pippa stevens has the close for us s seesaws today.uniformed follows the cpi reading, as traders looked to crude, but the ongoing iran talks, now the wti around 90, this would have previously meant producers, and u.s. shale is not going to respond to this time, among other things, the firm noted that executive compensation is now increasingly tied to free cash flow return and esg. the firm said the average weighting of production is down from 15% in 2019 to 8% last year ultimately they said this will limit levels to well best low 2019 a check on prices. wti is up 0.1%, brent crew down a third of a percent, and take a look at nat gas, down about 1.25%. >> thank you very much, pippa stevens. >>> a new report on stock splits shows they tend to boost returns, according to bank of america, which says alphabet's announcement could usher in a wave of others jared woodard is the annualest behind this report what are we are talking about? >> the returns we saw were pretty stunning. we saw on average after the company announced a stock split, it

pippa stevens has the details. >> seeing a 9 at the front of wti first time since 2014. jumping 2% brent crude up 1.7%. a weaker dollar was the catalyst that turned things around. and adding that weather is also having an impact and speaking of weather, volatile day for nat gas. a cold front is sweeping much of the central u.s. and memories of texas last year. today's move to the downside follows the forecast softening a built. watch for halted production adding that prices are likely to remain volatile. >>thank you. let's turn to treasury rates popping with rates in europe after the pivot. rick >> yes, tyler. lagarde and company may not have wanted to acknowledge how inflation ramped up in the economy but had very little choice and once into that lane the markets did take over. let's look at a 24-hour chart of the 2-year in europe look at it go. it is unbelievable u.s. 2-year 1.20 as you look at the shots at minus .33% o open up to december of 2015. minus .33. since christmas of 2015. 10-year bund at positive 14 as you see on the intraday chart -- do the next chart. hig

pippa stevens has that >> oil prices jumping following the headlines.highest level since september of 2014 and now within striking distance of that key $100 level any disruption wti at $95 brent crude up 1.7%. again this is the highest level in more than seven years and contributing to inflationary pressures in the market. something to watch back to you. >> thank you >>> we have a move here on overall with the headlines of the geopolitical side. the picture's changed. the embassy is temporarily relocated out of kyiv the capital city there let's bring in fred kempe. this maybe wasn't unanticipated. we have been hearing rumors with regard to a possible evacuation of the personnel take us through what's changed in your mind in the last 24 hours that has seemingly escalated the timeline for a possible invasion of the ukraine. >> i have been engaged in conversations with ambassadors, diplomats and officials in europe and the level of uncertainty is unlike anything i have seen in my lifetime this is either the most convincing bit of diplomacy since moscow blo

oil closing for the day and the week new highs today pippa stevens is all over it. >> a big week foril with wti topping $90. oil is now up measure than 20% for the year demand has rebounded and supply remained tight inventory is depleted. add in geoplay call tensions and prices respond opec and allies said they'll boost output and begs the question whether u.s. shale will pick up the slack. brent crude up at $93.24 higher oil is pushing up gas prices and the national average hit highest level since september 2014 today at 3.423. just above the november high of 3.422. president biden saying this morning his administration is working to bring down prices kelly? >> already the highest price at the pump since 2014. thank you. >>> apartment reits report and the stock is mixed why what's causing the discneonct we'll break it down next ♪♪ what do we want delivered every month? clumping litter? salmon pate? love that for me. just choose the frequency and ship it! i feel so accomplished. now you can pet me. get fast free shipping for all your pets' needs. chewy. municipal bonds don't usually

pippa stevens with the latest. >> oil with a gain but closing well off the highs of day.first round of u.s. sanctions against russia that didn't target the energy complex directly the commerce bank noting a risk that russia will retaliate we are also still watching headlines from iran on a possible deal. wti up at $92. brent crude down a tenth of a percent and with the uncertainty jpmorgan laid out outcomes for oil. russian escalation is the base case under this scenario thank you see brept averaging $110 in q2 before dropping to $90 by the end of the year. escalation without iran will send oil to $115 in q2 and iran deal with no further escalation sees prices drop to 90 bucks a lot of forecast for moving prices. >> thank you. >>> all right. let's get to a stock soaring today. it's overstock analysts say the majority of the jump from news that ice will make an investment in t-zero joining us is jonathan johnson welcome. >> thank you, kelly. good to be here. >> do you want to make a comment on that ice situation or what do you think is driving the stock today? >> we delive

