Chevron Corp. (NYSE: CVX) reports its second-quarter earnings before the opening bell tomorrow (Friday).
These earnings are significant because the Chevron stock price has suffered more than any other Big Oil stock this year.
By Alex McGuire, Associate Editor, Money Morning • @AlexMcGuire92 -
Chevron Corp. (NYSE: CVX) reports its second-quarter earnings before the opening bell tomorrow (Friday).
These earnings are significant because the Chevron stock price has suffered more than any other Big Oil stock this year.
Here's everything you need to know about the oil giant ahead of earnings...
By Alex McGuire, Associate Editor, Money Morning • @AlexMcGuire92 -
Chevron Corp. (NYSE: CVX) reports its second-quarter earnings before the opening bell tomorrow (Friday).
These earnings are significant because the Chevron stock price has suffered more than any other Big Oil stock this year.
Here's everything you need to know about the oil giant ahead of earnings...
By Alex McGuire, Associate Editor, Money Morning • @AlexMcGuire92 -
The Halliburton stock price has beaten the S&P 500 energy sector by nearly 15% this year.
Although it had poor Q1 earnings, Halliburton's numbers were nowhere near as bad as most Big Oil companies.
Here's where the Halliburton stock price has moved compared to other notable oil firms...
By Dr. Kent Moors, Global Energy Strategist, Oil & Energy Investor • @KentMoors_OEI -
Following some nice recent gains and despite a dip on Tuesday, the market currently remains at just below $60 a barrel for West Texas Intermediate (WTI) crude oil futures in New York.
The recent rise in prices would seem to be just what the smaller operators in the United States need to avoid a sector meltdown.
A few months back, when prices were pushing lows of $40 a barrel, there was widespread talk of a wave of bankruptcies coming in the oil patch. The picture is now better, given a recovery in crude prices.
But there is another shoe about to fall in the ongoing fight by smaller companies to survive...
By Alex McGuire, Associate Editor, Money Morning • @AlexMcGuire92 -
Last week's earnings for Big Oil stocks were a mixed bag.
The six Big Oil companies - BP, Exxon Mobil, Royal Dutch Shell, Total SA, and Chevron - all followed a similar pattern.
Here's how they performed last quarter - and how we think they'll perform the rest of the year...