Is this the beginning of the end for Big Oil's windfall?

Oil and gas companies have had two years of skyrocketing growth, but this earnings season could mark the beginning of their descent back down to earth.

News: What you need to know about the markets     Is this the beginning of the end for Big Oil's windfall? Oil and gas companies have had two years of skyrocketing growth, but this earnings season could mark the beginning of their descent back down to earth. Read more »   Why these chunky, ugly running shoes are selling like crazy Sneakers designed to feel like running barefoot used to be the hottest phenomenon in exercise. Now, the opposite is true. The ugliest, chunkiest sneaker brand is flying off the shelves. Read more »   Central banks have been fighting a war on inflation. They're not done yet One of the main jobs of central banks is to keep prices under control, allowing households and businesses to plan for the future with some certainty on what things will cost. Read more »   Stocks sizzled in January as rate hike and inflation fears ebbed New year, new attitude on Wall Street. Stocks are off to a strong start in 2023 following last year's abysmal showing. Read more »   The Covid sales boom is over for Pfizer Pfizer generated nearly $57 billion in combined sales last year from its Comirnaty Covid-19 vaccine and Paxlovid antiviral pill. That works out to almost 60% of the company's total revenue for 2022. But the boom appears to be over. Read more »   ExxonMobil earnings more than double to annual record ExxonMobil's earnings slowed from a peak earlier in the year but the oil giant still reached a full-year record profit more than double what it reported a year ago. Read more »

Dow Nasdaq S&P +368.95   +190.74   +58.83 34,086.04   11,584.55   4,076.60 +1.09%   +1.67%   +1.46% YTD +2.83%   YTD +10.68%   YTD +6.18%

Biggest Winners A O Smith Corp +13.67%   International Paper Co +10.66%   Pultegroup Inc +9.42%   Pentair PLC +9.23% Biggest Losers Phillips 66 -5.78%   Corning Inc -4.89%   Caterpillar Inc -3.52%   McDonald's Corp -1.29%

Hottest ETF NYSE Market Volume

Key Market Stats Latest Today's Change Oil $79.04 +1.14 / +1.46% Gold $1,928.40 +5.50 / +0.29% 10-yr 3.53% -0.02 Euro $1.09 +0.00 / +0.13%

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