January 8, 2015 (Chinavestor) With oil prices down to $50 and under a barrel, shale oil stocks play for time. It is estimated that companies like Continental Resources (NYSE:CLR) and Whiting Petroleum (NYSE:WLL) need at least $60/barrel to survive.
January 8, 2015 (Chinavestor) Now that Brent oil looks settled for $50/barrel, investors have to reassess the situation regarding the energy sector. We are going to see how did four different energy plays fare in the last five days and why. The best energy option for January has been BP Prudhoe Bay Royalty Trust (NYSE:BPT). Second best is Petrochina CO. Ltd. (NYSE:PTR), China's premier oil producer. Exxon Mobile (NYSE:XOM) is third in terms of relative performance. Finally, low oil price is hitting shale oil producers the hardest. Whiting Petroleum (NYSE:WLL) remains hammered as the oil price plunge continues.
July 21, 2013 (WSNT) This is too funny. Cramer declared on CNBC's Mad Money last Wednesday that while the latest deal between Apple Inc. (NASDAQ:AAPL) and IBM Corp. (NYSE:IBM) is beneficial for both companies, Apple is the one who got the longer end of the stick. To be precise, this is what Jim Cramer had said "While a newly announced partnership is good news for IBM, I think it's amazing news for Apple".