Top Oil Stocks To Watch For 2019

Source: ThinkstockMay 17, 2017: The S&P 500 closed lower on the day, down 1.8% at 2,357.25. Separately the DJIA closed down 1.8% as well at 20,608.33. The Nasdaq also closed down 2.6% at 6,011.24.

Wednesday was the worst trading day that the markets have had all year with all major indices down well over 1%. Practically everything was negative in the S&P 500, although there were a couple of exceptions. In terms of industries, only the following were positive on Wednesday: Beverages, Utilities, and REITs. The most negative stocks on Wednesday were large-cap financials and investment houses. With maybe one or two exceptions the entire tech sector posted red arrows.

Crude oil was actually higher on the day up 0.7% at $48.98.

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

Advisors’ Opinion:

  • [By Stephan Byrd]

    Cenovus Energy (NYSE:CVE) and Encana (NYSE:ECA) are both large-cap oils/energy companies, but which is the superior stock? We will compare the two companies based on the strength of their risk, institutional ownership, valuation, profitability, dividends, earnings and analyst recommendations.

  • [By Keith Noonan, Travis Hoium, and Matthew DiLallo]

    We asked three Motley Fool investors to profile some of the best under-the-radar growth stocks on the market today. Read on to see why they selected Encana (NYSE:ECA), Activision Blizzard (NASDAQ:ATVI), and Baozun (NASDAQ:BZUN) as top growth stocks for in-the-know investors.

  • [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 Max Byerly]

    Shares of Encana Corp (NYSE:ECA) (TSE:ECA) have been given an average rating of “Buy” by the twenty-four analysts that are covering the stock, MarketBeat Ratings reports. Two equities research analysts have rated the stock with a hold recommendation, twenty-one have issued a buy recommendation and one has assigned a strong buy recommendation to the company. The average 1 year price objective among brokers that have issued a report on the stock in the last year is $16.17.

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

Advisors’ Opinion:

  • [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 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 Matthew DiLallo]

    Williams Companies (NYSE:WMB) was off to a great start in 2018 thanks to the growth of its majority-owned master limited partnership, Williams Partners (NYSE:WPZ). There’s plenty more where that came from, which was clear from the comments of CEO Alan Armstrong on the accompanying quarterly conference call. While he didn’t fill in every detail about what lies ahead, he made sure investors knew that the company’s future looks bright.

  • [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 Shane Hupp]

    Get a free copy of the Zacks research report on Williams 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.

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

Advisors’ Opinion:

  • [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 Shane Hupp]

    Fayez Sarofim & Co boosted its stake in Magellan Midstream Partners, L.P. (NYSE:MMP) by 14.0% in the 1st quarter, according to its most recent filing with the SEC. The fund owned 13,372 shares of the pipeline company’s stock after purchasing an additional 1,644 shares during the period. Fayez Sarofim & Co’s holdings in Magellan Midstream Partners were worth $780,000 at the end of the most recent quarter.

  • [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 Matthew DiLallo]

    Stocks that pay a growing dividend tend not only to outperform the market but to do so with less volatility. That’s why risk-averse investors should consider stocking their portfolio with companies that have a high probability of paying a growing income stream in the years to come. Three top options worth considering are pipeline giants Enterprise Products Partners (NYSE:EPD), TransCanada (NYSE:TRP), and Magellan Midstream Partners (NYSE:MMP).

  • [By Reuben Gregg Brewer]

    Kinder Morgan, Inc. (NYSE:KMI) is one of the largest midstream companies in North America, and it has major dividend plans between 2018 and 2020. By the end of that period, it expects to increase its dividend from $0.50 per share per year (in 2017) to $1.25. That’s huge dividend growth in a short period of time. But don’t get too enamored by that news; the dividend will still be lower than it was before the midstream oil and gas company’s 75% dividend cut in 2016. If you’re looking for dividend income in the midstream space, take a look at longtime dividend payers ONEOK, Inc. (NYSE:OKE) and Magellan Midstream Partners, L.P. (NYSE:MMP) instead.   

  • [By John Bromels, Jeremy Bowman, and Daniel Miller]

    We asked three Motley Fool investors to highlight a top dividend-paying stock with a yield above 2% that is supported by a solid business underneath. They came back with Magellan Midstream Partners (NYSE:MMP), Home Depot (NYSE:HD), and Ford Motor Company (NYSE:F). Here’s why they chose the way they did. 

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

Advisors’ Opinion:

  • [By ]

    Presto, West Texas Intermediate crude rose 3% to $71.18, the highest since December 2014, boosting shares of oil companies including Occidental (OXY) , which gained 4.8%, Marathon (MRO) , up 3.8%, and Apache (APA) , which gained 2.5%. Spot gasoline also rose 2.7% to $2.17 a gallon, boding ill for the summer driving season in the U.S. and potentially eroding any gains middle-class Americans received from the Trump tax cuts.

  • [By Ethan Ryder]

    Shares of Melrose Industries PLC (LON:MRO) have received an average rating of “Buy” from the nine analysts that are currently covering the firm, MarketBeat.com reports. Nine analysts have rated the stock with a buy recommendation. The average 1 year target price among analysts that have issued a report on the stock in the last year is GBX 255 ($3.30).

  • [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 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 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

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

Advisors’ Opinion:

  • [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 John Bromels]

    Three stocks with outsized prospects for doing just that are uniform renter Cintas (NASDAQ:CTAS), oil and gas driller Apache Corp. (NYSE:APA), and natural gas pipeline operator Kinder Morgan (NYSE:KMI). Here’s why I recommend them.

  • [By Max Byerly]

    US Bancorp DE decreased its stake in shares of Apache Co. (NYSE:APA) by 5.8% during the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 145,332 shares of the energy company’s stock after selling 8,948 shares during the period. US Bancorp DE’s holdings in Apache were worth $5,592,000 as of its most recent SEC filing.

  • [By Matthew DiLallo]

    Apache Corporation (NYSE:APA) stunned the oil and gas world in late 2016 by announcing the discovery of the Alpine High play in a long-overlooked spot of the Permian Basin. The company believed that it had uncovered more than 3 billion barrels of oil and even more natural gas, which would drive growth for years to come. However, that growth wouldn’t materialize overnight because Apache first had to build out the infrastructure needed to develop the field from scratch. 

  • [By Logan Wallace]

    Apache (NYSE:APA)‘s stock had its “hold” rating reaffirmed by research analysts at Stifel Nicolaus in a report released on Thursday. They presently have a $49.00 price target on the energy company’s stock. Stifel Nicolaus’ target price suggests a potential upside of 11.80% from the company’s current price.

Leave a Reply

Your email address will not be published. Required fields are marked *