4 takeaways from the Investing Club's 'Morning Meeting' on Wednesday
Lots of Club names making news on Wednesday, including Halliburton, Bausch Health, Apple and Amazon.
Policies
Buy Chevron as shares look attractive at these levels, HSBC says
The recent pullback in oil prices leaves energy stocks trading at attractive valuations, making now a good time to buy Chevron, HSBC says.
EU to ask countries to reduce energy usage as Putin tightens grip on gas supplies
The European Commission is to present a plan on how countries can prepare for the winter. This comes as Gazprom said it can't fulfil contracts with Europe.
Analysts dropped a bunch of new notes on energy stocks. Here's where we stand on ours
Analysts issued a flurry of new notes on the energy sector Tuesday. The CNBC Investing Club breaks them down and shares its thoughts on its oil and gas names.
Buy Exxon Mobil as shares can rally more than 25% from here, Piper Sandler says
Now is the time to buy Exxon Mobil as the stock is trading at attractive levels given the recent pullback from its highs, Piper Sandler says.
Russia nears gas shutdown in Europe as Germany rejects claims it can't fulfil contracts
Germany's energy giant Uniper told CNBC it had “formally rejected” Gazprom's force majeure claim.
Russia's squeeze on gas means Germany's energy giant is having to draw supplies from storage
German energy giant Uniper said it is having to draw down gas supplies from storage facilities, further reducing supplies needed for winter.
Hilcorp, Exxon Mobil, ConocoPhillips top greenhouse gas emitters among U.S. oil and gas companies
Hilcorp Energy, Exxon Mobil, ConocoPhillips release the most greenhouse gasses among U.S. oil and gas companies, according to a new report based on EPA data.
Income-seeking investors should look at this energy subsector, experts say
The energy sector is the only S&P group in the green for 2022, and experts say there's one specific area income-seeking investors should look at.
Norwegian oil giant Equinor to buy U.S.-based battery storage firm
A major producer of fossil fuels, Equinor is also working on renewable energy projects.
