Not exact matches
In addition to the underperformance from the energy sector after U.S. military strikes in the Mideast, big
oil stocks like Exxon Mobil
and Chevron, which have a longer history than the ETFs, as well as the price of crude
oil, have also trailed the market.
In January, Saudi regulators changed rules for qualified foreign institutions to allow them to own up to 49 percent of listed securities as the kingdom opens up its
stock market
and plans a 5 percent sale of $ 2 trillion
oil giant Aramco in 2019.
Saudi Arabia's state - owned
oil behemoth had planned to begin trading on the country's domestic
stock market — the Tadawul —
and one or more foreign exchanges in the second half of 2018.
The
stock has soared more than eight per cent over the past week on speculation the company could buy the retail operations of
oil and gas giant Hess, which owns about 1,350 gasoline stations in 16 East Coast states.
TORONTO — The Toronto
stock market closed higher as energy
stocks advanced while
oil prices hit a 16 - month high
and traders took in a mixed batch of U.S. earnings.
Schlumberger (slb), the
oil and gas services giant, has a dominant market share
and stable underlying businesses, but its relationship to volatile
oil prices buffets the
stock quite a bit.
Lewenza recommends buying
stocks in integrated companies — those that both produce
and refine
oil, so that one part of the business is essentially benefiting from the misfortune of the other — as well as in
oil transportation, such as pipeline companies.
Wall Street has fallen as healthcare
stocks slid
and investors worried about rising costs for companies as
oil prices rose, although the major indexes eked out a gain in April to snap a two - month losing streak.
Offshore drilling
stocks, other
oil and gas
stocks and oil prices rose following the Trump news Thursday afternoon.
From one perspective, Exxon's
stock is a victim of its own stability: It fell only 30 % during the
oil slump
and has already recovered much of the ground it lost, so money managers don't expect it to rally much further.
And even if the increase accelerates, not all oil and gas stocks will benefit equal
And even if the increase accelerates, not all
oil and gas stocks will benefit equal
and gas
stocks will benefit equally.
Our outsized energy index, which has helped push the S&P / TSX Composite Index up 15 % year - to - date, also includes several rate - sensitive
stocks — though they're more susceptible to movements in
oil prices —
and is up 33 %.
These investments include but are not limited to: real estate, IPO
stocks, trust deed notes, closely held
stock, promissory notes,
oil and gas leases, LLCs, sales contracts
and C corporations.
Oil and gas, telecoms
and basic resources
stocks led the losses on Friday, with the latter sector down by more than 2.5 percent.
Oil and gas
stocks were among the top performers, up 1 percent, on better - than - expected earnings news.
Wall Street
stock futures are opening lower with continued jitters in media
and energy
stocks after dispiriting news from earnings season
and from the crude
oil market this week.
Oil and gas stocks are also on the radar this Wednesday after U.S. President Donald Trump signed orders for new oil pipelines in the count
Oil and gas
stocks are also on the radar this Wednesday after U.S. President Donald Trump signed orders for new
oil pipelines in the count
oil pipelines in the country.
CNBC's Bob Pisani
and Bill Griffeth look at the day's market action, including
oil up 2 %
and tech
stocks doing well.
DUBAI, April 15 - Most Gulf
stock markets rose on Sunday due to firm
oil prices
and relief that the weekend's military attack on Syria was relatively limited in scope
and there was no immediate retaliation.
Jim Cramer pointed out the contradictory action in
oil prices
and airline
stocks, two related sectors benefiting from the bull market.
It's hard to verify independently the claims of retail traders who say they have made good money this year, when worries about a slowing Chinese economy
and the slumping
oil price have wiped up to $ 8 trillion from world
stock markets in January alone.
Oil and gas
stocks were slightly down as the starting date for the implementation of the lastest OPEC deal nears.
NEW YORK, April 13 -
Oil prices extended recent gains
and a gauge of global
stocks eased on Friday as concern over a broader conflict in Syria left investors nervous, while U.S. bank shares led Wall Street lower.
Russia's
stock market dipped on Monday morning, dragged lower by the prospect of fresh U.S. sanctions
and lower
oil prices.
Pardy expects we'll see a gradual shift out of integrated
oil companies
and into riskier, more volatile exploration -
and - development
and oilfield services
stocks that can offer more upside, although he stresses that you can't lose sight of the companies» balance sheets.
A report from CIBC World Markets recently predicted the
stock market might fall 10 % — 15 % this summer due to a confluence of factors, including a weak U.S. housing market, increasing fiscal strain, expensive
oil prices, sluggish corporate earnings growth
and disruptions in global supply chains stemming from the Japanese crisis.
