The Latest Breaking News from Downstream

Strait to Safety: How to Hedge Oil Volatility in the Crude Awakening

Integrated energy majors, ExxonMobil and Chevron, leverage their diversified business models to navigate volatile oil markets and deliver shareholder value.

MarketBeat · Apr 21

Warren Buffett Has Over 10% Of His Portfolio in Two Energy Stocks That Are Also Dividend Aristocrats

Billionaire investor Warren Buffett has been heavily investing in energy stocks in recent years as the companies accelerate innovation of low-carbon technologies.

International Business Times UK · Jul 10, 2024

Chart of the Day: Imperial Oil - Oil is Still King

The Chart of the Day belongs to the oil & gas company Imperial Oil (IMO) . I found the stock by using Barchart's powerful screening functions to find stocks with the highest technical buy signals, highest Weighted Alpha, superior current momentum and having a Trend Seeker buy signal then used...

Barchart · Sep 28, 2023

3 Worst-Performing Dow Jones Stocks In June

Worries over surging inflation, the Fed’s hawkish tilt, and growing odds of a recession weighed on investor sentiment, pushing the Dow Jones Industrial Average index into bear territory. Amid the risk-off environment, Dow Jones stocks Dow Inc. (DOW), Intel (INTC), and Chevron (CVX) are the worst performers so far this…

StockNews.com · Jun 22, 2022

Why Cenovus Energy Shares Are Trading Higher Today

Cenovus Energy Inc (NYSE:CVE) (TSX:CVE) reported a first-quarter basic EPS of C$0.81 compared to C$0.10 in 1Q21. Q1 total revenues increased to C$16.2 billion from C$13.7 billion in the previous quarter, driven by higher average realized sales prices for the company's products across the Upstream and Downstream businesses. The total operating margin was…

Benzinga · Apr 27, 2022

Exxon Mobil vs. Chevron: Which Oil & Gas Stock is a Better Buy?

Oil prices rose again on Tuesday, shrugging off the previous session’s losses. And the ongoing Russia-Ukraine war could keep oil prices elevated in the near term. Energy stocks Exxon Mobil (XOM) and Chevron (CVX) are notable names and should benefit from the industry tailwinds. But which stock is a better…

StockNews.com · Mar 29, 2022