(Bloomberg) — President Joe Biden told US oil refiners that unprecedented profit margins are unacceptable and called for “immediate action” to improve capacity as the soaring price of gasoline feeds record inflation and fears of a recession. “At a time of war, refinery profit margins well above normal being passed directly onto American families are […]
Read MoreBuy Price: $64.75 or better Sell Price: TradersPro Sell Signal Whiting Petroleum Corporation, an independent oil and gas company, engages in the acquisition, development, and production of crude oil, natural gas, and natural gas liquids primarily in the Rocky Mountains region of the United States. The stocks founds in the One Hot Stock category use stocks that […]
Read MoreEvolution Petroleum Corporation, an oil and natural gas company, engages in the development, production, ownership, and management of oil and gas properties in the United States. EPM $7.5500 0.3700 % 5.1500 Evolution Petroleum Corp Sector : Oils-Energy Industry : Signal Short Term Trend Long Term Trend BUY UP UP Day: 5.15% Wk: -1.82% Mo: 19.84% […]
Read MoreSandRidge Energy, Inc. (SD) SandRidge Energy, Inc. engages in the acquisition, development, and production of oil and natural gas primarily in the United States Mid-Continent. As of December 31, 2021, it had an interest in 817.0 net producing wells. Rattler Midstream LP (RTLR) Rattler Midstream LP owns, operates, develops, and acquires midstream and energy-related infrastructure […]
Read MoreSanderson Farms, Inc. (SAFM) Sanderson Farms, Inc., an integrated poultry processing company, produces, processes, markets, and distributes fresh, frozen, and prepared chicken products in the United States. The company sells ice-packed, chill-packed, bulk-packed, and frozen chicken primarily under the Sanderson Farms brand name to retailers. RCM Technologies, Inc. (RCMT) RCM Technologies, Inc. provides business and […]
Read MoreBuy Price: $52.65 or better Sell Price: TradersPro Sell Signal SM Energy Company, an independent energy company, engages in the acquisition, exploration, development, and production of oil, natural gas, and natural gas liquids in the state of Texas. As of February 24, 2022, it had 492.0 million barrels of oil equivalent of estimated proved reserves. […]
Read MoreWestern Midstream Partners, LP, a midstream energy company, together with its subsidiaries, acquires, owns, develops, and operates primarily in the United States. It is involved in gathering, compressing, treating, processing, and transporting natural gas. WES $28.4600 -0.1000 % -0.3500 Western Midstream Partners LP Sector : Oils-Energy Industry : Signal Short Term Trend Long Term Trend […]
Read More(Bloomberg) — Exxon Mobil Corp. shares rose to the highest intraday level ever Wednesday and are on track to close at a record, stoked by an almost 60% surge in crude prices that’s lifting oil supermajors and complicating efforts to fight global inflation. North America’s largest oil company traded as high as $105 in New […]
Read More(Bloomberg) — Oil prices are likely to extend gains as global crude stockpiles need to be rebuilt in the face of rebounding Chinese demand and reduced production from Russia, according to Goldman Sachs Group Inc. Brent crude will need to average $135 a barrel in the 12 months from July, up $10 from the bank’s […]
Read More(Bloomberg) — Developing nations are suffering the biggest hit from this year’s oil shock. Many are dependent on imported fuel and are being crushed by a combination of high international prices, weak currencies and competition from rich nations whose economies are rebounding from the pandemic. Higher fuel bills are exacerbating inflation in countries that are […]
Read MoreRing Energy, Inc. (REI) Ring Energy, Inc., an exploration and production company, engages in the acquisition, exploration, development, and production of oil and natural gas in Texas and New Mexico. As of December 31, 2021, the company’s proved reserves consisted of approximately 77.8 million barrel of oil equivalent. Pioneer Natural Resources Company (PXD) Pioneer Natural […]
Read More(Bloomberg) — Oil fluctuated after top exporter Saudi Arabia signaled confidence in demand with a bigger-than-expected price increase of its crude for Asia. West Texas Intermediate switched between gains and losses after earlier topping $120 a barrel to trade near a three-month high. Saudi Arabia boosted its official selling prices for Asian customers in July […]
Read MoreRing Energy, Inc., an exploration and production company, engages in the acquisition, exploration, development, and production of oil and natural gas in Texas and New Mexico. REI $4.6900 0.1100 % 2.4000 Ring Energy Inc Sector : Oils-Energy Industry : Signal Short Term Trend Long Term Trend BUY UP UP Day: 2.4% Wk: 10.09% Mo: -5.25% […]
Read More(Bloomberg) — OPEC+ will increase the size of its oil-supply hikes by about 50%, bowing to months of pressure from major consumers including the US to help ease the pain of high energy prices. Ministers agreed on Thursday that the group should add 648,000 barrels a day of oil to the market in July and […]
Read More