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Occidental Petroleum: Will Buffet Buy More?
Thursday, May 11, 2023 - 4:49pm | 647Warren Buffet has said he and Berkshire Hathaway would not take a controlling interest in Occidental Petroleum (NYSE: OXY), and that's smart. Oxy has a capable CEO who has the company on the right track. That is evidenced by Buffet's remarks, specifically his comments about preferred stock...
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Diamondback Joins Permian Basin Consolidation Wave With Double Acquisition Deals
Tuesday, December 22, 2020 - 8:22am | 649Mineral exploration company Diamondback Energy Inc (NASDAQ: FANG) acquired independent natural gas and oil exploration company QEP Resources Inc (NYSE: QEP), the company announced on Monday. What Happened: As a part of the $2.2 billion acquisition agreement,...
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Oil and Gas Sector Bouncing Back
Monday, June 20, 2011 - 3:04pm | 397The Oil and Gas Sector has been gaining strength over the past thirty minutes, after bouncing off of its lows of the day – currently up 0.61% on the session. The best performing stocks currently in the S&P 500 Oil & Gas Sector currently are: 1) Helmerich & Payne (NYSE: HP): Shares of...
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Top 5 Stocks In The Independent Oil & Gas Industry With The Highest Dividend Yield (LINE, MMLP, PVX, EPD, BTE)
Thursday, February 4, 2010 - 7:52am | 231Below are the top 5 independent oil & gas stocks on the NASDAQ and the NYSE in terms of dividend yield. The dividend yield for Linn Energy LLC (NASDAQ: LINE) is 9.4%. The forward annual dividend yield is 10.20%. Read more on this stock. The dividend yield for Martin Midstream Partners LP (...
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Top 5 Stocks In The Independent Oil & Gas Industry With The Highest ROE (LINE, SNP, CEO, CNQ, MMLP)
Thursday, February 4, 2010 - 7:45am | 228Below are the top 5 independent oil & gas stocks on the NASDAQ and the NYSE in terms of return on equity. The trailing-twelve-month return on equity for Linn Energy, LLC (NASDAQ: LINE) is 30.14%. AG Edwards upgraded LINE from “hold” to “buy.” Read more on this stock. The trailing-twelve-month...