Coterra shifts its view on oil, again. Here are our 3 takeaways as investors in the stock

Coterra Energy is refocusing on oil. CEO Thomas Jorden shared the company’s decision not to reduce its oil rig count at the JPMorgan Energy conference earlier this week. Here are several key takeaways for investors. 1. For starters, the move signals that Coterra has regained confidence in the direction of oil markets — and inherent…

Read More

Supreme Court limits judges’ power to halt Trump’s birthright citizenship order

The Supreme Court on Friday limited federal judges from issuing universal injunctions, which had been used to block President Donald Trump from implementing his executive order ending birthright citizenship. The 6-3 decision, which divided the conservative-majority court along ideological lines, clears the way for the Trump administration to push forward with its efforts to unilaterally upend longstanding U.S. citizenship rules and…

Read More