You’re reading a free article with opinions that may differ from The Motley Fool’s Premium Investing Services. Become a Motley Fool member today to get instant access to our top analyst recommendations, in-depth research, investing resources, and more. Learn More. Vitesse Energy reported strong Q2 2024 earnings, surpassing...

Vitesse Energy Tops Estimates in Q2

ConocoPhillips continues to produce strong cash flow. The oil giant aims to return at least $9 billion in cash to shareholders this year. It expects to send investors even more money in 2025 and beyond. ConocoPhillips' strategy is paying big dividends for investors. ConocoPhillips (COP -1.14%) spent several years repositioning...

This Oil Stock is a Cash-Gushing (and Returning) Machine

Phillips 66 has been working to restore investor confidence after a historically bad year in 2020. The company has a clear plan for generating higher earnings and operating cash flow. Phillips 66 is a good overall value and is capable of investing in the energy transition. Phillips 66 continues to...

ExxonMobil Is a Rock-Solid Dividend Stock, but So Is This Dirt Cheap Value Stock That Paid $1.8 Billion in Dividends Over the Past Year

Hess posted $757 million, or $2.46 per share, in net profit for the second quarter. Hess Corp. has posted $757 million, or $2.46 per share, in net profit for the second quarter, up more than six times compared to the same period last year as oil and gas output grew and prices rose.

Hess Earnings Jump as Guyana, Bakken Productions Grow

The U.S. Energy Information Administration (EIA) has raised its forecast for crude oil demand in the United States, according to the agency’s Short-Term Energy Outlook released today—although its price outlook for this year and next has been revised down. The EIA now sees U.S. petroleum and other liquid...

EIA Raises 2024 Forecast For U.S. Crude Oil Demand

Enbridge pays a rock-solid dividend currently yielding 7%. The company has visible growth coming down the pipeline. It offers a low-risk opportunity to earn low-double-digit annualized total returns. Enbridge has everything it needs to continue supplying investors with a steadily rising income stream. Enbridge (ENB 0.96%) is North America's largest...

This 7%-Yielding Dividend Stock Should Be Your First Choice for Income and Upside

(Bloomberg) – Some leading U.S. shale producers are planning to pump more oil this year than originally projected, a sign national supply could exceed the modest growth expectations many companies had pledged. EOG Resources Inc., one of the largest independent shale producers, Coterra Energy Inc. and Civitas Resources Inc....

Multiple U.S. shale producers boost 2024 oil and gas production forecasts following unexpected Permian success

Chicago, IL

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Foodie in Chicago

Shortly before 3 AM, people in the Chicago area may have felt their houses shake as a 3.4-magnitude earthquake occurred about 60 miles west of the city. (CHICAGO) The United States Geological Survey (USGS) reported a 3.4-magnitude earthquake around Somonauk, IL. Somonauk is in DeKalb and LaSalle Counties, 64 miles west of Chicago.

Did You Feel the Earthquake?

Texas State

Breckenridge Texan

Average gasoline prices in Texas have fallen 10.2 cents per gallon in the last week, averaging $3.00/g today, according to GasBuddy’s survey of 13,114 stations in Texas. Prices in Texas are 5.9 cents per gallon lower than a month ago and stand 46.3 cents per gallon lower than a year ago. The national average price of diesel has fallen 2.3 cents in the last week and stands at $3.76 per gallon.

Gas prices drop, along with oil prices, according to GasBuddy report

(Bloomberg) – Colombia’s state oil company, Ecopetrol SA, has decided against buying a $3.6 billion stake in Permian Basin assets from Occidental Petroleum Corp. The company told Occidental Wednesday that it had opted not to acquire the 30% stake in the assets it has agreed to buy from CrownRock LP, according to a filing Thursday.

Ecopetrol opts out of $3.6 billion Permian oil deal with Occidental

Colorado State

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David Heitz

A bill quietly introduced this spring in the Colorado legislature to decriminalize the possession of drug paraphernalia obtained by harm reductionists has become law. As low-key as the legislation was introduced, the bill was signed into law without fanfare June 6. It garnered little to no media attention.

Colorado legalizes needles, pipes for meth and crack if obtained by harm reduction group

Oil giant Saudi Aramco on Tuesday reported a 3.4% fall in second-quarter profit on lower crude volumes and softer refining margins. Aramco posted second-quarter net income of 109.01 billion riyals ($29.03 billion) in the three months to June 30, beating a company-provided median estimate from 15 analysts of $27.7 billion.

Aramco's Second-Quarter Profit Slips 3% on Lower Crude Output

Markets Insider

The US is on track to churn out 270,000 barrels of oil a day in 2026 as the drilling boom continues, Goldman Sachs predicted.

The US will be an oil production powerhouse through at least 2026, Goldman Sachs says

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Stock Region

Aramco to Distribute $31 Billion in Dividends After Profit Exceeds Expectations. Disclaimer: This article is for informational purposes only and should not be construed as financial advice. The information provided is based on publicly available sources and reflects the market conditions and company performance at the time of reporting. Readers are encouraged to conduct their own research and consult with experts before making any financial decisions.

Crude Oil Company Announces $31 Billion Dividend Distribution

Kentucky State

Northern Kentucky Tribune

Kentucky’s Community Actions Partnerships have announced the starts date for the Low-Income Home Energy Assistance Program (LIHEAP) Summer Subsidy, aimed at helping Kentucky households offset summer cooling costs.

LIHEAP Summer Subsidy program to help with summer cooling costs to begin enrollment July 16

The Hill

DUBAI, United Arab Emirates (AP) — Saudi oil giant Aramco reported half-year profits Tuesday of $56.3 billion, down from the year before amid worries about a slowing global economy. Aramco, formally known as the Saudi Arabian Oil Co., said its overall revenue for the half-year was $220.7 billion, up...

Saudi Arabia’s Aramco reports lower half-year profits as economic worries dampen energy prices

Akeena

It looks like Red Lobster might be on the verge of a fresh start. After filing for Chapter 11 bankruptcy back in May, the beloved seafood chain is about to change hands, and it seems like things are moving fast.

Beloved Seafood restaurant chain could soon have a new owner, two months after bankruptcy

24/7 Wall St.

24/7 Wall Street Insights Analysts’ consensus on Enterprise Products Partners LP is a “strong buy”.  Bullish oil and gas industry trends, a 25 year unbroken track record streak for dividend increases, and expanded capacity projects already underway are all points in EPD’s favor. For investors seeking dividends, click here for a free report on two […]
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The Single Best Dividend Stock to Buy Under $35

Missouri State

CJ Coombs

Denny's was once a staple of the American diner landscape. In recent years, it has had its ups and downs, especially post-pandemic. The dining habits of people also change. Some customers have a more discerning taste.

Denny's: a legacy of serving customers for over 65 years including 27 locations in Missouri

Reuters

LONDON (Reuters) -Oil prices crept higher on Wednesday, though Brent still languished near seven-month lows, pressured by concerns over weak demand and fears of recession in the United States.

Oil prices near multi-month lows, edge higher on Mideast tensions

NewsBreak

MPLX LP: Bullish 7.9%-Yielder Hits Record High

MPLX LP Has Hiked Its Dividend for 10 Straight Years. While crude oil prices can be volatile, for the most part, they’ve been range-bound over the...

MPLX LP: Bullish 7.9%-Yielder Hits Record High

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