Northern Oil & Gas, Inc. (NYSEAMERICAN:NOG) – Seaport Global Securities lowered their Q3 2019 earnings per share estimates for shares of Northern Oil & Gas in a research report issued on Thursday, June 28th. Seaport Global Securities analyst M. Kelly now forecasts that the energy company will earn $0.12 per share for the quarter, down from their prior estimate of $0.13. Seaport Global Securities currently has a “Buy” rating and a $4.00 target price on the stock. Seaport Global Securities also issued estimates for Northern Oil & Gas’ FY2019 earnings at $0.51 EPS.
Get Northern Oil & Gas alerts:Northern Oil & Gas (NYSEAMERICAN:NOG) last announced its quarterly earnings data on Monday, May 7th. The energy company reported $0.17 earnings per share for the quarter, beating the consensus estimate of $0.12 by $0.05. The company had revenue of $66.61 million for the quarter, compared to analyst estimates of $77.25 million.
Top 10 Oil Stocks To Watch For 2019: Encana Corporation(ECA)
Advisors' Opinion:- [By ]
Already, shale companies such as Encana (ECA) , Occidental Petroleum (OXY) and Pioneer Natural Resources (PXD) , among others, are reporting higher cash flows and earnings on higher oil prices. As a result, they are paying down debt, increasing dividends and engaging in buybacks. This is a dramatic improvement in shareholder yield for the group.
- [By Ethan Ryder]
Encana (NYSE:ECA) (TSE:ECA) had its target price raised by Morgan Stanley from $16.00 to $20.00 in a research report report published on Wednesday morning. Morgan Stanley currently has a buy rating on the oil and gas company’s stock.
- [By Matthew DiLallo]
Today, however, many drillers are setting a high bar for new wells. EOG Resources (NYSE:EOG) has been one of the leaders in disrupting the former way of thinking by establishing a high return hurdle rate for new wells of 30% after-tax at $40 oil. Others followed with similar return-focused approaches, including Encana (NYSE:ECA), which needs locations to achieve a 35% after-tax return at $50 oil to meet its premium hurdle rate.�
- [By Shane Hupp]
Electra (CURRENCY:ECA) traded down 5.1% against the U.S. dollar during the 24-hour period ending at 15:00 PM E.T. on June 12th. Over the last seven days, Electra has traded down 25.7% against the U.S. dollar. Electra has a market cap of $34.53 million and approximately $134,011.00 worth of Electra was traded on exchanges in the last 24 hours. One Electra coin can currently be bought for $0.0013 or 0.00000020 BTC on exchanges including CryptoBridge, Fatbtc, CoinFalcon and Coinhouse.
Top 10 Oil Stocks To Watch For 2019: Marathon Oil Corporation(MRO)
Advisors' Opinion:- [By Matthew DiLallo]
Marathon Oil (NYSE:MRO) is another oil company built to thrive at lower oil prices. At $50 oil, Marathon can generate enough cash to grow production at a 10% to 14% annual pace for the next several years while living within cash flow. At $60 oil, Marathon's plan would generate about $500 million in free cash flow. With oil above that level even after the recent OPEC chatter, Marathon is on pace to produce a windfall of excess cash this year.�
- [By Logan Wallace]
Marathon Oil (NYSE:MRO) gapped down before the market opened on Thursday . The stock had previously closed at $22.09, but opened at $21.63. Marathon Oil shares last traded at $21.47, with a volume of 12430818 shares traded.
- [By Stephan Byrd]
Melrose Industries (LON:MRO) had its price target upped by Numis Securities from GBX 250 ($3.39) to GBX 280 ($3.80) in a research report report published on Monday morning. They currently have a buy rating on the stock.
Top 10 Oil Stocks To Watch For 2019: Halliburton Company(HAL)
Advisors' Opinion:- [By Joseph Griffin]
Mckinley Capital Management LLC Delaware grew its position in shares of Halliburton (NYSE:HAL) by 68.3% during the 1st quarter, according to the company in its most recent disclosure with the SEC. The fund owned 6,626 shares of the oilfield services company’s stock after purchasing an additional 2,689 shares during the quarter. Mckinley Capital Management LLC Delaware’s holdings in Halliburton were worth $311,000 as of its most recent filing with the SEC.
- [By ]
Energy sector earnings season starts rolling later this week, and as always, the party will kick off with the so-called big three oilfield services providers: Schlumberger Ltd. (SLB) , General Electric Co.'s (GE) Baker Hughes (BHGE) , and Halliburton Co. (HAL) .