The biggest losers were energy (XLE), consumer staples (XLP)
and materials (XLB), all down more than 7 percent amid riding bond yields — which makes dividend
stock yields less attractive
and overrode other factors, like stronger
oil prices
and a weak dollar.
The recent hot run for airline
stocks has coincided with another period of low
oil prices (see chart below)
and steady economic growth, leaving some to wonder whether aviation's sad history will repeat itself.
«If the
oil price is going down, it's very difficult to stand in front of that speeding train
and hope you are in the one or two
stocks that aren't highly correlated with the downward movement,» says Randy Ollenberger, an analyst with BMO Capital Markets.
TORONTO — The Toronto
stock market ended Tuesday on a high note as a surge in
oil prices boosted energy
stocks and rumours of U.S. wireless carrier Verizon entering the Canadian market appeared to lose steam.
Given the still subdued state of
oil and gas prices, it's a
stock - pickers» market.
They included 1987 (biggest one - day
stock market crash in history); 1990 (Iraq
and then the United States invaded Kuwait, sending
oil prices up
and causing a recession); 2001
and 2002 (the dot - com crash
and September 11 created two years of market losses);
and 2008 (the Great Recession).
Add to that increasing demand from China,
and the long - term outlook for
oil stocks looks good.
The quasi-state-controlled
oil company has new leadership
and its
stock has been crushed amid the shake up
and corruption charges, down as much as 70 % from its peak during the boom years.
The NOCs are being approached by lawyers
and investment bankers not just from Calgary but from Houston
and Melbourne too, seeking patient capital for long - timeline projects while equity prices for energy companies have been steadily sinking on
stock markets despite the high price of
oil.
Producers like Carrizo
Oil & Gas have also been subject to depressed oil prices and investors have written off the stocks out of worry, Cramer explain
Oil & Gas have also been subject to depressed
oil prices and investors have written off the stocks out of worry, Cramer explain
oil prices
and investors have written off the
stocks out of worry, Cramer explained.
The types of companies going public may be wonderfully diverse, but because there are fewer of them, the process of tilting the TSX away from
oil and gas
and mining
stocks is going to be a slow one.
Saudi Arabia's state - owned
oil giant Saudi Aramco could first issue
stock on its home market
and privately place shares in the hands of big Asian investors before facing the complexity of listing on an international exchange.
To some regulators, physical commodities represent a big risk: an operational problem, like an
oil spill on an offshore rig, could lead to huge reputational damage
and crater the bank's
stock, potentially destabilizing it
and the broader financial system.
U.S. airline
stocks hit a 13 - year high this week as they gained momentum from lower
oil prices
and increased travel spending by Americans in an improving economy.
Those families who have benefited the least from the big increase in
stock prices over the last few years have the most to gain, proportionately, from the drop in
oil and gas prices.
Oil and gas stocks dropped on U.S. crude stocks data which led to a fall in oil pric
Oil and gas
stocks dropped on U.S. crude
stocks data which led to a fall in
oil pric
oil prices.
The usual proxies for global growth —
oil and other commodities, emerging market currencies, energy
and mining
stocks — are almost all sharply lower as investors bail out of any kind of trade predicated on growth in China
and the rest of the emerging world, which accounts for 85 % of the world's population.
The firm employed a long - short strategy — it went long on the
stocks that took a big hit from falling
oil prices
and shorted those that didn't.
Helima Croft, global head of commodity strategy at RBC Capital Markets, discusses the four countries cutting diplomatic ties with Qatar
and how it will affect the
oil stocks.
CNBC's Jackie DeAngelis provides insight to
oil prices ahead of summer travel season
and whether it could drag
stocks down with it.
The Australian share market has closed 1.6 per cent lower, as a sharp drop in
oil prices pulled back energy
stocks,
and resources
stocks weakened.
After the rig - count data release, crude
oil prices remained weak alongside
stocks and bonds.
And in 2007, with crude prices on the rise, voracious demand for new shares of PetroChina on the Shanghai Stock Exchange caused the Chinese oil and gas company's market value to briefly top $ 1 trilli
And in 2007, with crude prices on the rise, voracious demand for new shares of PetroChina on the Shanghai
Stock Exchange caused the Chinese
oil and gas company's market value to briefly top $ 1 trilli
and gas company's market value to briefly top $ 1 trillion.
CNBC's Jackie DeAngelis reports financials got hit hard yesterday as
stocks pulled back from record highs
and oil fell to 3 - month lows.