ConocoPhillips has underperformed the broader market over the past year, and yet analysts remain strongly optimistic about the stock's prospects.
Devon Energy has significantly underperformed the broader market over the past year, yet analysts remain bullish on the stock’s prospects.
Despite Marathon Petroleum’s underperformance relative to its industry peers over the past 52 weeks, Wall Street analysts remain moderately optimistic about the stock’s prospects.
US oil prices (USO) steadied in the $60s this morning after starting the session at their lowest in two months, as declining crude inventories provided a counterbalance to a gloomy economic outlook. Despite...
The company’s fourth-quarter revenue of $3.71 billion also topped Wall Street’s estimate of $3.55 billion.
The company’s CEO, Tom Jorden, said the oil and gas producer expects to restart its Marcellus development program in the coming months.
According to Koyfin data, Wall Street expects Diamondback to report fourth-quarter earnings per share of $3.38 and revenue of $3.55 billion.
Following the transition, Stice would become the executive chair of the board and remain in that position until the annual stockholders’ meeting in 2026.
Diamondback Energy has underperformed the broader market over the past year, but analysts are highly optimistic about the stock’s prospects.
The energy sector has shown an encouraging turnaround in the initial weeks of 2025, becoming a leader after being a laggard over the past two years. Energy Select Sector SPDR Fund XLE has gained 6.5%,...