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Investing.com -- Shares in oil and gas producers across the U.S. and Europe fell sharply after the U.S. military halted two weeks of strikes on Iran, with Tehran signaling it would suspend its own attacks as long as the pause holds, easing fears of a broader Middle East escalation and dragging crude prices lower.
TTE's Q2 earnings and sales miss estimates as lower production offset higher revenues, stronger cash flow and refining gains.
In the closing of the recent trading day, Occidental Petroleum (OXY) stood at $52.3, denoting a -2.41% move from the preceding trading day.
At the end of the first quarter, Chevron and Oxy made up 13% of the portfolio, but not anymore.
In the closing of the recent trading day, Occidental Petroleum (OXY) stood at $48.57, denoting a -1.06% move from the preceding trading day.
A number of stocks fell in the afternoon session after crude oil dropped to its lowest level since the start of the Iran war, as tankers resumed transit through the Strait of Hormuz and the U.S. and Iran signaled progress toward ending the conflict.
A number of stocks fell in the afternoon session after crude oil dropped to its lowest level since the start of the Iran war, as tankers resumed transit through the Strait of Hormuz and the U.S. and Iran signaled progress toward ending the conflict.
A number of stocks fell in the afternoon session after crude oil dropped to its lowest level since the start of the Iran war, as tankers resumed transit through the Strait of Hormuz and the U.S. and Iran signaled progress toward ending the conflict.
A number of stocks fell in the afternoon session after crude oil dropped to its lowest level since the start of the Iran war, as tankers resumed transit through the Strait of Hormuz and the U.S. and Iran signaled progress toward ending the conflict.
The S&P 500 Index ($SPX ) (SPY ) today is down -0.18%, the Dow Jones Industrial Average ($DOWI ) (DIA ) is up +0.69%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down -0.83%. June E-mini S&P futures (ESM26 ) are down -0.20%, and June E-mini Nasdaq futures...
Shorting Occidental puts has worked for the last 2 months, as seen in my last 2 Barchart OXY articles. This is even though oil and OXY stock have been volatile, but mostly flat. It makes sense to play this next month.
Despite EOG Resources’ underperformance relative to the energy sector over the past year, Wall Street analysts maintain a moderately optimistic outlook on the stock’s prospects.
Most home-building stocks have been weak in the past year, with Taylor Morrison trading near a 52-week low on Friday.
Warren Buffett stepped down as CEO of Berkshire Hathaway on December 31, 2025, after six decades leading the conglomerate he transformed from a struggling textile mill into a $1 trillion empire. The “Oracle of Omaha” left his successor, Greg Abel, with a very concentrated portfolio: more than 65% of Berkshire’s $381 billion portfolio is invested ... Berkshire Hathaway Is Underperforming, but 4 of Warren Buffett’s Top Picks Are Up Big This Year
Richard from Staten Island has a problem most investors would envy. Six years ago, on his son’s suggestion to capitalize on crashed oil prices, he put $90,000 to $100,000 into Occidental Petroleum at $9 to $10 per share. That bet has compounded into 15,275 shares worth roughly $800,000, representing 80% of his investment portfolio. Combined ... From $90K Bet to $800K Windfall: When Does a Winning Oil Trade Become a Retirement Risk?
The S&P 500 Index ($SPX ) (SPY ) today is down -1.17%, the Dow Jones Industrial Average ($DOWI ) (DIA ) is down -0.96%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down -1.64%. June E-mini S&P futures (ESM26 ) are down -1.07%, and June E-mini Nasdaq futures...
SRE matches Q1 earnings estimates as strong infrastructure and Texas utility results help offset lower revenues and rising debt.
Shares in Exxon, Chevron, and Occidental Petroleum tumble on signs that the Trump administration is close to agreeing a peace deal.
Oil and gas producer Occidental Petroleum (NYSE:OXY) fell short of the market’s revenue expectations in Q1 CY2026, with sales falling 11% year on year to $5.11 billion. Its non-GAAP profit of $1.06 per share was 80.3% above analysts’ consensus estimates.
Energy stocks fell late Friday afternoon with the NYSE Energy Sector Index and the State Street Ener
Energy stocks were lower Friday afternoon, with the NYSE Energy Sector Index decreasing 1.5% and the