By: Allison Herrera – KOSU – The second day of confirmation hearings for U.S. Representative Deb Haaland concluded on Wednesday. Members of...
By: Jack Money – The Oklahoman – Oil and gas operators headquartered in Oklahoma continue adjusting their footprints as market and geopolitical...
By: Carolyn Davis – Natural Gas Intelligence – The Permian Basin will be the go-to target for Devon Energy Corp. this year,...
By: Joe Wallace – MarketWatch – The deep freeze that plunged Texas into darkness is rippling through energy markets in unexpected ways,...
By: Alex Lawler & Jennifer Hiller – Reuters – OPEC and U.S. oil companies see a limited rebound in shale oil supply...
By: Catherine Leffert – Dallas Business Journal – Tailwater Capital has announced several midstream acquisitions in the last month, utilizing a $1.1...
By: Paul O’Donnell and Kyle Arnold – The Dallas Morning News – Dallas-based pipeline giant Energy Transfer is acquiring an Oklahoma City...
By: Adrian Hedden – Carlsbad Current-Argus – EOG Resources, a major natural gas operator in the Permian Basin planned to use solar...
By: Rachel Adams-Heard – Bloomberg – Chris Bird first saw the rumors of soaring gas prices Friday morning on Twitter. Physical natural...
BY LETICIA GONZALES – Spot gas prices surged to all-time highs across much of the United States during the Feb. 7-12 week as...
U.S. stocks completed a momentous trading session on Wednesday, with investor optimism over Donald Trump's presidential election victory fueling the most significant post-election jump in the Dow Jones Industrial Average in over 100 years.
Wednesday's advance in all three major U.S. stock indexes came despite a spike in Treasury yields, led by a 15.3-basis-point rise in the 30-year rate.
Based on preliminary data, the Dow Jones Industrial Average closed up 1508.05 points, or 3.6%, at a new record close of 43,729.93.
The S&P 500 closed up by 146.28 points, or 2.5%, at 5,929.04.
The Nasdaq Composite ended up by 544.29 points, or almost 3%, at 18,983.47.
The small-cap Russell 2000 Index finished up by roughly 129 points, or 5.7%, at around 2,390 for its largest one-day point gain on record.
At Janus Henderson Investors, Marc Pinto, head of Americas equities, and Lucas Klein, head of EMEA and Asia Pacific equities, said the surprisingly straightforward U.S. election results may provide additional fuel for U.S. stocks through year-end. However, they said, it remains to be seen how policy will impact future earnings—the real driver of long-term returns.
The stocks of renewable-energy companies led S&P 500 decliners early Wednesday, after former President Donald Trump won a sweeping victory in the U.S. presidential election.
Trump, who has denied that the climate is changing as a result of burning fossil fuels, is expected to upend green policies implemented by the current administration, which include solar tax credits and incentives that were part of incumbent President Joe Biden’s Inflation Reduction Act.
“The renewables sector might face downward pressure if Trump prioritizes fossil fuels over green energy and scales back clean energy incentives or environmental regulations,” said Daniela Sabin Hathorn, senior market analyst at Capital.com, in emailed comments.
By Ernest Scheyder |HOUSTON (Reuters) – Exxon Mobil said on Wednesday it has signed...
The owner of the Inglewood Oil Field in Los Angeles County is taking the...
By Jarrett Renshaw (Reuters) – U.S. President-elect Donald Trump does not intend to spare...
Thanksgiving Day, 6:42 a.m. The faint glow of sunrise illuminated the empty parking lot...
(Reuters) – Oil prices were little changed on Wednesday, pressured by a large surprise...
APA Corporation, a Houston-based oil and gas exploration company, is expanding its partnership with...
Story By Mella McEwen | Midland-Telegram Reporter |Devon Energy has begun detailing the results...
Donald Trump’s transition team is preparing to make energy a top priority, aiming to...
ONEOK, Inc. [OKE.N] and EnLink Midstream, LLC [ENLC.N] have announced that they have executed...
ConocoPhillips has recently made headlines with its acquisition of Marathon Oil, a move that...
By Kaanita Iyer, CNN |President-elect Donald Trump has chosen North Dakota Gov. Doug Burgum to...
U.S. natural gas producers are gearing up to boost output in 2025 after a...
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