bloomberg

    Permian Hotspot Tracks Methane as Oil Boom Spurs Climate Concern

    (Bloomberg) -- New Mexico is turning to satellites and artificial intelligence to track methane emissions as soaring oil and natural gas production from the Permian Basin stokes concern about climate change.The southwestern state will use a model being developed by Descartes Labs to map and quantify how much of greenhouse gas is being released, according to a statement. The data, which will be available to the public, will help oil companies manage methane and guide state inspectors to potential problem areas on an almost real-time basis.It’s the latest step in New Mexico Governor Michelle Lujan Grisham’s plan for a state rule on emissions of methane, the main component of natural gas and a greenhouse gas that’s far more potent than carbon dioxide. The drilling boom in the Permian, which spans West Texas and New Mexico, has spurred concern about methane leaks.“We’ve got one of the largest methane hotspots in the country,” Grisham said in a telephone interview. It’s taken the oil and gas industry “too long to accept responsibility and do something meaningful about it,” she said.One of the challenges of addressing the issue, however, is quantifying just how big it is. At a public meeting last month in Carlsbad, a hotbed of oilfield activity, there wasn’t even consensus over whether methane emissions had risen or fallen.The methane data initiative comes as New Mexico works toward a goal of cutting greenhouse gas emissions 45% by 2030 from 2005 levels. Lujan Grisham is meeting on Thursday with oil producers including EOG Resources Inc., Occidental Petroleum Corp. and Pioneer Natural Resources Co. to discuss ways to reach the target.\--With assistance from Rachel Adams-Heard.To contact the reporter on this story: Naureen S. Malik in New York at nmalik28@bloomberg.netTo contact the editors responsible for this story: Simon Casey at scasey4@bloomberg.net, Christine Buurma, Joe RichterFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.

  • Elephants Elusive: Should Buffett Seek a Smaller Animal?
    Market Realist

    Elephants Elusive: Should Buffett Seek a Smaller Animal?

    In this year’s annual shareholder letter, Berkshire Hathaway (BRK.B) CEO Warren Buffett discussed the possibility of an “elephant-sized acquisition."

  • ExxonMobil and Chevron: Upstream Portfolio Positioning
    Market Realist

    ExxonMobil and Chevron: Upstream Portfolio Positioning

    Integrated oil companies ExxonMobil and Chevron have strong upstream portfolios, which play a vital role in determining their profitabilities.

  • Bloomberg

    Blackstone, Apollo Are Said to Eye Western Midstream Stake

    (Bloomberg) -- Blackstone Group Inc. and Apollo Global Management Inc. are interested in bidding for a majority stake in Western Midstream Partners LP being sold by Occidental Petroleum Corp., according to people familiar with the matter.Global Infrastructure Partners and KKR & Co. are also interested, said the people, who asked to not be identified because the matter isn’t public. Apollo is considering investing in the oil and gas pipeline operator through Spartan Energy Acquisition Corp., a special purpose acquisition vehicle it backs, the people said.A deal could be reached by the end of this year, they said. Nothing has been finalized and Occidental could opt to keep full ownership of the company, they said.Representatives for Blackstone, Apollo, Global Infrastructure Partners and KKR declined to comment. Representatives for Occidental, Western Midstream and Spartan didn’t respond to requests for comment.Western Midstream fell 1% to $26.54 at 12:09 p.m. in New York trading Thursday, for a market value of $12 billion.Western Midstream, based in the Woodlands, Texas, has more than 15,200 miles of oil and gas pipelines and about six dozen processing and treatment facilities in the Midwestern U.S. and Texas, according to an investor presentation in May.Occidental Petroleum acquired a majority stake in the company via its purchase last month of Anadarko Petroleum Corp., which had formed the company to house its pipeline operations. The potential divestiture would help Occidental meet its goal of selling $10 billion to $15 billion in assets over the next two years to pay down debt.(Updates share price in fifth paragraph.)\--With assistance from Kevin Crowley.To contact the reporter on this story: Kiel Porter in Chicago at kporter17@bloomberg.netTo contact the editors responsible for this story: Liana Baker at lbaker75@bloomberg.net, Matthew Monks, Simon CaseyFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.

  • Sega gives people a good reason to visit GameStop
    Yahoo Finance

    Sega gives people a good reason to visit GameStop

    Sega hopes nostalgia will lure gamers to buy its new Genesis Mini console.

  • Stock Investors: Do You Need a Late Cycle Plan?
    Zacks

    Stock Investors: Do You Need a Late Cycle Plan?

    The financial media keeps talking about the economy being in the late cycle but that doesn't mean you can't be buying stocks.

  • The Zacks Analyst Blog Highlights: AbbVie, Union Pacific, CSX, Danaher and ONEOK
    Zacks

    The Zacks Analyst Blog Highlights: AbbVie, Union Pacific, CSX, Danaher and ONEOK

    The Zacks Analyst Blog Highlights: AbbVie, Union Pacific, CSX, Danaher and ONEOK

  • US Manufacturing Output Rises in August: Will the Trend Stay?
    Zacks

    US Manufacturing Output Rises in August: Will the Trend Stay?

    Despite the year-long trade war denting business confidence, leading to a slump in the manufacturing industry, it is poised to perform well riding on the back of improving construction demand.

  • Outlook for Oil & Gas Integrated International Industry Bleak
    Zacks

    Outlook for Oil & Gas Integrated International Industry Bleak

    Outlook for Oil & Gas Integrated International Industry Bleak

  • Tariffs Cast a Pall Over Retail: 5 Stocks on Alert
    Zacks

    Tariffs Cast a Pall Over Retail: 5 Stocks on Alert

    The List 4 tariffs sparked concerns for the retail sector and American consumers making everyday goods expensive. Some retailers lowered outlooks for the current year due to the tariff woes.

  • Occidental Petroleum (OXY) Stock Sinks As Market Gains: What You Should Know
    Zacks

    Occidental Petroleum (OXY) Stock Sinks As Market Gains: What You Should Know

    In the latest trading session, Occidental Petroleum (OXY) closed at $44.60, marking a -1.22% move from the previous day.

  • Caterpillar (CAT) Stock Sinks As Market Gains: What You Should Know
    Zacks

    Caterpillar (CAT) Stock Sinks As Market Gains: What You Should Know

    In the latest trading session, Caterpillar (CAT) closed at $131.07, marking a -0.83% move from the previous day.

  • Permian Oil Production Growth to Continue: 5 Stocks in Focus
    Zacks

    Permian Oil Production Growth to Continue: 5 Stocks in Focus

    Production from the Permian Basin of Texas and New Mexico is set to climb by 71,000 barrels per day to a record of about 4.485 million barrels per day in October.