After selling Pioneer, we’re looking to another oil name
Every weekday the CNBC Investing Club with Jim Cramer holds a Morning Meeting livestream at 10:20 a.m. ET. Here’s a recap of Monday’s key moments. 1. U.S. stocks climbed higher …
Exxon Mobil Corp
US oil is back, and Exxon’s $60 billion deal isn’t the biggest signal
Workers connect drill bits and drill collars used to extract oil in the Permian basin outside of Midland, Texas. Brittany Sowacke | Bloomberg | Getty Images After three and a …
Jim Cramer expects Exxon to benefit from megadeal for Pioneer Natural Resources
Truist Securities on Thursday made a “thoughtful” argument in support of Exxon Mobil‘s (XOM) decision to acquire Pioneer Natural Resources (PXD), CNBC’s Jim Cramer said. The analysts at Truist upgraded …
Why Cramer expects mega cap stocks will ‘shine’ in Thursday trading
Every weekday the CNBC Investing Club with Jim Cramer holds a Morning Meeting livestream at 10:20 a.m. ET. Here’s a recap of Thursday’s key moments. 1. U.S. equities were mixed …
Hawkish Fed? Hot PPI? Investors shrugged
U.S. Federal Reserve Chair Jerome Powell speaks during a news conference after a Federal Open Market Committee (FOMC) meeting on September 20, 2023 in Washington, DC. Chen Mengtong | China …
Investors shrugged off a hawkish Fed and hot PPI
Jerome Powell, chairman of the US Federal Reserve, during a roundtable event in York, Pennsylvania, US, on Monday, Oct. 2, 2023. Ryan Collerd | Bloomberg | Getty Images This report …
Why we’re selling our Pioneer stake before a deal with Exxon closes
Here’s our Club Mailbag email [email protected] — so you send your questions directly to Jim Cramer and his team of analysts. We can’t offer personal investing advice. We will only …
Pioneer Natural Resources’ Scott Sheffield says oil prices could surge if Iran enters the war
Scott Sheffield, CEO of Pioneer Natural Resources. Adam Jeffery | CNBC Pioneer Natural Resources CEO Scott Sheffield said oil prices could move a lot higher if Iran gets involved in Hamas’ war on …
Exxon Mobil agrees to buy Pioneer Natural Resources for nearly $60 billion in all-stock merger
Exxon Mobil said Wednesday it agreed to buy shale rival Pioneer Natural Resources for $59.5 billion in an all-stock deal, or $253 per share. As part of the agreement, Pioneer …
Here’s how the Club’s energy stocks are responding to oil’s uptick
Heightened geopolitical risk following the Palestinian militant group Hamas’ attack on Israel over the weekend helped push crude prices up around 4% Monday — even as the impact on Club …