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The Latest Breaking News from Stewart Glickman

Chevron, Exxon Report Earnings; Rival Supermajors Are Now Allies With Project Cooperation

The two supermajors are poised to be working closely together.

Investors Business Daily

Trump Push To 'Drill, Baby, Drill' May Hit Industry Roadblock

President Donald Trump wants to boost US oil production, pledging to bring costs down as he returned to office this week -- but analysts warn his efforts could be hampered by the industry itself.

International Business Times

'Drill, Baby, Drill': Trump Policy Poses Risks, Opportunities For Oil Industry

Donald Trump's election as US president brings back a champion of the oil industry to the White House, but experts warn that his push for low prices could be at odds with petroleum companies' priorities.

International Business Times

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Buffett And Exxon Mobil Deals Raise Oil Consolidation Stakes. What Does 2024 Hold For The Permian Basin?

Energy companies are potentially targeting more privately-held producers in the coming year.

Investors Business Daily

Exxon Mobil, Chevron Bank On Diverging Production Strategies In 2024

Exxon Mobil and Chevron have outlined cautious spending plans for 2024, with Exxon leaning on acquired output to maintain growth.

Investors Business Daily

What Do The Exxon Mobil And Chevron Deals Say About The Oil Industry's Future?

Exxon Mobil bought Pioneer Resources, Chevron scooped up Hess: the biggest industry deals in more than 20 years. What does it tell us?

Investors Business Daily

Lam Research Earnings Beat Pushes Semiconductor Equipment Stocks Higher

Chip gear stocks surged Thursday after Lam Research reported better-than-expected June-quarter results and guidance.

Investors Business Daily

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Chevron Stock Upgraded To A Buy After $6 Billion PDC Energy Deal

Chevron stock was down 9.6% in May Tuesday as analysts revised their opinion on the U.S. energy giant after the news of the $6.3 billion deal for PDC Energy.

Investors Business Daily

IBD 50 Growth Stocks To Watch: Energy Stock Eyes Buy Point As OPEC+ Slashes Oil Output

The latest IBD 50 Growth Stocks To Watch pick is an energy stock after OPEC+ moved to slash oil output.

Investors Business Daily

Coal Stocks Surge As Energy Crisis Drives Coal Use Toward Record Highs

Coal stocks have paused but still lead all other industries so far in 2022 — seemingly bucking analyst predictions that coal is dead.

Investors Business Daily

Here Are Novavax's U.S. Vaccination Numbers — And They're Bleak

Novavax stock is trading at a two-year low amid slowly ramping use of its Covid vaccine, dubbed Nuvaxovid, in the U.S.

Investors Business Daily

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