ALBERTA, Alberta _ Suncor Energy Inc. on Wednesday reported fourth-quarter net income of $397.8 million, after reporting a loss in the same period a year earlier. The Alberta, Alberta- based company said it had net income of 24 cents per share. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of 21 cents per share.
Stocks run the risk of getting trapped in another oil slick Wednesday.
OPEC's deal and Trump's election are boosting oil prices. These stocks should be big beneficiaries, says Andy Lipow.
The oil market is up against this vicious cycle and breaking out will be hard, says trader Anthony Grisanti.
Oil is headed back to the $30s, says trader Anthony Grisanti. Here's why he thinks the recent rally won't hold.
Though some predict oil will rise to $60 this year, consultant Andy Lipow says the market is acting more like the movie "Groundhog Day."
Berkshire Hathaway added a large chunk of Apple stock to its portfolio.
Oil prices inched up toward $50 a barrel, although uncertainty ahead of an OPEC producer-group meeting later in the week was expected to cap gains.
While the oil markets remain volatile, there are a handful of stocks in the sector that are the best bets right now, says Andy Lipow.
Canadian officials showed some optimism on Sunday they were beginning to get on top of the country's most destructive wildfire in recent memory.
Integrated oil and gas companies face headwinds as upstream production remain under pressure and downstream refinery margins are tightening.
Discussing the outlook for the price of oil, with Pavel Molchanov, Raymond James senior vice president and energy analyst, and Lloyd Byrne, Nomura Research head of global energy.
Discussing value picks in the energy space, and rental cars, with Andrew Wellington, Lyrical Asset Management co-founder, managing partner and CIO, and Stephanie Link, TIAA Equities portfolio manager.
The Saudi oil minister Naimi said oil production cuts won't happen. CNBC's Brian Sullivan speaks to Suncor Energy President and CEO Steve Williams, about where he sees the price of oil going, managing cash and the "safe" position of his company's dividend right now.
U.S. stock futures were sharply higher this morning, after Chinese stocks gained 3.2 percent overnight, on data that showed China's economy grew in-line with expectations.
Kevin O'Leary's shares his top energy play
While some might see crude oil falling to $30 or less, I think market sentiment may be starting to change, says Andy Lipow. Here's why.
If oil has bottomed, certain Canadian energy stocks could offer some of the highest returns on the recovery.
Chevron earnings fell well below expectations Friday, raising new questions about shareholder returns at a time when oil prices are sliding again.
Although oil prices will remain low, Goldman singles out one big energy company as good play.