Business, Economy

“Energy Firm BP to Cut 10,000 Jobs Worldwide…”

“Energy company BP said Monday that its global workforce will be trimmed by 10,000 jobs… Chief Executive Bernard Looney said that the roles will be office-based and come mostly this year. The company’s current global workforce is 70,000. The changes… Continue Reading…

Business

“Chesapeake Energy Extends Gains as Oil Recovers…”

“Shares of Chesapeake Energy tore higher again on Friday, adding to gains of more than 90% in the past three days, after the oil and hydrocarbon driller announced it adopted a poison pill to thwart any takeover attempts spurred by… Continue Reading…

Stocks

“Chesapeake Energy’s ‘very low’ stock price prompts reverse split plans”

“Shares of Chesapeake Energy Corp. tumbled to another record low Wednesday, after the oil and natural gas production company said it was planning for a reverse stock split and that the commodities pricing environment has “further deteriorated” in recent weeks…… Continue Reading…

Stocks

“Chesapeake Energy’s stock bounces sharply off 26-year low after production update”

“Shares of Chesapeake Energy Corp. CHK, +7.87% soared 8.3% in premarket trading Wednesday, to bounce off the previous session’s 26-year low, after the oil and gas company provided a preliminary fourth-quarter production update… Chesapeake said it eliminated $900 million in debt, reduced expenses… Continue Reading…

Stocks

Do Or Die: Monster Penny Stock On The Way?!

I’m looking at you Chesapeake Energy. Right now it’s out of my range. I usually deal with stocks that are 30 cents and below. It’s around 57 cents at the moment. If this stock drops beyond 30 cents it’s going… Continue Reading…

Stocks

“The stock market’s biggest winners and losers of the past decade”

“Netflix (NFLX) +3,787% It wasn’t even close. Netflix stock was just $7.87 at the start of 2010; however since then, the stock has surged a whopping 3,787% and closed at $306.16 per share Tuesday…  Marketaxess Holdings (MKTX) +2,761% “… Shares… Continue Reading…

Stocks

“5 Top Dividend Stocks Investors Should Never Sell”

“Dividend stocks might lack the pizzazz of high-growth stocks and appear boring on the surface, but they’re a model of consistency. Income stocks are almost always profitable, they typically have time-tested business models, and they’re the real key to compounding investor… Continue Reading…

Business

“Secretive energy startup backed by Bill Gates achieves solar breakthrough”

“Heliogen, a clean energy company that emerged from stealth mode on Tuesday, said it has discovered a way to use artificial intelligence and a field of mirrors to reflect so much sunlight that it generates extreme heat above 1,000 degrees… Continue Reading…

Economy

“U.S. beats Saudi Arabia to become top oil exporter on shale boom”

“Surging output from shale helped America ship almost nine million barrels a day of crude and oil products in June, surpassing Saudi Arabia, the International Energy Agency said in a report, citing gross export figures. There’s room to send even more… Continue Reading…

Stocks

“Yuma Energy announces 1:15 reverse stock split”

“Yuma Energy’s (NYSEMKT:YUMA) announced one-for-fifteen reverse stock split of its issued and outstanding shares of common stock, effective at 12:01 a.m. Eastern Time on July 3, 2019, and will begin trading on a split-adjusted basis when the market opens on that date.… Continue Reading…