Phillips 66 has agreed to acquire the assets and infrastructure of the Lindsey Oil Refinery in northern England, announced on January 5. The company plans to integrate these assets into its Humber Refinery complex.
Halliburton's stock surged over 15% in early 2026 as investors consider potential benefits from US actions in Venezuela. The company filed an arbitration case against Venezuela for broken contracts.
HF Sinclair Corporation has finalized its $38 million acquisition of Industrial Oils Unlimited, a move that strengthens its lubricants and specialties segment. The company also received a stock upgrade from Piper Sandler analyst Ryan Todd on the same day.
Valero Energy's stock reached an all-time high on January 8 as investors see it benefiting from potential increased Venezuelan oil imports. Analyst price targets were raised, and investor Michael Burry expressed confidence in the company.
Evercore ISI upgraded SLB N.V. to 'Outperform' on January 6, raising its price target and EPS estimates, citing the ChampionX acquisition and reduced APS exposure.
Piper Sandler lowered ConocoPhillips' price target to $109 but kept an Overweight rating. The firm may benefit from recent U.S. actions in Venezuela regarding $12 billion in arbitration awards.
Chevron is negotiating with the US government to expand its license for Venezuelan operations, aiming to restore export levels and supply partners globally after recent restrictions.
Exxon Mobil warns of a $1.2 billion Q4 2025 earnings hit from low oil prices, as CEO Darren Woods calls Venezuela 'uninvestable' despite Trump's invitation, sparking presidential criticism.
Erasca's general counsel sold 120000 shares for $670800 on Jan 7, reducing direct holdings by 82.72% while retaining 360000 options.
Rosenblatt analyst Kevin Cassidy reaffirmed a Buy rating on Penguin Solutions with a $30 price target following better-than-expected revenue and earnings. The firm noted strong growth in Advanced Computing and Integrated Memory segments.
Morningstar's Christine Benz details an eight-step process for reviewing investment portfolios, covering documentation, savings rates, asset allocation, and tax efficiency.
H.C. Wainwright analyst Scott Buck reiterated a Buy rating and $26 price target for SoundHound AI after its CES 2026 demonstrations, citing revenue momentum and a path to EBITDA breakeven.
Amazon's stock surged over 10% last week, with its RSI hitting 70, an overbought level. Analysts view this as a bullish sign, reinforced by steady accumulation and upcoming January earnings.
Samsara Inc. shares are down 23% year-over-year but are testing a historically bullish long-term trendline, with potential for a short squeeze and low options volatility noted.
Evercore ISI analysts select Apple as their top hardware pick for 2026, citing AI upgrades to Siri and a strong product cycle. The stock has lost nearly 5% this year.