(Bloomberg) — Continental Resources Inc. plunged as much as 44% after founder and majority owner Harold Hamm distributed shares to family members, slashing his stake in the shale driller by more than two-thirds. Hamm, the Oklahoma wildcatter who helped usher in the shale-oil breakthroughs that made him a billionaire, held more than 81% of Continental’s […]
Read MoreDillard’s, Inc. (DDS) Dillard’s, Inc. operates retail department stores in the southeastern, southwestern, and midwestern areas of the United States. Its stores offer merchandise, including fashion apparel for women, men, and children; and accessories, cosmetics, home furnishings, and other consumer goods. Teck Resources Limited (TECK) Teck Resources Limited engages in exploring for, acquiring, developing, and […]
Read More(Bloomberg) –BP Plc boosted share buybacks after surging oil and gas prices lifted profit to the highest in almost a decade. The London-based company followed its Big Oil peers Exxon Mobil Corp., Chevron Corp. and Shell Plc, all of which are pouring money back to investors after years of paltry returns. BP will repurchase another […]
Read MorePermian Basin Royalty Trust (PBT) Permian Basin Royalty Trust, an express trust, holds overriding royalty interests in various oil and gas properties in the United States. The company owns a 75% net overriding royalty interest in the Waddell Ranch properties comprising Dune, Judkins, McKnight, Tubb, Devonian, and Waddell fields located in Crane County, Texas. Eagle […]
Read MoreAlcoa Corporation (AA) Alcoa Corporation, together with its subsidiaries, produces and sells bauxite, alumina, and aluminum products in the United States, Spain, Australia, Brazil, Canada, and internationally. The company operates through three segments: Bauxite, Alumina, and Aluminum. PCB Bancorp (PCB) PCB Bancorp operates as the bank holding company for Pacific City Bank that provides various […]
Read More(Bloomberg) — ConocoPhillips said traders should be worried about strong oil production growth coming out of the U.S. this year and in 2023, potentially echoing the supply surges of the past decade. The Houston-based oil major upgraded its forecast for U.S. oil supply growth this year after surprise announcements in recent days by Exxon Mobil […]
Read MorePeabody Energy Corporation (BTU) Peabody Energy Corporation engages in coal mining business in the United States, Japan, Taiwan, Australia, China, India, Vietnam, South Korea, and internationally. The company operates through Seaborne Thermal Mining, Seaborne Metallurgical Mining, Powder River Basin Mining, and Other U.S. Thermal Mining segments. Range Resources Corporation (RRC) Range Resources Corporation operates as […]
Read More(Bloomberg) — (This story was originally published on Oct. 30. Today, Texas is girding for its most severe winter weather since last year’s deadly blackout.)It’s been more than eight months since a glacial chill—the magnitude of which nobody quite anticipated—crept across Texas, forcing power plants offline, freezing natural gas wells and wreaking havoc on every […]
Read MoreSalem Media Group, Inc. (SALM) Salem Media Group, Inc. operates as a multimedia company in the United States. It operates through three segments: Broadcast, Digital Media, and Publishing. The company owns and operates radio networks, which produce and distribute talk, news, website, satellite services, and music networking to radio stations, as well as sells commercial […]
Read More(Bloomberg) — President Joe Biden, who has asked OPEC+ to raise oil production faster to tame runaway energy prices, just got a gift on his home turf instead: a blockbuster growth forecast for U.S. shale production from the country’s two biggest oil companies. Exxon Mobil Corp. said Tuesday it plans to boost output by 25% […]
Read MoreConsumer Portfolio Services, Inc. (CPSS) Consumer Portfolio Services, Inc. operates as a specialty finance company in the United States. It purchases and services retail automobile contracts originated by franchised automobile dealers and select independent dealers in the sale of new and used automobiles, light trucks, and passenger vans. Matador Resources Company (MTDR) Matador Resources Company, […]
Read MoreAntero Resources Corporation (AR) Antero Resources Corporation, an independent oil and natural gas company, acquires, explores for, develops, and produces natural gas, natural gas liquids, and oil properties in the United States. Precision Drilling Corporation (PDS) Precision Drilling Corporation, an oilfield services company, provides oil and natural gas drilling and related products and services in […]
Read MoreBrent crude touched $90 per barrel briefly this week for the first time in years. This latest jump was attributed to tensions around Ukraine, but this is the most transitory reason for oil price rises. The bigger reasons all have to do with fundamentals. And $90 per barrel of Brent may be only the beginning. […]
Read MoreCVR Partners, LP (UAN) CVR Partners, LP, together with its subsidiaries, produces and distributes nitrogen fertilizer products in the United States. The company offers ammonia products for agricultural and industrial customers. Oasis Petroleum Inc. (OAS) Oasis Petroleum Inc., an independent exploration and production company, focuses on the acquisition and development of onshore unconventional oil and […]
Read MoreConocoPhillips explores for, produces, transports, and markets crude oil, bitumen, natural gas, liquefied natural gas (LNG), and natural gas liquids worldwide. The company primarily engages in the conventional and tight oil reservoirs, shale gas, heavy oil, LNG, oil sands, and other production operations. COP $89.6600 2.6000 % 2.9900 Conocophillips Sector : Oils-Energy Industry : Oil […]
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