- [By Logan Wallace]
Ladenburg Thalmann Financial Services Inc. decreased its position in shares of Halliburton (NYSE:HAL) by 2.9% during the first quarter, HoldingsChannel reports. The firm owned 43,482 shares of the oilfield services company’s stock after selling 1,312 shares during the period. Ladenburg Thalmann Financial Services Inc.’s holdings in Halliburton were worth $2,035,000 at the end of the most recent reporting period.
- [By Stephan Byrd]
SemGroup (NYSE: SEMG) and Halliburton (NYSE:HAL) are both oils/energy companies, but which is the superior investment? We will compare the two businesses based on the strength of their dividends, analyst recommendations, earnings, institutional ownership, valuation, profitability and risk.
Top 10 Oil Stocks To Watch For 2019: Transocean Inc.(RIG)
Advisors' Opinion:- [By Joseph Griffin]
Get a free copy of the Zacks research report on Transocean (RIG)
For more information about research offerings from Zacks Investment Research, visit Zacks.com
- [By Jason Hall]
On June 27, shares of Seadrill Ltd�(NYSE:SDRL),�Diamond Offshore Drilling Inc (NYSE:DO), and�Ensco PLC�(NYSE:ESV) traded up more than 10% at various points. And while they've cooled off a bit -- up 9.9%, 10.3%, and 8.9%, respectively, at recent prices -- they continue to march toward today's close with big gains. And while not quite as much as the three aforementioned companies, shares of�Transocean LTD (NYSE:RIG)�and Noble Corporation PLC�(NYSE:NE) are showing big days as well, up 6.4% and 7.2% in late-afternoon trading.�
- [By Ethan Ryder]
Quantitative Systematic Strategies LLC bought a new stake in Transocean LTD (NYSE:RIG) during the 1st quarter, HoldingsChannel reports. The institutional investor bought 13,609 shares of the offshore drilling services provider’s stock, valued at approximately $135,000.
- [By John Bromels]
Unless it's not. Which it may not be. There's a big cloud of uncertainty hanging over the company, in part thanks to its status as a very small fish in a very big deepwater ocean that's full of huge, hungry competitors like�Transocean�(NYSE:RIG) and�Ensco�(NYSE:ESV). Questions also abound about its parent company,�Seadrill�(NYSE:SDRL).
Top 10 Oil Stocks To Watch For 2019: Williams Partners L.P.(WPZ)
Advisors' Opinion:- [By Matthew DiLallo]
Natural gas pipeline giant Williams Companies (NYSE:WMB) announced today that it agreed to acquire the rest of its master limited partnership (MLP) Williams Partners (NYSE:WPZ) that it didn't already own in a $10.5 billion deal. Not to be outdone, Canadian energy infrastructure giant Enbridge (NYSE:ENB) made an offer to acquire its namesake MLP Enbridge Energy Partners (NYSE:EEP), along with the rest of its publicly traded entities, including Spectra Energy Partners (NYSE:SEP). These transactions have big implications not only for investors in these entities but for those who own other pipeline companies, too.
- [By Lisa Levin]
Analysts at Stifel Nicolaus downgraded Williams Partners L.P. (NYSE: WPZ) from Buy to Hold..
Williams Partners shares fell 0.63 percent to close at $41.23 on Friday.
- [By Logan Wallace]
Williams Partners (NYSE: WPZ) and Targa Resources (NYSE:TRGP) are both large-cap oils/energy companies, but which is the better stock? We will compare the two companies based on the strength of their risk, dividends, institutional ownership, earnings, analyst recommendations, profitability and valuation.
- [By Max Byerly]
Get a free copy of the Zacks research report on Williams Pipeline Partners (WPZ)
For more information about research offerings from Zacks Investment Research, visit Zacks.com
- [By Shane Hupp]
SG Americas Securities LLC lowered its holdings in Williams Pipeline Partners LP (NYSE:WPZ) by 27.7% in the 1st quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 37,682 shares of the pipeline company’s stock after selling 14,458 shares during the quarter. SG Americas Securities LLC’s holdings in Williams Pipeline Partners were worth $1,297,000 at the end of the most recent reporting period.
- [By Matthew DiLallo]
Williams Companies is in the midst of a major transition. It recently agreed to acquire the rest of its MLP, Williams Partners (NYSE:WPZ), in a $10.4 billion deal. The pipeline giant is making this acquisition so that it can more easily finance the expansion projects Williams Partners has under development. The transaction would allow it to free up some cash flow and improve its credit metrics, giving it more financial flexibility.
Top 10 Oil Stocks To Watch For 2019: Magellan Midstream Partners L.P.(MMP)
Advisors' Opinion:- [By Danny Vena, Timothy Green, and Reuben Gregg Brewer]
With that in mind, we asked three Motley Fool investors to choose companies they believed would help baby boomers reach their goals. They offered convincing arguments for Magellan Midstream Partners, L.P. (NYSE:MMP), General Motors Company (NYSE:GM), and Amazon.com, Inc. (NASDAQ:AMZN).
