Top 10 Oil Stocks To Watch For 2019

September 30, 2016: Markets opened higher again Friday after Deutsche Bank CEO John Cryan assured employees that the bank’s capital position was better and more liquid than it had been in 2007. Eight of 11 sectors traded in the green Friday, led by financials and energy. After recovering from sharp drop in the early hours, WTI crude oil for November delivery settled at $48.24 a barrel, up 0.9% for the day. WTI futures gained 7.9% for the month of September, but lost 0.2% for the third quarter. December gold closed down 0.7% on the day to settle at $1,317.10. The yellow metal finished the month up about 0.4% but lost nearly 0.3% over the course of the third quarter. Equities were headed for a higher close shortly before the bell as the DJIA traded up by 1.14% for the day, the S&P 500 traded up 1.04%, and the Nasdaq Composite traded up 0.99%.

The DJIA stock posting the largest daily percentage gain ahead of the close Friday was Wal-Mart Stores Inc. (NYSE: WMT) which traded up 2.22% at $72.30. The stock’s 52-week range is $56.30 to $75.19. Volume was about 20% below the daily average of around 8.2 million shares. The company was raised to Overweight at KeyBanc Capital Markets this morning.

Top 10 Oil Stocks To Watch For 2019: Apache Corporation(APA)

Advisors’ Opinion:

  • [By Lee Jackson]

    Apache Corporation (NYSE: APA) is raised to Buy from Hold at Argus with a $56 price target. That competes with the Wall Street consensus target of $46.19. The 52-week trading range for the company is $33.60 to $51.21. The stock closed Friday at $42.24.

  • [By John Bromels]

    When most people think about oil and gas drillers, they think about integrated majors like ExxonMobil (NYSE:XOM) or maybe a producer whose name they’ve seen on a gas station, like Hess (NYSE:HES). One most don’t think about is Apache Corporation (NYSE:APA). 

  • [By Matthew DiLallo]

    Kinder Morgan is already building a multibillion-dollar gas pipeline out of the Permian Basin after starting work on the Gulf Coast Express (GCX) in the first quarter. The company is developing that $1.75 billion pipeline in a partnership with Targa Resources and DCP Midstream. GCX will transport up to 1.98 Bcf/d of natural gas from shippers such as Apache (NYSE:APA), which not only signed a transportation agreement, but holds an option to buy a 15% stake in the pipeline from Kinder Morgan.

Top 10 Oil Stocks To Watch For 2019: Halliburton Company(HAL)

Advisors’ Opinion:

  • [By Stephan Byrd]

    Halcyon (HAL) is a PoW/PoS coin that uses the
    X15 hashing algorithm. Its genesis date was July 16th, 2014. Halcyon’s total supply is 6,668,787 coins. Halcyon’s official website is halcyon.top. Halcyon’s official Twitter account is @halcyondev.

  • [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.

  • [By Logan Wallace]

    Halcyon (CURRENCY:HAL) traded up 0.4% against the U.S. dollar during the one day period ending at 13:00 PM E.T. on September 9th. Over the last seven days, Halcyon has traded 40.7% lower against the U.S. dollar. Halcyon has a market capitalization of $171,200.00 and $23.00 worth of Halcyon was traded on exchanges in the last day. One Halcyon coin can currently be bought for approximately $0.0272 or 0.00000426 BTC on cryptocurrency exchanges.

  • [By Jason Hall, Tyler Crowe, and Matthew DiLallo]

    Not only are these pipeline issues impacting producers, but they’re also starting to pinch the profits of oil-field service companies. Halliburton (NYSE:HAL), for example, recently said that while “we thought there would be a downturn in activity [in the Permian] due to budget constraints and takeaway issues… it’s more than we expected.” Because of those issues and some others, Halliburton’s third-quarter results will come in $0.08 to $0.10 per share below expectations. Meanwhile, its outlook for 2019 is dimming due to the slowdown. 

