oil and gas

President-elect Donald Trump‘s victory has fueled a rally in equities. This is likely to sustain as the administration plans on “tax cuts and deregulation will lead to higher corporate earnings,” said Yogesh Kansal, chief business officer at fintech company, Appreciate. He added...

Occidental Petroleum Corp. (NYSE:OXY) reported its third-quarter results after Tuesday's closing bell. Here's a look at the key figures from the quarter.  The Details: Occidental Petroleum reported quarterly adjusted earnings of $1.00 per share, beating the analyst consensus estimate of 74...

Donald Trump will return to the White House and will bring major changes to the country's tax, AI and energy policies. RBC Capital Markets analyst Deane Dray highlighted some of the companies that may benefit from Trump's policies.  Fossil Fuel/ Energy Independence: Trump's plans for energy...

Devon Energy Corp (NYSE:DVN) reported financial results for the third quarter after the bell on Tuesday. Here’s a look at the key metrics from the quarter. Q3 Earnings: Devon Energy reported third-quarter earnings of $1.30 per share, beating analyst estimates of $1.14 per share, according to...

This year’s hurricane season is a deadly one for the eastern and Gulf Coast of the U.S. Several companies and ETFs could be affected by another tropical storm nearing the Gulf Coast. The Storm: Tropical Storm Rafael, the 17th named storm of the 2024 season, formed in the Caribbean, according...

An outdated infrastructure and fuel shortages have again caused severe power blackouts in Cuba, embodying the crisis deeply rooted in the troubled economy. The situation, already critical in recent years, has deteriorated further during hurricane season — Hurricane Oscar just dumped heavy rain —...

Kinder Morgan Inc (NYSE:KMI) reported third-quarter financial results after the market close on Wednesday. Here’s a look at the key details from the quarter. Q3 Earnings: Kinder Morgan reported third-quarter revenue of $3.699 billion, missing the consensus estimate of $3.975 billion...

According to SEC filings, Southwest Gas Holdings, Inc. (NYSE:SWX) and activist investor Carl Icahn have entered into an amended and restated cooperation agreement.  The Details: The updated cooperation agreement provides for participation by the Icahn designees, Andrew W. Evans, Henry P....

Crude oil prices dropped sharply late Monday afternoon after The Washington Post reported Israeli Prime Minister Benjamin Netanyahu told the Biden administration he is willing to strike military targets rather than oil or nuclear facilities in Iran.  The Details: Netanyahu told President Joe...

For meteorologists who study extreme weather events like Hurricane Milton — and Hurricane Helene just two weeks ago — the most frightening aspect of the back-to-back storms isn’t just strength. It’s speed. The fact that Milton mutated from tropical storm to Category 5 hurricane in...

Diamondback Energy Inc (NASDAQ:FANG) shares were climbing in early trading on Friday, during a rise in energy stocks with growing Middle East tensions. Following the Endeavor acquisition, Diamondback and ExxonMobil Corp (NYSE:XOM) are now the dominant players in the Midland Basin, according to BMO...

Each week, Benzinga's Stock Whisper Index uses a combination of proprietary data and pattern recognition to showcase five stocks that are just under the surface and deserve attention. Investors are constantly on the hunt for undervalued, under-followed and emerging stocks. With...

Diamondback Energy Inc (NASDAQ:FANG) shares climbed nearly 3% on Tuesday. Here’s a look at what’s going on. What To Know: Diamondback Energy shares traded higher Tuesday as energy stocks jumped amid rising Middle East tensions. Iran launched an attack on Israel following the recent...

Resistance levels are a large concentration of traders and investors who are looking to sell their shares at, or close to, the same price. The “level” is typically more of a range than a particular price. Sometimes these levels and ranges are clear and well-defined. As you can see on...

Shares of California Resources Corp. (NYSE:CRC) closed higher on Thursday after Hunterbrook Media alleged that a California oil and gas regulator has not enforced a new environmental law in a merger between California Resources and Aera Energy LLC. California Resources is a 2014 spinoff of oil...