Browse Category

Energy Sector 15 January 2026 - 17 January 2026

Chevron stock price: Venezuela license shift and Leviathan expansion put CVX in focus after the close

Chevron stock price: Venezuela license shift and Leviathan expansion put CVX in focus after the close

Shares of Chevron Corporation ticked up 0.1% to $166.26 at Friday’s close after U.S. Energy Secretary Chris Wright announced that Washington is pushing “as fast as it can” to broaden Chevron’s license to operate in Venezuela. Under the new terms, Chevron would be allowed to pay the Venezuelan government in cash rather than crude, turning it into “another marketer of crude,” Wright said.
17 January 2026
Oil stocks this week: Chevron, Exxon rise as U.S. moves to widen Venezuela license

Oil stocks this week: Chevron, Exxon rise as U.S. moves to widen Venezuela license

Energy Secretary Chris Wright told Reuters on Friday that the U.S. is moving “as fast as it can” to expand Chevron’s Venezuela license, enabling the company to pay royalties and taxes in cash. This shift would let Chevron sell all its Venezuelan crude outright, instead of compensating the government with oil, Wright explained. He also revealed that Washington is marketing up to 50 million barrels of stranded Venezuelan crude, with the proceeds held in Qatari bank accounts under U.S. government control.
17 January 2026
Constellation Energy (CEG) stock dives on White House push to cap PJM power-market prices

Constellation Energy (CEG) stock dives on White House push to cap PJM power-market prices

Shares of Constellation Energy Corporation plunged on Friday, slipping as much as 9.8% to $307.71 in after-hours trading after fluctuating between $350.62 and $300.45 earlier. The selloff came after the White House urged PJM Interconnection—the country’s largest electric grid serving 67 million customers across 13 states plus Washington, D.C.—to hold a one-time emergency procurement auction for new power plants and impose limits on earnings for existing plants in PJM’s capacity market, which pays generators to stay on standby. This follows a recent PJM capacity auction that saw prices surge over 800% compared to last year. Pennsylvania Governor Josh Shapiro criticized PJM for being “too damn slow” amid rising power bills.
17 January 2026
GE Vernova stock jumps 6% as Trump-backed PJM power auction plan targets AI data-center demand

GE Vernova stock jumps 6% as Trump-backed PJM power auction plan targets AI data-center demand

Shares of GE Vernova Inc jumped over 6% on Friday following reports that the Trump administration, along with several governors, is pushing for an emergency power auction in the PJM market. Investors took the move as a potential boost for turbine demand. By 12:58 p.m. ET, the stock had climbed 6.1% to $681.57, hitting an intraday peak of $692.49 earlier.
1 20 21 22 23 24 48
AI PORTFOLIO

Top Stock Picks

Today’s highest-ranked model selections.

#1 BUY

Pfizer

NYSE: PFE 93 / 100
#2 TACTICAL BUY

AMD

NASDAQ: AMD 91 / 100
#3 STRONG BUY

AerCap

NYSE: AER 90 / 100
#4 BUY ONLY ON PULLBACK

Booking Holdings

NASDAQ: BKNG 88 / 100
#5 BUY ON WEAKNESS

Visa

NYSE: V 86 / 100
View full portfolio
Editorial model selection. Not personalised advice.