XOM Stock Drops Following Conclusion of Climate Trial
XOM stock is trading down on Friday following the conclusion of the state of New York’s trial against ExxonMobil Corp (NYSE:XOM) in relation to its role in contributing to the climate crisis.
The …
CHK Stock Turns Higher Ahead of Q3 Earnings This Week
The uncertainty in the energy and oil market has proven to be a problem for many energy stocks, and in that regard, Chesapeake Energy Corporation (NYSE:CHK) is no exception. In 2019, CHK stock has lost …
How a Minority Government Could Impact Canada’s Energy Sector
Canadians awoke to news on Thursday that Justin Trudeau would lead the country’s government for a second term after his Liberal party failed to achieve a majority, meaning Canada will see its first minority government …
HSE Stock Sinks on Disappointing Earnings and Major Layoffs
HSE stock is in the red today after Husky Energy (TSX:HSE) (OTCPK:HUSKF) reported underwhelming third-quarter results and announced plans to layoff an indefinite number of its staff.
Husky reported a 50% drop in …
PBR Stock Gains After Reporting Robust Third Quarter Numbers
PBR stock is moving up on Friday after Petroleo Brasil (NYSE:PBR) reported a solid rise in Q3 production to 2.88M boe/day.
Impressive Jump in production
Brazil’s state-run oil behemoth Petroleo Brasileiro SA, better …
Why Oil Prices Might Keep Surging After the Saudi Attack
Over the weekend, an oil refinery in Saudia Arabia was attacked, knocking millions of barrels of Saudi production offline. The Saudi attack has resulted in several things, from a surge in oil prices to an …
BHGE Stock Sinking as General Electric Sells Off 50% Stake
BHGE stock is down 7% today as its parent company, General Electric (NYSE:GE), sells off its majority stake in the oil field services company.
Baker Hughes (NYSE:BHGE), a General Electric Company, was merged …
CHK Stock Jumps 25% in a Week: What Investors Need to Know
CHK stock has been recovering over the past week with a gain of over 25%. Let’s analyze if the stock’s recent movements.
Key Developments
Companies that are successful in a certain line of …
XOM Stock: ExxonMobil’s Growth Strategy is on Track
In recent years Exxon Mobil Corporation (NYSE:XOM) has faced tough times and XOM stock in the last three years has shed over 20% because of the growing volatility in the oil market. Equally, the company …
SAEX Stock Plunges 31% on News of Securities Claim Investigation
SAEX stock is plunging more than 30% Friday after news of an investigation into SAExploration Holdings (NASDAQ:SAEX) was announced.
Here’s what we know about what’s going on right now.
SAEX Stock Plunges … Read