pippa stevens has the latest. >> oil is climbing today with the russia and ukraine tensions center stage the latest u.s. stockpile report the inventory at kushing at the lowest levels. wti crude is up. brent crude advancing. at this point oil is on track for a ninth straight week of gains. nat gas up 9.5% today. the 4.50 is technical resistance and now topping that 4.75 could be next. energy is best today devon reporting last night with an expanded buyback program. tyler? >> thank you. >>> let's ton to retail. crocs shares sliding crossing the $2 billion mark first time ever. 67% growth from 2020 what's going on here let's welcome back the ceo. >> thank you. >> what do you think the market is looking at here i guess with 67% revenue growth it is hard to keep that growth up but you predict growth for 2022 and a lot of it. >> yeah. we had a great year last year. 30 pistons margins which is the best in the industry and we feel really confident about the year ahead of us guided the market to 27% plus growth in crocs and we'll see really strong growth this year and we think profitability will

back to you. >> pippa stevens, thank you. >> i think i just jumped on your toes, carl sorry about that get to you. we have seen energy stocks jump 20%, 21% since really since the start of the year. they're in the red today is there still opportunity to be had here or are you really squarely focused on tech, given the big downdraft we have seen in some of those names >> no, people came into 2022 underweighted energy, and that's been proven out by what's happening. your previous guest talked about the beef trade i'm loving that acronym. kind of upset i didn't create it myself people are underweighted there, and you're seeing that it seems to be the safe haven, like people thought you could only buy tech with your eyes closed a year ago, and two years ago with the stay-at-home trade, those things don't last forever, but the long term outlook for energy, it's been a tough trade for a long time. they're catching up, and i think that probably for the near term that's going to continue but i'm not surprised, and i would expect that to continue in this kind of rotation as people start to show

pippa stevens is following it for us >> oil trading in the red, cooling off a little bit after a relentlesshigher and seven straight weeks of gains. geopolicy talks are set to begin tomorrow in vienna lack of supply has been a key driver for prices, so these potential additional barrels would shift that narrative crude is still holding above 90, though wti down, brent crude down, and nat gas is down more than 7% amid continuing the streak of extreme volatility as weather models show warmer temperatures. energy stocks are shrugging off the declines and moving higher the top group today with a gain of nearly 2% >> pippa, thank you. >>> the nasdaq is down 10% to start the year our next guest says there are two things he's watching before buying any of the dips in technology paul meeks is portfolio manager with independent solutions wealth management. let's go right to the story here what are the two things you are looking to see before you start nibbling at technology >> so, the first thing, tyler, is i want to get through the quarterly earnings period. usually i don't care so much about these

. >> thank you very much let's turn to pippa stevens for crude prices. >> a big day for energy and atunning reversal for wti that dipped into negative territory still a big reversal after topping $100 earlier in the day for the fist time since 2014 and off the levels as president biden reiterated no plans to target russia's energy complex contract is up at $92.36 brent crude up at $98.40 earlier it did trade above $105. natural gas was up 7% earlier. and in europe the move far more extreme. nat gas surged 50% at one point over fears of disruptions. russia supplies one third of europe's natural gas an area of the market higher is green energy elevated and uncertain oil and gas prices making renewables more attractive. solar edge and array technologies in the green here watching metals. aluminum hit a record high earlier today and nickel rose to the highest in a decade. palladium and platinum jumped before giving back according to data from cru and much is exported more than 90%. so guys a lot of moving parts. >> thank you very much. >>> let's turn attention to the big defense contract

. >>> oil has been taken a breather what about today pippa stevens on the case. >> oil is in the greenof the session. today u.s. oil traded back above $90 following the latest inventory that shows that stockpiles dropped by 5 million barrels in the prior week. product supply which is used to gauge demand hit a record 21.9 billion barrels per day over the past four weeks u.s. inventory is at the low elf level since 2018 wti is up a quarter of 1% at $89.61 and brent crude up at $91.53 and ed moya said there are too many catalysts in the near future adding that geopolitical tensions remains a wild card. >> thank you very much. >>> now while many on wall street are calling for $100 plus oil, we've heard $120, $150 and my next guest sees prices falling amid a coming oil surplus. with us is ed morris how low could prices go? >> so it is always hard to say what the bottom is and the top is but we're figuring at about a mid $60 price range for brent. $60 for wti by the end of the year just based on the numbers that we look at and yes, there are wild cards in them that could change that one way

