Top Ranked Value Stocks to Buy for July 6th
The new gas discovery strengthens Eni's (E) upstream portfolio.
Top Ranked Value Stocks to Buy for July 1st
Though most of the stocks in the fund's portfolio delivered strong returns, some stocks more than doubled in the second quarter.
With oil prices continue to trade in the bearish territory, there has been little incentives by the explorers to hire oilfield service firms like Baker Hughes (BKR) for upstream activities.
Generate income at relatively low risk with these three stocks.
Valero Energy (VLO) is well poised to benefit from mounting demand for distillate fuels since the current standard has set a target for the marine sector to slash sulphur emissions drastically.
The energy sector enjoyed a huge surge. We have highlighted five ETFs & stocks that gained the most in the second quarter and should continue to head higher with the rise in oil price.
BP says that 99% of Ghazeer field???s installation work has been completed and the project???s production capacity is estimated at 500 million cubic feet.
If the crude price recovery sustains, since more people are getting back to work on easing lockdown measures, many explorers will consider adding rigs in oil plays.
The Zacks Analyst Blog Highlights: QEP Resources, Marathon Oil, Occidental Petroleum and Continental Resources
Lockdown measures are being eased and people are gradually returning to work, boosting fuel demand.
ConocoPhillips (COP) is likely to weather the unfavorable upstream business environment with balance sheet strength.
Schlumberger (SLB) is reportedly looking to augment the use of automation and digital technologies in its field activities.
BP plc (BP) will take a $17.5 billion write-down in its second-quarter results, while ConocoPhillips (COP) said that it will restore its oil production on improving fundamentals.
BP expects the prevalent pandemic crisis to continue to affect global energy demand.
As of late, it has definitely been a great time to be an investor in QEP Resources, Inc. (QEP).
Explorers and producers may again start adding rigs in shale plays if oil sustains recovery.
Investors need to pay close attention to QEP Resources (QEP) stock based on the movements in the options market lately.
QEP Resources' (QEP) amendment pact will lower aggregate commitments to $850 million from the previously-announced $1.25 billion.