  • [By Ethan Ryder]

    Get a free copy of the Zacks research report on Halliburton (HAL)

    For more information about research offerings from Zacks Investment Research, visit Zacks.com

  • [By Todd Shriber, ETF Professor]

    IEZ is also a top-heavy fund. Just two stocks — Schlumberger NV (NYSE: SLB) and Halliburton Inc. (NYSE: HAL) — combine for almost 26 percent of the fund's weight. Underscoring the correlation to oil prices, IEZ has a three-year standard deviation of 30 percent, indicating this ETF is far more volatile than standard diversified energy funds.

Top 10 Oil Stocks To Watch For 2019: ConocoPhillips(COP)

Advisors’ Opinion:

  • [By Max Byerly]

    Intersect Capital LLC lowered its stake in ConocoPhillips (NYSE:COP) by 13.1% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 8,221 shares of the energy producer’s stock after selling 1,237 shares during the period. Intersect Capital LLC’s holdings in ConocoPhillips were worth $572,000 at the end of the most recent quarter.

  • [By Lee Jackson]

    ConocoPhillips (NYSE: COP) was started with an Outperform rating at BMO Capital Markets with a $74 price target. The Wall Street consensus target for the oil giant is set at $74.35. The shares ended trading Friday at $69.43.

  • [By Shane Hupp]

    Caisse DE Depot ET Placement DU Quebec raised its position in ConocoPhillips (NYSE:COP) by 285.9% in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 652,900 shares of the energy producer’s stock after purchasing an additional 483,700 shares during the quarter. Caisse DE Depot ET Placement DU Quebec owned 0.06% of ConocoPhillips worth $38,710,000 as of its most recent SEC filing.

  • [By Matthew DiLallo]

    ConocoPhillips (NYSE:COP) is starting to become an income growth machine once again. While the U.S. oil giant has a blemished dividend history after slashing its payout by two-thirds in 2016 — wiping out more than a decade of growth — the company restarted its dividend growth engine last year. It has now boosted its payout three times in less than two years and appears as if it has plenty of fuel to continue expanding the payout, making it an appealing dividend growth stock for investors to consider.

  • [By Logan Wallace]

    Get a free copy of the Zacks research report on ConocoPhillips (COP)

    For more information about research offerings from Zacks Investment Research, visit Zacks.com

Top 10 Oil Stocks To Watch For 2019: Marathon Oil Corporation(MRO)

Advisors’ Opinion:

  • [By Stephan Byrd]

    Get a free copy of the Zacks research report on Marathon Oil (MRO)

    For more information about research offerings from Zacks Investment Research, visit Zacks.com

  • [By Dan Caplinger]

    Thursday was a volatile day on Wall Street, as major stock indexes lost a lot of ground early in the day but then rebounded to finished mixed. Gains for the Nasdaq Composite came even as Dow Jones Industrial Average fell modestly, and although investors spent much of the session trying to parse through the implications of the latest economic report on retail sales, earnings played a key role in moving many well-known stocks. Marathon Oil (NYSE:MRO), AstraZeneca (NYSE:AZN), and Bloomin’ Brands (NASDAQ:BLMN) were among the top performers. Here’s why they did so well.

  • [By Matthew DiLallo]

    Marathon Oil (NYSE:MRO), likewise, said it would stick with its $2.3 billion drilling budget, which is enough money to grow oil and gas production in the U.S. by 25% to 30% versus last year. Because of that capital discipline, Marathon is on pace to produce more than $500 million in excess cash this year, and that’s assuming crude averages $60 a barrel.

  • [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.

  • [By Max Byerly]

    Get a free copy of the Zacks research report on Marathon Oil (MRO)

    For more information about research offerings from Zacks Investment Research, visit Zacks.com

  • [By Matthew DiLallo]

    Marathon Oil (NYSE:MRO) put the wraps on a strong year by delivering solid fourth-quarter results, which came in slightly ahead of expectations. With that, the company exceeded its initial growth projection for the year while sticking to its budget, and was thus able to generate and return lots of cash to shareholders. The company expects more of the same in 2019 as its drilling machine aims to continue printing money.

