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The XLE ETF has rallied almost 5% this month versus just a 1% gain for the S&P 500. The rally in big oil stocks was long overdue, especially given the prior dramatic underperformance of oil stocks ...
It's leveraged to higher oil prices. It's transparent And it's reducing its debt. There's no question about it: Suncor Energy Inc. is a "Buy." Lots of Leverage, Little Risk Suncor Energy Inc. was ...
In point of fact, no oil company is investing much in renewables — precisely because they’ve got such money gusher going from oil. Those other oil companies also had a banner first quarter ...
He has been writing for InvestorPlace since 2019. The post 7 Oil Penny Stocks to Buy If You’re Hoping for a Gusher appeared first on InvestorPlace. The views and opinions expressed herein are ...
His call to raise the liability an oil company must shoulder is wise, even overdue. But nobody can pencil out the damage. That can't happen till the gusher is plugged and its morphing slick ...
The promised live feed of the BP's undersea oil gusher pumping crude oil into Gulf of Mexico is now on the web site of House Select Committee on Energy Independence and Global Warming. The web ...
Light crude hasn't been sweet to everyone lately. Although oil prices have soared this year, investors with exposure through exchange-traded funds have seen winnings watered down. ETFs track oil ...
On January 10, 1901, after numerous attempts at digging into the salt dome, oil struck. The Spindletop gusher raged for nine days, gushing 100,000 barrels of oil per day. In its first year ...