Canadian pipeline operator Enbridge Inc. (ENB) on Tuesday agreed to buy Spectra Energy Corp. (SE) based out of Houston in an all-stock deal valued at about $28 billion US. This deal would create a North American energy-infrastructure giant at a time when growth is challenged by lower oil and gas prices and more stringent regulatory rules. Enbridge […]
I currently have stock market alerts linked to my phone, so whenever a stock on my watch list has a big swing or meets my wanted price, I get an instant ping. This morning, right after 9:30 a.m., I got one of these alerts.
Buzz, buzz! “SDRL down 15.97%” What a way to start the […]
Chevron Corporation (NASDAQ: CVX)
Chevron stock is down over 35% from its high in 2014… but is it a buy?
Let me start by saying that I’m partial to dividend stocks, and Chevron offers a juicy dividend. Chevron’s next quarterly dividend will be paid on March 10th, and it represents a 5% yield.
High dividends mean high […]
Some of the most sturdy U.S. shale producers might be in trouble as they are forced to slash capital expenditure plans in an effort to stay afloat in a world of 30 dollar oil. 2016 is the second straight year of cuts for major shale companies. Three energy companies have recently cut their 2016 […]
Oil prices continue to fall – months (a year, anyone?) after most observers thought they had already reached a bottom. Many consumers are benefiting, and the energy expenses of businesses are declining. What’s not to like?
Surprisingly, a lot. In many regions of the country, and particularly across business sectors that thrive on the capital […]
Following long term downtrends in the value of oil, we’re finally starting to see relatively bullish activity out of the commodity. Now, the big question being asked is whether or not gains in the commodity will continue. In my opinion, the answer is no! Today, we’ll talk about why I don’t believe gains in […]
It has not been a pleasant start to the year for global financial markets. Major stock markets around the world sold off again yesterday. The MSCI global index is down about 20% off its highs and is now officially in a bear market along with the UK’s FTSE 100 and the Russel 2000 in […]
Dow Jones Industrial Average (INDEXDJX: .DJI)
The Dow Jones Industrial Average has been declining for quite some time. However, following positive news with regard to the United States economy, the index climbed in the market yesterday. Nonetheless, we’re seeing more declines today, and this time, the declines are big. Today, we’ll talk about why the […]
Oil prices have been a major topic of discussion for quite some time. In fact, the discussion started as the bottom fell out of the oil market in late 2014. Since then, oil has continued on a rough path. Now, many people are asking, “How long will it be before oil starts to pick […]
Following oil recently has been a lot like riding a roller coaster. It all started with a drastic fall and now we’re in the ups and downs. Recently, oil rallied and several experts were happy to see it, weighing in with their bullish opinions for the future. Of course, there were other experts with […]