|今日波幅||8.70 - 9.00|
World’s biggest sovereign wealth fund attempts to force policy change at US groups despite backing European oil majors
Chevron Corporation (NYSE: CVX) plans to sell its oil and gas assets in Congo to focus on more profitable production. The Congo assets could fetch up to $1.5 billion, Reuters reported citing two sources close to the process. The plan to sell its Congo-based operations is because the energy behemoth wants to shift its focus more towards newer operations and more profitable production. The report added that Chevron received bids for the assets this week. "Chevron does not comment on rumors or spec
In this article, we discuss the top 10 blue chip value stocks from billionaire Cliff Asness’ 2023 portfolio. If you want to see more of billionaire Asness’ blue chip value stocks, go to Billionaire Cliff Asness 2023 Portfolio: Top 5 Blue Chip Value Stocks. Cliff Asness, co-founder and Chief Investment Officer (CIO) at AQR Capital […]
Chevron yesterday said it would buy PDC Energy, a Colorado-focused shale driller, for $7.6bn in the latest sign that the US oil industry could see a wave of deals. Chevron has spent months fending off questions about the quality of its shale holdings after production from the business disappointed last year, and this deal seeks to answer some of those questions. It also deepens Chevron’s investment in the US, putting Colorado’s little-known oil patch suddenly among the global oil powerhouse’s top-five assets.
It may be time to sell some of the top energy stocks, especially as they become overvalued. Sure, according to the International Energy Agency, rising post-Covid demand from China, coupled with tight supply, suggests that a crude oil rebound is possible later this year. However, U.S.-driven factors such as debt ceiling uncertainty and continued interest rate hikes from the Federal Reserve may outweigh this, possibly pushing Light Sweet Crude prices (now in the low-$70s per barrel) to even lower
Bloomberg Meta Stock Falls Premarket: EU Slaps Company With Record $1.3B Penalty For Data Privacy Violation The Irish Data Protection Commission slapped Meta Platforms Inc (NASDAQ: META) with a penalty of a record €1.2 billion ($1.3 billion) for user privacy invasion. Meta has a deadline of five months to "suspend any future transfer of personal data to the U.S." and six months to stop "the unlawful processing, including storage, in the U.S." of transferred personal EU data, EU regulators in Dec
Chevron Corporation (NYSE: CVX) inked a pact to acquire PDC Energy, Inc. (NASDAQ: PDCE) in an all-stock deal worth $7.6 billion, including debt. The acquisition provides development opportunities adjacent to Chevron's position in the Denver-Julesburg (DJ) Basin and additional acreage to Chevron's leading position in the Permian Basin. The deal, valued at $72 per share, will add $1 billion to annual free cash flow. It will add new drilling inventory to Chevron's U.S. oil and gas reserves. Based o
In this article, we discuss billionaire Jim Simons’ top 15 stock picks in 2023. If you want to see more stocks in this selection, check out Billionaire Jim Simons’ 2023 Portfolio: Top 5 Stock Picks. Managed by Renaissance Technologies, the Medallion Fund stands as one of the world’s most prosperous and enigmatic hedge funds. Established […]
In the last decade, few companies have touched the magic trillion-dollar valuation. Apple (NASDAQ:AAPL), Amazon (NASDAQ:AMZN), and Alphabet (NASDAQ:GOOG, NASDAQ: GOOGL) are the names worth mentioning. While these businesses will continue to create value, I am more interested in finding the next trillion-dollar companies. An interesting point to note is that most of the trillion-dollar valuation companies in the last decade were from the technology sector. Of course, there are potential opportuni
In this article, we discuss billionaire Ken Fisher’s top 15 dividend stock picks. You can skip our detailed analysis of Fisher’s hedge fund and his investment philosophy, and go directly to read Billionaire Ken Fisher’s Top 5 Dividend Stock Picks. Ken Fisher’s Fisher Asset Management is one of the most prominent hedge funds in America. […]
Stocks moving in after-hours: Berkshire Hathaway, Capital One, Beam, Tesla
Defensive companies have stable financial positions, reliable dividends, and predictable cash flows. Think of them as safe stocks. Indeed, companies that provide defensiveness are sought after in times of stress. Right now, these safe stocks may be in higher demand, as capital continues to rotate in the market. For those looking to take a defensive posture, here are three safe stocks I think are worth considering. These are among the top stocks in my portfolio and on my watch list right now.Inve
The upcoming summer driving season and last month’s soft inflation report warrant a look at the energy stocks to explode as oil prices soar. Energy markets have been incredibly volatile since the start of the year. Oil prices have taken a hit on the back of high-interest rates, seasonal weaknesses, and the slowdown in economic growth. Oil prices could be in for sustained growth ahead which should have investors thinking over the best energy stock picks for oil price rally. The next interest rate
The days of $100 oil may not be over.