- [By Shane Hupp]
Oppenheimer Asset Management Inc. lifted its holdings in shares of Magellan Midstream Partners, L.P. (NYSE:MMP) by 35.9% in the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 23,614 shares of the pipeline company’s stock after acquiring an additional 6,235 shares during the quarter. Oppenheimer Asset Management Inc.’s holdings in Magellan Midstream Partners were worth $1,378,000 as of its most recent filing with the Securities & Exchange Commission.
- [By Max Byerly]
Magellan Midstream Partners (NYSE: MMP) and Noble Midstream Partners (NYSE:NBLX) are both oils/energy companies, but which is the better investment? We will contrast the two companies based on the strength of their risk, dividends, profitability, valuation, institutional ownership, analyst recommendations and earnings.
- [By Tyler Crowe]
Oil and gas investors have been through the wringer over the past few years. Even the most stable investments in this industry -- pipelines, processing, and logistics -- haven't been spared. Case in point: Shares of Magellan Midstream Partners (NYSE:MMP) have declined 18% over the past three years despite the company posting consistent revenue and cash flow growth. To top it off, there has been a slew of regulatory and tax changes in recent months that will have a significant impact on this particular industry.
- [By ]
Cramer and the AAP team are looking for opportunities to trim stocks into strength based out of discipline. That means trimming Magellan Midstream Partners (MMP) . Find out what they're telling their investment club members and get in on the conversation with a free trial subscription to Action Alerts PLUS.
Top 10 Oil Stocks To Watch For 2019: Range Resources Corporation(RRC)
Advisors' Opinion:- [By Shane Hupp]
Toronto Dominion Bank increased its holdings in Range Resources Corp. (NYSE:RRC) by 25.2% in the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 123,421 shares of the oil and gas exploration company’s stock after purchasing an additional 24,839 shares during the period. Toronto Dominion Bank’s holdings in Range Resources were worth $1,794,000 as of its most recent SEC filing.
- [By Joseph Griffin]
Range Resources Corp. (NYSE:RRC) – Equities research analysts at Seaport Global Securities raised their Q4 2018 earnings per share (EPS) estimates for shares of Range Resources in a note issued to investors on Wednesday, May 23rd. Seaport Global Securities analyst M. Kelly now anticipates that the oil and gas exploration company will post earnings per share of $0.12 for the quarter, up from their previous forecast of $0.11. Seaport Global Securities has a “Neutral” rating on the stock. Seaport Global Securities also issued estimates for Range Resources’ Q1 2019 earnings at $0.36 EPS, Q3 2019 earnings at $0.18 EPS, Q4 2019 earnings at $0.26 EPS and FY2019 earnings at $0.98 EPS.
- [By Paul Ausick]
Range Resources Corp. (NYSE: RRC) fell about 4.4% Tuesday to post a new 52-week low of $14.43 after closing at $15.09 on Monday. The 52-week high is $34.93. Volume of about 15 million was nearly double the daily average of around 7.7 million shares traded. The company had no specific news.
Top 10 Oil Stocks To Watch For 2019: Whiting Petroleum Corporation(WLL)
Advisors' Opinion:- [By Stephan Byrd]
Get a free copy of the Zacks research report on Whiting Petroleum (WLL)
For more information about research offerings from Zacks Investment Research, visit Zacks.com
- [By Max Byerly]
Foundry Partners LLC acquired a new stake in Whiting Petroleum Corp (NYSE:WLL) in the 1st quarter, according to the company in its most recent disclosure with the SEC. The fund acquired 108,476 shares of the oil and gas exploration company’s stock, valued at approximately $3,671,000. Foundry Partners LLC owned about 0.12% of Whiting Petroleum at the end of the most recent quarter.
- [By Logan Wallace]
Whiting Petroleum Corp (NYSE:WLL) – Seaport Global Securities increased their Q1 2019 earnings per share (EPS) estimates for shares of Whiting Petroleum in a report issued on Wednesday, May 23rd. Seaport Global Securities analyst M. Kelly now expects that the oil and gas exploration company will post earnings of $0.98 per share for the quarter, up from their previous estimate of $0.55. Seaport Global Securities has a “Buy” rating and a $40.00 price target on the stock. Seaport Global Securities also issued estimates for Whiting Petroleum’s Q2 2019 earnings at $0.87 EPS, Q3 2019 earnings at $0.85 EPS, Q4 2019 earnings at $0.89 EPS and FY2019 earnings at $3.58 EPS.