guys >> pippa stevens, thank you for laying that out. >> joining us now for more, andy lipow. was that a big surprise that the iranian negotiator tweeted that the deal is closer than ever and what could that mean for oil prices, andy >> well, i think the market has been waiting for over a year to see some progress on the negotiation front, and now that we do have a headline, the market is reacting i think that if we were to get iranian oil to return to the market, first, they have a lot of inventory that could hit the market immediately and then we could see their production increase which would hit the market eventually, but in the near term, a return to the market would mean a fall of $3 to $5 a barrel in the oil price. >> we're seeing it down $2, a little less than that today. it's hard to make sense of all of the moving geopolitical parts. as far as the market concern, which is the more powerful force, what happened in russia/ukraine, what happens with iran, demand coming out of covid. what's going to take prices one way or the other >> taking precedent is what's happening

pippa stevens with the check of the action. >> end face shares off the highs of the day but still upd off last nywith a strong report and that is injecting many optimism into the broader industry the company beat top and bottom line estimates for q4 and posted report revenue and phase gave upbeat guidance for the current quarter. now analysts likes what they heard and five firms raised their price target despite today's move the stock is more than 40% below the november lie but the ceo is unfazed and he told me the company is resilient and optimistic and the demand for batteries remains strong now this report comes at a time when solar stocks have faced a whole lot of headwinds there is uncertainty on the policy front both federal and state. supply chain pressures rising rate fears and out of growth and into value names like maxion solar and sun nova and sun run on the move today but below the 52-week highs. >> a lot of them are different business lines end phase was one of the more quality names because it is in inverters, is that right. >> exactly so they make specialized miko inve

♪ ♪ ibm let's create >>> dow session highs up 350 looking at the etf spotlight on energy today pippa stevensfter sanctions from the u.s. so far not targeted russia's energy complex. president biden saying yesterday that energy payments will continue russia, of course, a key supplier to europe today's move a day after crude surged $100 for the first time since 2014 nothing on the supply front changed and one trader said yesterday's move was about panic buying but looking forward the consensus is not whether oil goes higher but how high it can go we hear calling for 110, 120, 130. can't forget about the iran nuclear deal bringing barrels back immediately and change that upside calculus. looking at how this impacts the energy complex the xle in the green. occidental, chevron and devon up better than 2% for the week the sector is still in the red clean energy outperforming this week higher and volatile oil and gas prices makes renewables look more attractive. morgan, back to you. >> makes sense talk about it. pippa, thank you. >>> after the break the geopolitical fallout from the invasion of ukr

. >>> the broader equity markets are down one asset gaining amidst in volatility is metals pippa stevensls, russia is a major player in the global metals industry and any disruption in supply could strain an already tight market aluminum jumping 3% to a record high nickel at the highest in more than a decade. palladium up and platinum the highest since july russia is a key supplier of them all. let's run through the numbers. it controls 35% of global palladium, 10% of platinum, 6% of aluminium, 5% of nickel and four 4 of crude steel. this is exported more than 90%. these metals of instrumental for auto companies, catalytic converters and lithium-ion batteries. lithium, packaging to soda cans. jump in prices comes down to fears over what potential sanctions could mean as jpmorgan put it, there is very little additional cushion for further supply disruptions higher energy prices also having an impact. some european production had already slowed due to high power prices in the energy intensive metals industry. all of which is contributing to the inflation we're seeing across the economy car

cnbc's pippa stevens has the latest >> energy is the top sector by a long shot. 2% while the other ten sectors are in the red. now, this strength follows brent crude regaining $100 with u.s. crude right around $96 per barrel drilling down on the sector, occidental is leading the way. jumping more than 12%. the company posted strong results last week and said it's hiking its quarterly dividend from 1 cent to 13 cents per share. other upstream players, devon, apa advancing, schlumberger is one of several names in the red. the company does have exposure to russia, and it's not just oil and gas. clean energy companies are also surging. the solar fund up 7%, leaders include solaredge and sunnova, it follows a whole lot of weakness >> in that subsector, for sure pippa, thank you barb, a lot of things have kind of come as a bit of a revelation here, and one of which is maybe underinvestment in lots of energy infrastructure. you have a lot of rethinking of exactly what we need and how to get it has it changed anything on the investment front with regard to energy, either