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ConocoPhillips Dividend History and Oil Price Impact

The steep drop in oil prices has hammered oil stocks. It’s unprecedented. Although, oil supply and demand will balance out over the next few years. That’s why I’m reviewing ConocoPhillips dividend history today. It might be one of the better investment opportunities during this downturn.
ConocoPhillips (NYSE: COP) is one of the Best Oil Stocks. You can click on that link to find the other top oil companies. And if oil prices rebound soon, these companies could reward shareholders with big profits. So let’s dig in…
ConocoPhillips Business Overview
ConocoPhillips is a $27 billion dollar business. The company is based out of Houston, …read more […]

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A Country’s Future as World’s Fastest-Growing Economy Dims

(Bloomberg) — When Exxon Mobil Corp. came to Guyana, the U.S. oil giant brought with it the promise of extraordinary economic growth. Now the tiny South American country is embroiled in a bitter battle over who might control that wealth just as the crude starts to flow.In November, the International Monetary Fund gave Guyana the nod as the world’s fastest growing economy on the strength of Exxon’s oil finds. Since then, a fight for political control has led to a disputed election that’s spurring calls for international sanctions as a price rout subverts the nascent oil boom and a killer …read more […]

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Will the Stock Market Continue to Drop Due to Coronavirus?

There is one question that will continue to haunt the minds of American investors during the coronavirus outbreak. Will the stock market continue to drop? We have already seen record breaking losses. But, will this trend continue going forward?
We are in a bear market for the first time in over 10 years. We’re seeing stocks plummet at rates higher than the 1987 crash. The Dow Jones, the S&P 500 and the Nasdaq are falling off a cliff. However, what can we expect going forward?

Will the Stock Market Continue to Drop or Make Gains?
There are many factors influencing the recent bear …read more […]

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3 Biotech Stocks Fighting the Coronavirus; Here’s What to Expect

A saying on Wall Street is that the market hates uncertainty, and unfortunately that looks to be playing out in global stock markets currently. In historically quick fashion, the vast majority of stocks are hitting bottom – most have already hit 52-week lows and many are hitting multi-year lows. It’s a different story with certain food and healthcare-related stocks. A screen of TipRanks for stocks holding up in this tough environment details a few names that hit their 52-week highs. Not coincidentally, they are all involved with fighting the novel coronavirus, or Covid-19Rightfully so, Covid-19 fears continue to …read more […]

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Chevron Halts Share Buybacks, Slashes Permian on Oil Rout

(Bloomberg) — Chevron Corp. became the latest major oil company to take an ax to its budget after halting its $5 billion-a-year share buyback and halving spending in the Permian Basin, which means a large decrease in projected output from America’s biggest shale region.The California-based oil giant said Tuesday it’s lowering projected 2020 capital spending by 20%, or $4 billion. The Permian will account for the largest single element of that reduction, translating into 125,000 fewer barrels of oil equivalent per day than previously forecast, a quantity equal to about 2.5% of the basin’s total current production.“The largest single piece …read more […]

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Wall Street set to bounce from three-year lows

The S&P 500 and Dow Jones indexes closed about 3% lower on Monday on fears of deep and lasting recession as entire nations shut down to curb the coronavirus pandemic. The severity of the spread of COVID-19 and the expectations of aggressive stimulus measures have been mirrored in financial markets with the S&P 500 gaining more than 9% in one session only to plunge 12% the following day. Hopes are now running high of the U.S. Senate passing the stimulus bill, which is expected to provide financial aid to Americans out of work because of the …read more […]

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JPMorgan: These 3 Stocks Are Poised to Surge by at Least 20%

Isaac Newton, in his mathematical description of gravity, explained to us just why whatever goes up must come down. But in market trading, the opposite can happen.JPMorgan strategist Marko Kolanovic explains why what goes down, must come back up. He sees stocks entering an end-of-the-month rebalancing, and notes that equities have underperformed bonds. It’s a situation that, he says, could lead to stock markets gaining by the end of March. The strategist wrote, “…over the next 10 days we will get into the month-end rebalancing period, which would prompt significant buying of equities. The stark underperformance of equities vs. bonds …read more […]

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Boeing chief still sees mid-year return to service for 737 MAX

“We’re very close to the finish line,” Calhoun told CNBC of the plane that has been grounded since two fatal crashes in five months. Boeing has sought $60 billion in U.S. government loans for itself and the aerospace industry. “There are a lot of options for us in the private markets etcetera, but the credit markets have to be open,” Calhoun said, noting that Boeing “has $15 billion in the bank.” …read more […]

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Tesla CEO says bought ventilators in China for U.S

Tesla bought hospital ventilators in China and shipped them to the United States, CEO Elon Musk said on Tuesday. Tesla’s purchase comes as governments across the globe appeal to automakers and aerospace companies help procure or make ventilators and other medical equipment. “China had an oversupply, so we bought 1255 FDA-approved ResMed, Philips & Medtronic ventilators on Friday night & airshipped them to LA,” Musk said on Twitter. …read more […]