Best Energy Stocks To Watch Right Now

Energy is an absolutely fascinating industry to follow right now. On one side, you have oil and gas companies selling at incredibly low valuations, despite the fact that oil prices are above $70 a barrel. On the other side, you have renewable-energy companies with a multitrillion-dollar growth highway ahead of them.

With these interesting trends emerging, there’s no doubt that investors are looking at this industry. To help investors start their search for great energy investments, we asked three of our investing contributors to each highlight a stock they see as a great buy now. Here’s why they picked Magellan Midstream Partners (NYSE:MMP), Brookfield Renewable Partners (NYSE:BEP), and SunPower (NASDAQ:SPWR).

Image source: Getty Images.

Only building what’s needed

Reuben Gregg Brewer (Magellan Midstream Partners, L.P.): This company is among the most conservatively run midstream oil and natural gas players. Its debt-to-EBITDA ratio is well below industry bellwethers like Enterprise Products Partners L.P.and Kinder Morgan, Inc.And it avoids dilutive unit issuance, with its unit count effectively flat over the past five years compared to a roughly 17% rise at Enterprise.

Best Energy Stocks To Watch Right Now: Approach Resources Inc.(AREX)

Advisors’ Opinion:

  • [By Stephan Byrd]

    Get a free copy of the Zacks research report on Approach Resources (AREX)

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

Best Energy Stocks To Watch Right Now: MV Oil Trust(MVO)

Advisors’ Opinion:

  • [By Max Byerly]

    MV Oil Trust (NYSE: MVO) and Petroleo Brasileiro SA Petrobras (NYSE:PBR.A) are both oils/energy companies, but which is the superior investment? We will contrast the two companies based on the strength of their valuation, earnings, analyst recommendations, institutional ownership, risk, profitability and dividends.

Best Energy Stocks To Watch Right Now: Pioneer Energy Services Corp.(PES)

Advisors’ Opinion:

  • [By Ethan Ryder]

    ValuEngine upgraded shares of Pioneer Energy Services (NYSE:PES) from a hold rating to a buy rating in a report issued on Saturday morning.

    Other equities analysts have also issued research reports about the stock. Zacks Investment Research raised shares of Pioneer Energy Services from a hold rating to a buy rating and set a $5.00 price target on the stock in a research report on Tuesday, May 8th. Jefferies Group set a $4.00 target price on shares of Pioneer Energy Services and gave the stock a buy rating in a research report on Monday, February 26th. Finally, Capital One reaffirmed an overweight rating on shares of Pioneer Energy Services in a research report on Friday, February 16th. Three investment analysts have rated the stock with a hold rating and six have assigned a buy rating to the company. The stock currently has an average rating of Buy and a consensus target price of $3.35.

  • [By Shane Hupp]

    Seadrill Partners (NYSE: SDLP) and Pioneer Energy Services (NYSE:PES) are both small-cap oils/energy companies, but which is the better investment? We will compare the two businesses based on the strength of their risk, valuation, analyst recommendations, institutional ownership, earnings, dividends and profitability.

  • [By Ethan Ryder]

    Pioneer Energy Services (NYSE: PES) and Key Energy Services (NYSE:KEG) are both small-cap oils/energy companies, but which is the better business? We will contrast the two businesses based on the strength of their valuation, analyst recommendations, earnings, profitability, institutional ownership, dividends and risk.

  • [By Max Byerly]

    Baytex Energy (NYSE: BTE) and Pioneer Energy Services (NYSE:PES) are both small-cap oils/energy companies, but which is the better stock? We will compare the two businesses based on the strength of their institutional ownership, analyst recommendations, profitability, earnings, valuation, risk and dividends.

  • [By Shane Hupp]

    Pioneer Energy Services (NYSE:PES) Director C John Thompson sold 6,666 shares of Pioneer Energy Services stock in a transaction that occurred on Friday, May 4th. The stock was sold at an average price of $4.25, for a total transaction of $28,330.50. Following the completion of the transaction, the director now directly owns 41,818 shares in the company, valued at approximately $177,726.50. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink.

Best Energy Stocks To Watch Right Now: Exxon Mobil Corporation(XOM)

Advisors’ Opinion:

  • [By Paul Ausick]

    Exxon Mobil Corp. (NYSE: XOM) traded up 2.08% at $81.35. The stock’s 52-week range is $72.16 to $89.30. Volume was about 40% below the daily average of around 13.5 million. The company had no specific news but rising crude oil prices never hurt an oil company’s stock.

  • [By Paul Ausick]

    Exxon Mobil Corp. (NYSE: XOM) traded down 5.78% at $79.64. The stock’s 52-week range is $76.05 to $89.30. Volume was more than double the daily average of around 11 million shares. Like Chevron, Exxon reported results last Friday that did not live up to expectations.

  • [By Max Byerly]

    Nicolet Bankshares Inc. lowered its holdings in ExxonMobil (NYSE:XOM) by 5.5% in the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund owned 30,219 shares of the oil and gas company’s stock after selling 1,748 shares during the period. ExxonMobil comprises 1.1% of Nicolet Bankshares Inc.’s portfolio, making the stock its 19th largest position. Nicolet Bankshares Inc.’s holdings in ExxonMobil were worth $2,528,000 as of its most recent SEC filing.

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