The energy sector is hot right now, and these 3 stocks could be heading much higher.
Read MoreTransGlobe Energy Corporation, together with its subsidiaries, engages in the exploration, development, and production of crude oil and natural gas in Egypt and Canada. The company holds an interest in five production sharing concessions, including West Gharib, West Bakr, South Alamein, NW Gharib, and South Ghazalat, Egypt; and owns production and working interests in facilities […]
Read MoreWest Texas Intermediate (WTI) – the benchmark for oil prices in the United States – has enjoyed an incredible rally lately, and those gains continued Friday as prices closed at their highest level since early November. At Friday’s $63.25 close, WTI prices are now up more than 11% in just the last month. Oil is […]
Read MoreIf you spend a couple of minutes talking to anybody that has invested in the stock market for very long, you’ll almost inevitably hear them throw out a few of their favorite idioms. That’s because while sometimes they seem simplistic, obvious, or perhaps even a little silly, the truth is that many of them are […]
Read MoreA little over a month ago, I wrote about the value proposition for Valero Energy Corp. (VLO). The stock is only a bit above its price at that time, but with a new set of quarterly earnings information, it has a somewhat different fundamental profile. A month or so isn’t a lot of time, but […]
Read MoreAs the broad stock market has rallied this year, so also has the price of oil. West Texas Intermediate crude, the benchmark for U.S.-produced oil, has rallied from around $42 per barrel to its current price a little below $60. Even with that increase, however, crude remains more than 21% below its September 2018 highs, […]
Read MoreOne of the biggest drivers of the global economy is energy. That shouldn’t really come as too big a surprise, since energy products – natural gas, electricity, and oil – are a part of virtually every aspect of every sector. Oil in particular is a commodity that has a ripple effect throughout such a diverse […]
Read MoreOil prices have been on a tear this year following a particularly awful performance last quarter. The price of West Texas Intermediate (WTI) – the most widely used pricing benchmark in the U.S. – tumbled more than 38% during the October-December period. WTI has since rebounded nearly 24% this year to $56.14 as of March […]
Read MoreGulfport Energy Corporation engages in the acquisition, exploration, exploitation, and production of natural gas, crude oil, and natural gas liquids (NGLs) in the United States. Its principal properties are located in the Utica Shale primarily in Eastern Ohio; and the SCOOP Woodford and SCOOP Springer plays in Oklahoma. Annual EPS Growth – Companies with annual earnings […]
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