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Occidental Petroleum Q2 Earnings Highlights: Warren Buffett Favorite Beats Revenue, EPS Estimates
Wednesday, August 7, 2024 - 4:41pm | 421Oil stock Occidental Petroleum (NYSE:OXY) reported second-quarter financial results after market close Wednesday. Here are the key highlights. What Happened: Occidental reported second-quarter revenue of $6.82 billion, which beat a Street consensus estimate of $6.80 billion according to data from...
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This Underrated Natural Gas Stock Could Rally Double-Digits Soon
Tuesday, April 2, 2024 - 1:54pm | 899A new commodity cycle is approaching for energy stocks; leading the way in this momentum gauge is the Energy Select Sector SPDR Fund (ARCA:XLE). The exchange-traded fund (ETF) outperformed the broader S&P 500 by 2% in the past quarter. While not much to speak of, this performance gap may show...
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Natural Gas Rockets to 6-Month Highs: These 5 LNG Stocks Could Heat Up
Wednesday, August 9, 2023 - 4:20pm | 964U.S. natural gas prices at the Henry Hub distribution hub surged 6% on Thursday, briefly hitting the $3/MMBtu milestone. This marks a remarkable six-month high and extends a five-day streak of upward movement. The recent surge can be partly attributed to the expectation of elevated electricity...
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Utility Bills Are Soaring. How An Analyst Expects To Capitalize With 40% Returns Into 2023
Tuesday, September 20, 2022 - 12:00pm | 561EQT Corporation (NYSE: EQT), a Pittsburgh-based natural gas company, is poised to generate significant free cash flows (FCF) next year with a high-end FCF yield at 30%. The BMO Capital Analyst: Phillip Jungwirth upgraded the rating from Market Perform to Outperform and raised...