Top 10 Oil Stocks To Watch For 2019: Whiting Petroleum Corporation(WLL)

Advisors’ Opinion:

  • [By Jon C. Ogg]

    Whiting Petroleum Corp. (NYSE: WLL) was raised to Overweight from Equal Weight with a $71 target price (versus a $50.48 close) at Morgan Stanley.

    Tuesday’s top analyst upgrades and downgrades included DocuSign, Embraer, Goodyear, Macy’s, Micron Technologies, Raytheon, Smartsheet and more.

  • [By Logan Wallace]

    Whiting Petroleum Corp (NYSE:WLL) – Stock analysts at Jefferies Financial Group increased their Q2 2019 earnings estimates for Whiting Petroleum in a research note issued on Wednesday, February 13th. Jefferies Financial Group analyst M. Lear now forecasts that the oil and gas exploration company will earn $0.30 per share for the quarter, up from their previous estimate of $0.28. Jefferies Financial Group also issued estimates for Whiting Petroleum’s Q3 2019 earnings at $0.22 EPS.

  • [By Logan Wallace]

    Whiting Petroleum Corp (NYSE:WLL)’s share price gapped down before the market opened on Tuesday . The stock had previously closed at $46.75, but opened at $48.93. Whiting Petroleum shares last traded at $50.12, with a volume of 80658 shares trading hands.

  • [By Max Byerly]

    Sheaff Brock Investment Advisors LLC purchased a new position in Whiting Petroleum Co. (NYSE:WLL) in the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm purchased 14,439 shares of the oil and gas exploration company’s stock, valued at approximately $489,000.

Top 10 Oil Stocks To Watch For 2019: Encana Corporation(ECA)

Advisors’ Opinion:

  • [By Stephan Byrd]

    Sentinel Trust Co. LBA lessened its stake in shares of Encana Corp (NYSE:ECA) (TSE:ECA) by 37.4% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 328,255 shares of the oil and gas company’s stock after selling 195,760 shares during the quarter. Encana accounts for about 1.0% of Sentinel Trust Co. LBA’s investment portfolio, making the stock its 26th largest position. Sentinel Trust Co. LBA’s holdings in Encana were worth $4,283,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

  • [By Stephan Byrd]

    COPYRIGHT VIOLATION NOTICE: “FDx Advisors Inc. Takes Position in Encana Corp (ECA)” was first posted by Ticker Report and is owned by of Ticker Report. If you are viewing this article on another website, it was copied illegally and reposted in violation of United States and international copyright laws. The correct version of this article can be accessed at www.tickerreport.com/banking-finance/4202858/fdx-advisors-inc-takes-position-in-encana-corp-eca.html.

  • [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.

Top 10 Oil Stocks To Watch For 2019: Magellan Midstream Partners L.P.(MMP)

Advisors’ Opinion:

  • [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 Matthew DiLallo]

    The best dividend growth stocks are those that give their investors a raise year in and year out. However, some companies aim even higher by providing their investors with increases every quarter. Two of these dividend dynamos are Magellan Midstream Partners (NYSE:MMP) and MPLX (NYSE:MPLX), which both should have plenty of fuel to continue increasing their payouts each quarter for at least the next few years. 

  • [By ]

    Crude prices recovered sharply from the profit-taking that we saw ahead of yesterday’s news events, and it is in the Saudis’ best interest to maintain higher market prices as long as the Saudi Aramco deal remains in the future. That said, the U.S. dollar continues to strengthen versus the greenback’s peers, and that could act as a weight upon all commodity prices if that condition were to persist.

    Trade Idea: Magellan Midstream Partners (MMP)

    You’ve heard all about the bottlenecks in domestic distribution. Now, you’ve heard Secretary Mnuchin talk about production. Still, we have to get this stuff to market. When it comes to energy, I have focused on oil services, hence my well-known long positions in both Action Alerts PLUS holding Schlumberger (SLB) , and Halliburton (HAL) .

