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Pioneer Natural Resources Co

We had a busy week of trades in an oversold market. Here’s the day-by-day breakdown

by Shawn Butlere
We had a busy week of trades in an oversold market. Here’s the day-by-day breakdown

Elevated bond yields and geopolitical uncertainty continued to be negative for stocks this week as the overall market moved into oversold territory. However, that set us up to put cash …

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Categories Health

Chevron, Exxon’s latest buys could herald a new era of oil megamergers

by Milton Acorn
Chevron, Exxon’s latest buys could herald a new era of oil megamergers

Marathon Petroleum’s oil refinery in Anacortes, Washington. David Ryder | Reuters Energy heavyweights Chevron and Exxon Mobil announced shiny new acquisitions this month — and some industry watchers say it …

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Categories Science

Why Exxon, Chevron are doubling down on fossil fuel energy

by Ev Richard
Why Exxon, Chevron are doubling down on fossil fuel energy

A Chevron gas station is shown in Austin, Texas, on Oct. 23, 2023. Brandon Bell | Getty Images News | Getty Images On Monday, Chevron announced plans to acquire oil …

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Categories Technology

5 things to know before the stock market opens Monday

by James Odonell
5 things to know before the stock market opens Monday

Here are the most important news items that investors need to start their trading day: 1. Bond yield boost U.S. stock futures slid Monday morning as the 10-year Treasury note …

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Categories Politics

What tie-ups in the U.S. oil patch could mean for Coterra Energy

by Milton Acorn
What tie-ups in the U.S. oil patch could mean for Coterra Energy

Exxon Mobil ‘s (XOM) planned deal to buy Pioneer Natural Resources (PXD) has sparked talk of more consolidation in the oil-and-gas industry. While we don’t own companies as mergers-and-acquisition plays, …

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Categories Science

Our top 5 stocks of October so far as Wall Street rebounds from a slump

by Milton Acorn
Our top 5 stocks of October so far as Wall Street rebounds from a slump

After a rough September, October has so far been much more kind to stocks and has helped Wall Street cut into some of its third-quarter losses . More encouragingly, our …

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Categories Science

After selling Pioneer, we’re looking to another oil name

by Milton Acorn
After selling Pioneer, we’re looking to another oil name

Every weekday the CNBC Investing Club with Jim Cramer holds a Morning Meeting livestream at 10:20 a.m. ET. Here’s a recap of Monday’s key moments. 1. U.S. stocks climbed higher …

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Categories Science

US oil is back, and Exxon’s $60 billion deal isn’t the biggest signal

by Milton Acorn
US oil is back, and Exxon’s  billion deal isn’t the biggest signal

Workers connect drill bits and drill collars used to extract oil in the Permian basin outside of Midland, Texas. Brittany Sowacke | Bloomberg | Getty Images After three and a …

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Categories Science

Why Jim Cramer thinks the stock market is now ‘bifurcated’

by Milton Acorn
Why Jim Cramer thinks the stock market is now ‘bifurcated’

Every weekday the CNBC Investing Club with Jim Cramer holds a Morning Meeting livestream at 10:20 a.m. ET. Here’s a recap of Friday’s key moments. 1. U.S. equities moved lower …

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Categories Science

Jim Cramer expects Exxon to benefit from megadeal for Pioneer Natural Resources

by Milton Acorn
Jim Cramer expects Exxon to benefit from megadeal for Pioneer Natural Resources

Truist Securities on Thursday made a “thoughtful” argument in support of Exxon Mobil‘s (XOM) decision to acquire Pioneer Natural Resources (PXD), CNBC’s Jim Cramer said. The analysts at Truist upgraded …

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Categories Science
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