Ovintiv Analyst Ratings
The 'Trump trade' of the 2016 version completely reversed afterwards, what about this time?
After Trump's election victory, the US dollar, US stocks, and small cap stocks usually tend to strengthen. However, during Trump 1.0, from 2016 to 2020, the US dollar and small cap stocks performed poorly, failing to rise as expected, while the rise in US stocks was mostly attributable to the strength of technology stocks. Analysis suggests that the 'Trump trade' is not the same as 'Trump investment', it is more of a short-term market reaction rather than a long-term trend.
"How long can the Trump trade continue?"
Compared to other presidential candidates, the impact of Trump's victory is unique, but Wall Street should also be wary of the fading of this effect.
U.S. Refiner Margins Seen Stabilizing Next Year as Plant Closures Cut Supply - EIA
Elliott Management Boosts Etsy, Southwest Airlines, Trims Seadrill: Top Q3 Trades
Elliott Investment Management 13F Shows Exited Position In Marathon Petroleum, Previously Holding 7,365,000 Shares; Ishares Biotechnology ETF Put Position, Previously Holding 2,800,000 Shares; Invesco S&P 500 Equal Weight ETF Put Position, Previously...
Expand Energy Goes Ex Dividend Tomorrow
Ovintiv Shares Are Trading Higher After the Company Announced It Will Acquire Core Money Oil Assets for $2.377B.
Ovintiv Shakes Up Portfolio With $2.38 Billion Montney Acquisition And $2 Billion Uinta Basin Sale, Pauses Buyback
Nvidia To Rally Around 23%? Here Are 10 Top Analyst Forecasts For Thursday
Coterra Energy Analyst Ratings
IEA: Crude oil demand growth in 2024 may be halved, with a surplus of over one million barrels of crude oil expected every day next year.
In terms of demand, the IEA expects that this year, global oil consumption will increase by 0.92 million barrels per day, which is less than half of the growth rate in 2023. By 2025, demand will grow by 0.99 million barrels per day. However, the IEA predicts that supply growth will continue, with production from countries such as the usa, Brazil, Canada, and Guyana increasing by 1.5 million barrels per day this year and next.
Ovintiv Entered Into A Definitive Purchase Agreement To Acquire Certain Montney Assets From Paramount Resources In An All-cash Transaction Valued At Approximately $2.377B (C$3.325B).
"Trump trade" may have been thoroughly priced! The question now arises.
Some analysts are worried that the market is currently rising prematurely, and a "rebound" may be just around the corner.
Afternoon crude oil analysis: The strong dollar is coming, with expectations of a global increase in oil inventories. Where will Brent crude oil prices head?
Due to the strengthening of the US dollar and expectations of an increase in global crude oil product inventories, Brent crude oil futures fell during the Asian morning trading session.
Crude oil futures prices stop falling, Trump's nomination of Secretary of State may lead to stricter sanctions against Iran.
Crude oil futures rose slightly on Wednesday, driven by short covering.
Coterra Energy Enters Definitive Agreements To Acquire Certain Assets Of Franklin Mountain Energy And Avant Natural Resources And Its Affiliates For Aggregate Consideration Of $3.95B, Consisting Of $2.95B Of Cash And $1.0B Of Coterra Common Stock
Trump aims to trigger an oil boom, but oil giants indicate it is not that simple!
Analysts say that it is difficult for any president to change the direction of oil prices or rbob gasoline prices.
Will oil prices drop to $40 next year? Wall Street is hotly debating this possibility.
Analysis suggests that if OPEC+ lifts its current production cuts in 2025, international oil prices could drop significantly by 40%, to around $40 per barrel. However, OPEC+ is more likely to opt for a gradual easing of the production cuts, rather than an immediate comprehensive removal of the cuts.
If OPEC+ cancels the voluntary production cut plan, what will happen? Analysis: Oil prices may be halved next year.
1. The agreement of OPEC+ member countries to reduce daily production of 2.2 million barrels of crude oil has been postponed until the end of December; 2. Market observers state that if the organization does not reach a genuine agreement to control production in the future, oil prices may fall to $30 or $40 per barrel next year; 3. According to forecasts, the organization is more likely to gradually phase out production cuts early next year, rather than immediately withdrawing completely.