  • [By Joseph Griffin]

    TRADEMARK VIOLATION NOTICE: “Magellan Midstream Partners, L.P. (MMP) Shares Sold by Tdam USA Inc.” was first reported by Ticker Report and is the sole property of of Ticker Report. If you are accessing this news story on another site, it was illegally stolen and reposted in violation of US and international trademark and copyright laws. The original version of this news story can be viewed at www.tickerreport.com/banking-finance/4134187/magellan-midstream-partners-l-p-mmp-shares-sold-by-tdam-usa-inc.html.

Top 10 Oil Stocks To Watch For 2019: Transocean Inc.(RIG)

Advisors’ Opinion:

  • [By Stephan Byrd]

    Transocean (NYSE:RIG) was upgraded by analysts at Royal Bank of Canada from a “sector perform” rating to an “outperform” rating in a research note issued to investors on Thursday, Marketbeat reports.

  • [By Matthew DiLallo]

    Shares of RigNet are up more than 18% since the announcement. However, the company’s stock price had been in rally mode well before that news, rocketing 75% since the end of July. While some notable improvements in its second-quarter results likely helped ignite this rally, the company is also benefiting from the belief that the long-awaited offshore drilling recovery is beginning to unfold. The most recent comments supporting that view came from Transocean’s (NYSE:RIG) CEO Jeremy Thigpen. He stated last week that he expects lease rates on rigs to improve, and that contracting activity should pick up in late 2019. Based on that outlook, he said that “we are far more bullish than we have been historically,” which is one reason Transocean recently made another major acquisition.

  • [By Max Byerly]

    Shares of Transocean LTD (NYSE:RIG) gapped down prior to trading on Thursday . The stock had previously closed at $13.41, but opened at $13.13. Transocean shares last traded at $12.81, with a volume of 16922465 shares trading hands.

  • [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 Motley Fool Transcribers]

    Transocean Ltd  (NYSE:RIG)Q4 2018 Earnings Conference CallFeb. 19, 2019, 9:00 a.m. ET

    Contents:
    Prepared Remarks Questions and Answers Call Participants
    Prepared Remarks:

    Operator

Top 10 Oil Stocks To Watch For 2019: Range Resources Corporation(RRC)

Advisors’ Opinion:

  • [By Tyler Crowe, Matthew DiLallo, and Reuben Gregg Brewer]

    So we asked three of our investing contributors to each highlight a company they think has a compelling investment case right now in the oil and gas industry. Here’s why they selected Devon Energy (NYSE:DVN), Range Resources (NYSE:RRC), and ExxonMobil (NYSE:XOM).

  • [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 Stephan Byrd]

    Range Resources Corp. (NYSE:RRC) – Equities research analysts at Piper Jaffray Companies issued their Q3 2018 earnings per share estimates for shares of Range Resources in a report issued on Sunday, October 7th. Piper Jaffray Companies analyst K. Harrison expects that the oil and gas exploration company will post earnings of $0.17 per share for the quarter. Piper Jaffray Companies currently has a “Buy” rating and a $27.00 target price on the stock. Piper Jaffray Companies also issued estimates for Range Resources’ Q4 2018 earnings at $0.16 EPS, FY2018 earnings at $0.88 EPS, Q1 2019 earnings at $0.38 EPS, Q2 2019 earnings at $0.33 EPS, Q4 2019 earnings at $0.47 EPS, FY2019 earnings at $1.58 EPS, Q1 2020 earnings at $0.63 EPS, Q2 2020 earnings at $0.42 EPS, Q3 2020 earnings at $0.45 EPS and FY2020 earnings at $2.02 EPS.

Top 10 Oil Stocks To Watch For 2019: Williams Partners L.P.(WPZ)

Advisors’ Opinion:

  • [By Shane Hupp]

    Williams Pipeline Partners LP (NYSE:WPZ) – US Capital Advisors decreased their Q3 2018 earnings per share (EPS) estimates for shares of Williams Pipeline Partners in a research note issued to investors on Monday, May 14th. US Capital Advisors analyst B. Followill now forecasts that the pipeline company will post earnings per share of $0.39 for the quarter, down from their previous forecast of $0.41. US Capital Advisors also issued estimates for Williams Pipeline Partners’ Q4 2018 earnings at $0.45 EPS and FY2019 earnings at $1.87 EPS.

