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Energy

Permian Resources (NYSE:PR) Near 52-Week High: Q2 Oil Output of 198,100 Barrels a Day

Morgan Stanley raised its target to $27 from $25 on October 15 and kept an Overweight rating. Wells Fargo lifted its target to $28 from $27 on October 14, also at Overweight. On October 12, Citi and Truist each moved their targets to $28 …

Nitish Kishor | 20 October 2026

Western Gateway Pipeline Decision: Phillips 66 (NYSE:PSX) Shares Near 52-Week High

Morgan Stanley raised its target to $284 from $196 on September 14 and kept Overweight. Mizuho downgraded to Neutral from Outperform on October 8 and lifted its target to $300 from $220, saying much of the refining earnings improvement is already reflected in share …

Nitish Kishor | 20 October 2026

Riley Exploration Permian (NYSE American:REPX) Raises Dividend, Shares Near 52-Week High

Truist has acted since the August 5 results. In mid-August it lowered its price target to $41 from $47 and kept its Buy rating. This is the firm's own view, not a forecast by this article.

Nitish Kishor | 20 October 2026

Stock Near 52-Week High, ExxonMobil Holdings (NYSE:XOM) Completes Texas Redomiciliation

Barclays raised its target to $200 from $177 on October 19 and kept Overweight. Morgan Stanley kept Overweight on October 15 and lifted its target to $185 from $177. Wells Fargo downgraded the shares to Equal Weight from Overweight on October 1, with a …

Nitish Kishor | 20 October 2026

Why Did Oil Settle at USD 101.41 for USO (NYSEARCA:USO) Holders?

Oil climbed through the October 16, 2026 session as attacks on tankers in the Middle East raised fears of lost supply. West Texas Intermediate settled at USD 101.41 and Brent at USD 109.86, the highest Brent close since May 19. Some reports describe midday …

Vinay Lochav | 19 October 2026

Why Did Energy Lead the S&P 500 for XLE (NYSEARCA:XLE) Holders?

Energy was the one corner of the market that worked on October 16, 2026. Targa Resources rose 4.37%, Diamondback Energy 4.27% and Kinder Morgan 4.20%, according to published data on S&P 500 members. EOG Resources and EQT each rose 3.53%, ConocoPhillips 3.37% and Chevron …

Vinay Lochav | 19 October 2026

How Will Oil React to Trump's Russia Waiver for USO (NYSEARCA:USO)?

President Trump signed an order on Friday, October 16, 2026 waiving a new package of Russia sanctions and tariffs shortly before it took effect, according to a report on October 17. The step followed a Russian diesel supply deal, in which Russia would reportedly …

Vinay Lochav | 19 October 2026

Why Did Targa (NYSE:TRGP), Diamondback (NASDAQ:FANG), Kinder Morgan (NYSE:KMI) and EOG (NYSE:EOG) Lead the S&P 500?

Targa Resources rose 4.37% on Friday, October 16, 2026, topping all S&P 500 members. Targa Resources (NYSE:TRGP) operates gathering, processing and transport assets for natural gas and related liquids, so it earns fees tied to volumes rather than prices alone. No company-specific catalyst was …

Vinay Lochav | 19 October 2026

How Did Oil Above USD 100 Move USO (NYSEARCA:USO), XLE (NYSEARCA:XLE), Chevron (NYSE:CVX) and Exxon Mobil (NYSE:XOM)?

West Texas Intermediate settled at USD 101.41 on October 16, 2026, up from USD 95.69 the day before, a rise of roughly 6%, simple arithmetic on two published prices. Brent settled at USD 109.86, the highest close since May 19. Midday readings were lower …

Vinay Lochav | 19 October 2026

How Does Oil Near USD 100 Hit Halliburton (NYSE:HAL), Cleveland-Cliffs (NYSE:CLF), XLE (NYSEARCA:XLE) and American Express (NYSE:AXP)?

Halliburton (NYSE:HAL) is an oilfield services provider, and it is scheduled to report before the open on Tuesday, October 20, 2026. Consensus earnings of USD 0.58 per share come from published market data, and revenue expectations were not captured. The same morning brings Hasbro …

Vinay Lochav | 19 October 2026
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