Oil prices are surging – these eight stocks are still bargains for long-term investors:

Oil prices are surging – these eight stocks are still bargains for long-term investors:

The combination of underinvestment in new oil wells and rising demand underscores what might be a long period of high prices for energy commodities. Meanwhile, many oil and gas stocks are still trading at low valuations to expected earnings despite a sector-wide rally stretching back to the end of 2020. Even though the energy sector … Read more

Exxon and Chevron, Buoyed by High Oil Prices, Shower Investors With Cash:

Exxon and Chevron, Buoyed by High Oil Prices, Shower Investors With Cash:

Big oil companies are continuing to reap the benefits of high commodity prices but aren’t backing off plans to reward investors while keeping production roughly flat. Exxon XOM: -2.24% Mobil Corp. said Friday it collected $ 5.5 billion in first-quarter profit, more than double the same period last year. The US oil giant said it … Read more