  • [By Dan Caplinger]

    The stock market stayed in a pretty narrow range on Thursday, climbing early in the session but then slowly drifting lower through the afternoon hours. In the absence of major news, investors largely looked forward to key events like trade negotiations among the world’s largest economies. Other financial markets saw mixed moves as well, with 10-year Treasury yields climbing above 3.1% while oil prices stayed comfortably above $70 per barrel. Despite the quiet day, some companies had good news that pushed their shares sharply higher. World Wrestling Entertainment (NYSE:WWE), Chesapeake Energy (NYSE:CHK), and Williams Partners (NYSE:WPZ) were among the best performers on the day. Below, we’ll look more closely at these stocks to tell you why they did so well.

  • [By Stephan Byrd]

    Barclays set a $46.00 price target on Williams Pipeline Partners (NYSE:WPZ) in a research note published on Saturday. The brokerage currently has a hold rating on the pipeline company’s stock.

  • [By Reuben Gregg Brewer]

    There’s an interesting dichotomy here, however. Crestwood was looking to stay financially disciplined, but it also needed to invest to grow. Doing both at the same time is difficult, which is why it partnered up with Con Ed in the Marcellus region, Shell Midstream Partners LP (NYSE:SHLX) and First Reserve in the Delaware Basin, and Williams Partners (NYSE:WPZ) in the Powder River basin. These agreements allow Crestwood to keep expanding its business without having to foot the entire bill for the investments.

  • [By Lisa Levin] Gainers
    Carver Bancorp, Inc. (NASDAQ: CARV) shares jumped 92.1 percent to $7.01.
    iPic Entertainment Inc. (NASDAQ: IPIC) gained 21.6 percent to $9.73.
    Baozun Inc. (NASDAQ: BZUN) shares jumped 18.7 percent to $53.49 after reporting Q1 results.
    World Wrestling Entertainment, Inc. (NYSE: WWE) shares jumped 15.9 percent to $50.50. The company's "Smackdown Live" may not be renewed at NBCUniversal network and the company's "Monday Night Raw" program could be worth three times its current value elsewhere, according to a report for The Hollywood Reporter.
    Spectrum Pharmaceuticals, Inc. (NASDAQ: SPPI) gained 14.7 percent to $ 20.46 after the company issued further details on Phase 3 ADVANCE study of ROLONTIS.
    Motus GI Holdings, Inc. (NASDAQ: MOTS) climbed 13.4 percent to $5.5009.
    Endocyte, Inc. (NASDAQ: ECYT) rose 13.3 percent to $ 14.23 after the company announced presentation of Phase 2 data from prostate cancer trial of 177Lu-PSMA-617 at the 2018 ASCO Annual Meeting.
    Diana Containerships Inc. (NASDAQ: DCIX) gained 12.9 percent to $1.7499 after the company announced the sale of Post-Panamax Container Vessel for $21 million.
    Essendant Inc. (NASDAQ: ESND) gained 12.7 percent to $12.43. Essendant confirmed receipt of unsolicited proposal from Staples of $11.50 per share in cash.
    Blink Charging Co (NASDAQ: BLNK) rose 11.8 percent to $8.04 after surging 31.68 percent on Wednesday.
    OptimumBank Holdings, Inc. (NASDAQ: OPHC) gained 11.5 percent to $5.15.
    Flotek Industries, Inc. (NYSE: FTK) shares climbed 10.7 percent to $3.74.
    Farmer Bros. Co. (NASDAQ: FARM) rose 7.9 percent to $25.95 after climbing 7.90 percent on Wednesday.
    Minerva Neurosciences Inc (NASDAQ: NERV) rose 6.5 percent to $6.93 after Journal of Clinical Psychiatry published positive results of cognitive performance from Phase 2B trial of roluperidone in schizophrenia patients.
    Williams Partners L.P. (NYSE: WPZ) rose 5.6 percent to $40

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