At first glance, the idea of dividend stocks to buy as oil prices soar seems incredibly contrarian. Although the alliance between the Organization of the Petroleum Exporting Countries (OPEC) and non-member oil-producing nations — known as OPEC+ — in early April sparked initial fears because of their surprise production cuts, prices have been relatively muted. Nevertheless, forward-looking investors should keep the best dividend stocks for oil price surges in mind. As CNBC pointed out when interv
In this article, we will take a look at the 16 most profitable value stocks now. To see more such companies, go directly to 5 Most Profitable Value Stocks Now. Value stocks were clear winners in 2022. As inflation spiked and the Federal Reserve started to boost interest rates, investors fled risky stocks with huge […]
When the stock market was bleeding in 2022, energy companies saw record profits and revenues. Russia’s invasion of Ukraine and the reduction in oil production by Russia led to a surge in the oil demand. OPEC’s lack of plans to increase the production either means energy companies are enjoying solid cash flows. All of this makes now the time to look for niche energy market leaders. I believe this trend will continue in the second half of 2023 as well. The oil demand will continue to grow, whether
In recent weeks oil prices have tanked leading to some overvalued energy stocks. Through the first week of May, crude oil prices declined for three consecutive weeks in what amounts to the biggest pullback since November 2022. In the first week of May alone, the price of West Texas Intermediate crude oil, the U.S. standard, fell 7% and slipped below $70 per barrel. The primary reasons for the decline are growing fears of a recession and demand concerns. U.S. investment bank Goldman Sachs (NYSE:G
Warren Buffett raised a lot of eyebrows on Wall Street last year when he made a big $7.7 billion bet on Occidental Petroleum (NYSE:OXY), a stock he is still buying. Just this past March, he bought another billion dollars worth, raising his stake in the oil giant to over 23%, clearly making it one of the billionaire’s favorite energy stocks. Since then, Occidental has gained 25% in value compared to the S&P 500’s loss of 5%. However, that doesn’t mean you should just blindly follow the lead of Bu
「股神」巴菲特 (Warren Buffet) 旗下波克夏海瑟威 (Berkshire Hathaway) 週六 (6 日) 披露，該公司在第一季拋售了價值約 60 億美元的石油巨頭雪佛龍公司 (CVX-US) 股票。
股神畢菲特投資旗艦投資巴郡披露,首財季出售價值60億美元的雪佛龍股份。巴郡上周六公布首財季業績,包括減值了價值130億美元的股份。根據業績報告,集團的雪佛龍持股價值減少28%,以致低於220億美元。雪佛龍股價期內股價跌9%,因此報告反映巴郡應減售了雪佛龍股份。有分析員按照公開資料推斷,巴郡應減持3500萬股雪佛龍,相當於持股量的20%,而以雪佛龍首財季平均價168美元推算,相關股份價值60億美元。巴郡在期內增持西方石油(Occidental Petroleum)價值10億美元股份。因此,分析員相信,巴郡減持雪佛龍股份,不應被視為看淡能源股。另外,有分析員又估計,巴郡在首釮季內減持的股票組合內,應包括台積電，US Bancorp 及梅隆銀行等股份。 (BC)#巴郡 #畢菲特 #股神 #雪佛龍 #西方石油 #減持 #美股
Despite speculation, Berkshire Hathaway doesn't want to own a controlling share of Occidental Petroleum, Warren Buffett said on Saturday.
The stock market downturn that began early last year has left a lot of investors reasonably stressed out. That said, recent Fed rate hikes and looming recession fears aren’t making anything easier for us. However, because of these catalysts, several stocks look like bargain buys. While you are on the lookout for promising stocks, a great starting point is to look at undervalued dividend stocks to buy, since these companies can provide reliable passive income over time. When it comes to choosing