Tag: oil extraction

Wall Street sees as much as 70% upside for these highly rated energy stocks in rally mode

Some investors might feel guilty about making money on fossil fuels, but the table appears set for more gains in energy-stock prices. Take a look at this chart showing price movement for continuous forward-month West Texas intermedia crude oil CL00 contracts over the past year: FactSet WTI was up 3.3% early on Sept. 15 to […]

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What does a mature streaming service look like? Netflix is about to show us

Netflix Inc. proved to the world that streaming video could be a big business. Now it will show the world what that business looks like when it hits maturity. Netflix’s growth stage hit warp speed during the COVID-19 pandemic, then fell off in the first quarter after nearly a year of staggering growth. When the […]

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U.S. industrial output rises at slower pace in November, pulled lower by utilities

The numbers: U.S. industrial production growth slowed slightly in November, weighed down by a sharp decline in utility output. Industrial output rose 0.4% in November, the Federal Reserve reported Tuesday. Economists surveyed by MarketWatch has expected a 0.2% gain. Production in October was revised to a 0.9% gain from the initial estimate of a 1.1% […]

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