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Energy & Utilities

Chesapeake Energy

Christmas Has Come Early for Chesapeake Energy

In the first 11 months of 2019, Chesapeake Energy (CHK) stock fell 71.7%. So far in December, though, its stock has risen 24.8%.
BP stock

BP Stock: Is a Santa Claus Rally in the Cards?

Weaker earnings results and lower oil prices are dragging down BP. The stock is down 2.2% month-to-date, 2.4% quarter-to-date, and 2.3% year-to-date.
oil prices

Crude Oil Prices: After Inventory, Watch OPEC+

Today at around 4:35 AM ET, WTI crude oil prices have fallen 0.5%. Today and tomorrow, OPEC+ members will discuss the fate of the production cut agreement.
pg&e stock

PG&E Stock: Has Santa Claus Come Early This Year?

Recently, PG&E stock continued to rise. The stock has gained in seven of the last eight trading sessions. Collectively, the stock has risen more than 30%.
aep dividend

What Sets AEP’s Dividends Apart?

American Electric Power Company (AEP) declared a quarterly dividend of $0.70 per share in October. These dividends will be paid on December 12.
oil and gas bankruptcy

2019 Oil and Gas Bankruptcies Paint Bleak Outlook

Haynes and Boone reported that 50 energy companies filed for bankruptcy in the first nine months of 2019, including 33 oil and gas producers.
OPEC+

Will OPEC+’s Latest Strategy Lift Oil Prices?

Yesterday, Vitol's Giovanni Serio expressed confidence in OPEC+'s latest strategy. It's implemented a production cut of 1.2 MMbpd to balance the oil market.
Valero VLO stock price

Valero Stock Up 10% in Q4: A Look at Its Valuation

Valero Energy (VLO) stock has risen by 10% this quarter, driven by refining cracks expanding. Other refining stocks have also risen.
ExxonMobil

ExxonMobil Stock: Why Short Interest in XOM Has Surged

ExxonMobil (XOM) stock has fallen 3.9% this quarter, driven down by the company's weak third-quarter earnings and lower crude oil prices.