Investors were expecting a Big Oil company like Exxon Mobil to soar under Trump, but the Exxon-Trump ties are sinking the stock…
But Exxon Mobil stock has sunk 3.7% since Donald Trump was sworn in as president.
XOM
Exxon Mobil Corp
Big Oil Stocks Are Imploding, but These "Small" Stocks Will Soar
Big Oil companies like Exxon Mobil, BP, and Chevron are some of the most recognizable oil company stocks you can buy.
But it turns out they can be some of the worst oil investments you can make.
Dow Jones News: Markets Fall as Volatility Increases Across the Globe
In Dow Jones news today, volatility caused the Dow to drop over 50 points.
North Korea tested missiles, China offered lackluster growth targets, and President Donald Trump said he was wiretapped by the Obama administration.
Dow Jones News: Dow Climbs as Janet Yellen Signals a Rate Hike
In Dow Jones news today, the Dow was up two points as investors prepare for a March rate hike.
Today, Janet Yellen said a rate hike is still on the table.
The Best Oil Company Stocks to Buy Now
Oil futures hit a 10-year low of $26.55 a barrel in January 2016. Current oil futures contracts are now up over 100% since then to $54.22. But oil prices are still climbing.
That means there's plenty of opportunity for investors to profit from surging oil prices.
And to help you make money on oil, we're giving you our best oil company stocks to buy this year...
The 3 Top Oil Stocks to Buy This Year
Today, we're giving you the three top oil stocks to buy so you can take advantage of rising oil prices. Crude oil prices have already jumped 48% from their 2016 low, and Money Morning Global Energy Strategist Dr. Kent Moors predicts oil prices could rise another 20% in the first half of 2017. And the best way […]
The Best Crude Oil Stock to Buy in 2017
Today, we're showing you the best crude oil stock to buy in 2017 so you can profit from soaring oil prices.
That's because higher oil prices mean oil companies are making more money, and they're scaling up production to make even more.
But before we show you our top oil stock, here's why 2017 will be a great year for oil...
New Trump Transparency Rule Is a Boost for Oil Stocks in 2017
On Tuesday (Feb. 14), President Trump signed his third bill into law, eliminating a Dodd-Frank regulation requiring resource-extracting companies to disclose payments to foreign governments.
The new Trump transparency rule comes from the Congressional Review Act, which allows Congress to overturn recently made rules by the executive branch.
The Best Crude Oil Stock in 2017
Last January, crude oil prices hit their lowest price in 10 years. Since then, oil prices have surged 48%, and they are going even higher in 2017.
To help you profit from these soaring prices, we're giving you the best crude oil stock in 2017.
But before we get to our best oil stock to buy now, here's why oil stocks are great plays in 2017...
Stock Market News Today: The Dow Rallies After President Trump's "Big League" Tax Announcement
The stock market news today is highlighted by a triple-digit jump in the Dow, while the S&P 500 and the Nasdaq both touched record highs.
The markets continued to beat back geopolitical concerns in Europe, and investors focused on the economic policies of President Donald Trump.
Let's look at the numbers from Thursday for the Dow, S&P 500, and Nasdaq...