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Money Is Pouring Into Carbon Removal Technologies, But the Companies Involved Struggle to Pay for It
The dream is to suck carbon from the air and bury it, but the reality is that some direct air capture companies have to sell the captured CO2 to make more oil.
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Stocks Making the Biggest Moves Midday: Snowflake, Palantir, Vroom and More
Check out the companies making headlines in midday trading.
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Exxon CEO Darren Woods Promises Investors a Strong Dividend Despite 2020 Losses
Exxon CEO Darren Woods told CNBC the company’s dividend payout, which is among the highest in the S&P 500, is a priority.
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Exxon Shares Jump as Activist Investor Jeff Ubben Joins the Board
Jeff Ubben and Mike Angelakis have joined Exxon’s board of directors as the oil giant faces shareholder pressure.
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Stocks Making the Biggest Moves Midday: Lowe's, MicroStrategy, Six Flags, Casper Sleep & More
Check out the companies making headlines in midday trading.
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It's Time to Add Exposure to Energy After Sector's ‘Surprising' Reversal: Trader
The energy sector is “at a very interesting inflection point” that may be worth buying, one technical analyst says.
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Oil Major Total's Full-Year Profit Falls 66% as Covid Pandemic Hits Fuel Demand
The oil and gas industry was sent into a tailspin last year, as the coronavirus pandemic coincided with a historic demand shock and falling commodity prices.
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Stocks Making the Biggest Moves Midday: Tesla, Palantir, Hasbro, Target and More
These are the stocks posting the largest moves in midday trading.
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Wall Street Turns Positive on Exxon After a Brutal Year. But Some Experts Warn It Could Get Much Worse
CEO Darren Woods has said the last 12 months “presented the most challenging market conditions ExxonMobil has ever experienced.”
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Oil Major Shell Reports Sharp Drop in Full-Year Profit, Raises Dividend
Energy supermajors endured a dreadful 12 months by virtually every measure in 2020.
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Big Oil CEO Says Going Green ‘Will Have a Cost for Everybody' — and Governments Need to Explain That
His comments come at a time when the global oil and gas industry is under immense pressure to pivot away from the burning of fossil fuels.
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Dow Jumps 470 Points, Posts Best Day Since November as the GameStop Trading Mania Unwinds
The back-to-back advance on Wall Street coincided with a sharp reversal in GameStop shares.
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An Industry ‘Operating on Borrowed Time': Energy Experts on the Increasing Risks Ahead for Big Oil
It comes as oil and gas supermajors seek to reassure investors about a return to profitability in the coming months.
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Chevron and Exxon Discussed Merger Last Year After Covid Pandemic Devastated Oil Prices, Reports Say
The CEOs of Chevron and ExxonMobil last year discussed the possibility of merging the two companies, The Wall Street Journal reported Sunday.
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Stocks Making the Biggest Moves Midday: Intel, Zoom Video, Party City, Airbnb & More
Check out the companies making headlines in midday trading.
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Investor Activism Was Down Overall in 2020, But Big Companies Faced Scrutiny
In light of the global pandemic, it comes as no surprise that activism in 2020 was down.
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Stocks Making the Biggest Moves Midday: Pfizer, Nikola, Carnival, FuboTV & More
Check out the companies making headlines in midday trading.
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Options Traders Are Signaling That Energy Could Be One of 2021's Hottest Plays
The beaten-down sector might be due for a major rebound in the new year, if the options market is any indication.
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GM Leads $23 Million Investment in On-Demand Vehicle Maintenance Service Yoshi
The Series B funding round will assist the company’s hiring and expansion plans as it emerges from the coronavirus pandemic for the coming years.
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Stocks Making the Biggest Moves Midday: Tesla, Kodak, Lyft, Interactive Brokers & More
Tesla jumps to a record high, and McDonald’s slides following a downgrade.
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