Energy stocks enjoyed a broad rally Friday, as crude oil futures peeked above the $80-per-barrel level for the first time in seven years. The SPDR Energy Select Sector ETF...
Energy stocks are historically cheap while crude prices are heading higher.
Wall Street's third quarter earnings season kicked off this week, with banking giant JPMorgan Chase (NYSE:JPM) leading the reporting print today, soon to be followed by Bank of...
Energy stocks have been on fire in recent weeks, boosted by a furious rally in crude oil and natural gas prices, which are both trading at their best levels in years.Not...
It’s already up about 60% or more on the year, and all indications are that it’s massively overbought and due to correct. Yet, like anything where its implied demand...
Pioneer Natural Resources Company (Pioneer) is an oil and gas exploration and production company. The Company explores for, develops and produces oil, natural gas liquids (NGLs) and gas within the United States, with operations primarily in the Permian Basin in West Texas.The Company conducts exploitation and exploration activities in the Spraberry/Wolfcamp field of the Permian Basin. The oil produced from the Permian Basin is West Texas Intermediate Sweet, and the gas produced is casinghead gas. The oil and gas are produced primarily from formations, the upper and lower Spraberry, the Jo Mill, the Dean, the Wolfcamp, the Strawn and the Atoka.