Bye-Bye, Bear Market? The Worst Could Be Over for Stocks.

Bye-Bye, Bear Market? The Worst Could Be Over for Stocks.

Frackers Say Oil Production Slowing in the Shale Patch

Despite an extended streak of strong profits, shale companies are slowing their oil-field activity, keeping U.S. oil production roughly flat and offering little relief for tight global markets. What was expected to be a banner year for U.S. oil production has failed to materialize as creeping inflation-related costs, supply-chain snarls and disappointing well performance for … Read more

Berkshire Hathaway’s Earnings Are Saturday. Here’s What to Watch.

When Berkshire Hathaway reports its third-quarter earnings on Saturday, investors won’t be spending a lot of time looking at the bottom line. The conglomerate’s stock buybacks, equity purchases, and losses from Hurricane Ian and other storms will get more attention. The company (ticker: BRK. A, BRK. B) has demonstrated its status as a haven this … Read more

Leaked Study Shows Exxon, Partners Overspent by $138 Billion

(Bloomberg) — Oil and natural gas projects that Exxon Mobil Corp. invested in between 1998 and 2017 ended up costing $138 billion more than early-stage estimates, potentially due to mismanagement by operators and poor planning, according to an internal analysis seen by Bloomberg. The 2020 study, reviewing 110 projects in which Exxon took a stake over two decades, suggested two … Read more

5 Dividend Stocks to Beat Inflation and Rising Interest Rates

Dividend stocks are facing stiffer competition, thanks to a big spike in bond yields. A risk-free 10-Year Treasury note was recently yielding 3.7%, up from 1.63% at the start of 2021. That’s well above the S&P 500 index’s dividend yield of 1.76%, making bonds more attractive for income investors. But this isn’t the time to … Read more