Goldman recommends these energy stocks to play the slump in crude oil
An emission comes out of a smoke stack at the Phillips 66 Refinery on February 6, 2024, in Linden, New Jersey. Gary Hershorn | Corbis News | Getty Images The …
Conocophillips
Wells Fargo CEO talks up reasons to love the stock — plus, why the market drop
Every weekday, the CNBC Investing Club with Jim Cramer releases the Homestretch — an actionable afternoon update, just in time for the last hour of trading on Wall Street. Market …
ConocoPhillips to buy Marathon Oil in $17.1 billion all-stock deal that bolsters shale assets
ConocoPhillips Chairman & CEO Ryan Lance speaks during the CERAWeek oil summit in Houston, Texas, on March 19, 2024. Mark Felix | AFP | Getty Images ConocoPhillips agreed on Wednesday …
Red Sea crisis may lead to tanker shortage, Kuwait Petroleum CEO says
Kuwait Petroleum Corporation Deputy Chairman & CEO Shaikh Nawaf Al-Sabah speaks during the CERAWeek oil summit in Houston, Texas, on March 19, 2024. Mark Felix | Afp | Getty Images …
Alaska’s ice road oil truckers are in a boom, and causing a backlash
A tanker truck sits near a Parker Drilling Co. oil rig in Prudhoe Bay, Alaska, U.S., on Wednesday, Feb. 15, 2017. Four decades after the Trans Alaska Pipeline System went …
Diversification is crushing investors. Will 2024 be different?
In 2023 true diversification killed you. If you chose to buy stocks across a wide swath of sectors —financials, retailers, drugs, foods, utilities, autos, airlines and oils — and your …
There is a bull market in oil and gas thanks to recent mergers
CNBC’s Jim Cramer on Monday said he sees a bull market in oil and gas. He said oil stocks are increasing in value thanks to two major oil company mergers …
What tie-ups in the U.S. oil patch could mean for Coterra Energy
Exxon Mobil ‘s (XOM) planned deal to buy Pioneer Natural Resources (PXD) has sparked talk of more consolidation in the oil-and-gas industry. While we don’t own companies as mergers-and-acquisition plays, …
California Is Suing Big Oil Over Climate Change
Officials have filed a suit against five major oil companies in the state for damages related to climate change. My First Car: Luke Evans and his Loaned Land Rover Governor …
California sues Chevron, Exxon, oil giants on climate change deception
The state of California on Friday filed one of the most significant cases against major oil companies for their role in perpetuating climate change. The 135-page legal complaint, filed through …