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Energy stocks have outperformed the broader market to start the year, kicking off 2025 with gains as oil and natural gas prices have edged higher.
On top of that, the oil producer plans to ramp its annual share repurchase rate from $5 billion to $7 billion, with the aim of buying back over $20 billion in stock in the first three years ...
U.S. stock indexes were split on Monday as gains for oil-and-gas producers helped offset drops for Nvidia and other Big Tech companies. The Dow Jones Industrial Average climbed 358 points, or 0.9% ...
The analyst downgraded the rating for Imperial Oil Limited (AMEX:IMO) to Underweight from Neutral, citing its low free cash flow yield and free cash flow to enterprise value ratios for 2025-2026.
Oil and gas stocks have been strong performers in 2022, driven by tight global supply and the war in Ukraine. Analysts hike price targets, as North American oil and gas stock rally expected to run ...
Bloomberg Industry Group, Inc. (formerly known as Bloomberg BNA, The Bureau of National Affairs, Inc., and BNA) is an affiliate of Bloomberg L.P. and a source of legal, tax, regulatory, and business news and information for professionals.
It used some of that money to fund $12.1 billion in capital expenditures and investments to maintain and grow its low-cost oil and gas resources, which included investing $400 million in bolt-on ...
All the major market averages finished higher for the week, with the S&P 500 gaining 2.5%, the Dow Jones Industrial average ending up 1.8% and the Nasdaq climbing north of 4%.