BHP Billiton (NYSE: BHP), the world’s largest natural resources company, is restructuring its operations around the world. This is resulting in change in the business model of the firm as its sells off assets and realigns its strcture. This is naturally causing short term pain in the stock price of BHP Billiton. As a result, […]
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Like many other major oil stocks, ConocoPhillips (NYSE: COP) is down for the last week, month, quarter and six months of market action. For the last 52 weeks, ConocoPhillips has dropped, too (chart below). Projections are that ConocoPhillips and other oil and natural gas stocks will continue to fall. The exchange traded fund for oil, […]