- [By Matthew DiLallo]
Whiting Petroleum (NYSE:WLL) bounded upward more than 55% for the quarter, fueled by rising crude prices and its strong first-quarter results. After struggling to scrape by on lower oil prices, Whiting's cash flow has surged this year, providing it enough money to fund its drilling program with more than $100 million to spare during the first quarter.
- [By Joseph Griffin]
Whiting Petroleum Co. (NYSE:WLL) – Equities research analysts at Piper Jaffray Companies lifted their Q2 2018 earnings estimates for Whiting Petroleum in a research note issued on Sunday, May 20th. Piper Jaffray Companies analyst K. Harrison now forecasts that the oil and gas exploration company will earn $0.85 per share for the quarter, up from their previous forecast of $0.33. Piper Jaffray Companies currently has a “Hold” rating and a $46.00 target price on the stock. Piper Jaffray Companies also issued estimates for Whiting Petroleum’s Q3 2018 earnings at $0.97 EPS, Q4 2018 earnings at $1.16 EPS, FY2018 earnings at $3.90 EPS, Q1 2019 earnings at $1.70 EPS, Q2 2019 earnings at $1.48 EPS, Q3 2019 earnings at $1.47 EPS, Q4 2019 earnings at $1.59 EPS and FY2019 earnings at $6.24 EPS.
Top 10 Oil Stocks To Watch For 2019: ConocoPhillips(COP)
Advisors' Opinion:- [By Matthew DiLallo]
ConocoPhillips (NYSE:COP) is one of these leaders. The U.S. oil giant announced a multi-billion-dollar buyback in late 2016, which has helped catapult its stock 55% higher since then, vastly outperforming the nearly 23% gain from the iShares U.S. Oil & Gas Exploration & Production ETF (NYSEMKT:IEO), which holds more than 60 U.S.-focused oil and gas stocks. Anadarko Petroleum (NYSE:APC), meanwhile, has rallied almost 60% since unveiling a multi-billion-dollar buyback last fall, doubling the return of the iShares E&P ETF.
- [By Reuben Gregg Brewer]
Investors in search of dividend income will quickly notice that ExxonMobil Corporation's (NYSE:XOM) 3.9% yield dwarfs the 1.8% dividend yield offered by ConocoPhillips (NYSE:COP). That, however, isn't the biggest reason dividend investors should prefer Exxon stock. Here's what you need to know to understand why Exxon is a better dividend stock than ConocoPhillips.�
- [By Matthew DiLallo]
With the mixed signals coming out of OPEC, oil prices could be quite volatile until the organization makes it clear what it intends to do. That could have an effect on financially weaker oil companies that desperately need higher oil prices to provide them with extra cash to firm up their financial foundations. Stronger producers, on the other hand, should continue to do well no matter what OPEC decides since they built their businesses to thrive at much lower oil prices. Three that stand out are ConocoPhillips (NYSE:COP), Anadarko Petroleum (NYSE:APC), and EOG Resources (NYSE:EOG).
- [By Chris Lange]
The number of ConocoPhillips (NYSE: COP) shares short rose slightly to 21.33 million from the previous level of 21.01 million. Shares were trading at $64.79, within a 52-week range of $42.27 to $71.71.
- [By Max Byerly]
Traders purchased shares of ConocoPhillips (NYSE:COP) on weakness during trading on Friday. $447.22 million flowed into the stock on the tick-up and $180.32 million flowed out of the stock on the tick-down, for a money net flow of $266.90 million into the stock. Of all stocks tracked, ConocoPhillips had the 11th highest net in-flow for the day. ConocoPhillips traded down ($2.77) for the day and closed at $65.36
Top 10 Oil Stocks To Watch For 2019: Apache Corporation(APA)
Advisors' Opinion:- [By Chris Lange]
The stock posting the largest daily percentage gain in the S&P 500 ahead of the close was Apache Corp. (NYSE: APA) which rose over 5% to $41.75. The stock��s 52-week range is $33.60 to $51.21. Volume was 4.8 million compared to the daily average volume of 4.4 million.
- [By Logan Wallace]
Teacher Retirement System of Texas decreased its stake in Apache Co. (NYSE:APA) by 17.4% in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 84,391 shares of the energy company’s stock after selling 17,824 shares during the period. Teacher Retirement System of Texas’ holdings in Apache were worth $3,247,000 as of its most recent SEC filing.
- [By VantagePoint]
Apache Corporation (NYSE: APA) has been ripping since March 2nd, when it hit a two-year low of $33.60. Since then it's up 25 percent.
The three-month chart below shows that this trend is likely to continue. The blue line is generated via VantagePoint's intermarket analysis, and represents a prediction of what APA's moving average will be in three days. The black line is a simple 10-day moving average. Note the bullish crossover that occurred in early March. That was a signal that the stock was entering an uptrend.
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