Tag Archives: RIG

Top 10 Oil Stocks For 2023

Shares of Magnolia Oil & Gas Corporation (MGY Quick QuoteMGY ) stock has shown no substantial movement since second-quarter 2021 earnings announcement on Aug 2. In fact, the firm’s shares failed to display an uptrend despite impressive bottom-line and top-line performances as well as an upbeat third-quarter production guidance, which indicates growth from the sequential quarter’s reported figure.

Delving Deeper

The company reported second-quarter adjusted net income per share of 56 cents, beating the Zacks Consensus Estimate of 37 cents. The bottom line reversed....More>>>

Top 5 Penny Stocks To Watch For 2023

Day trading penny stocks skyrocketed in the last few years, thanks to a low barrier to entry and the possibility to turn small sums into large gains. It’s easier for a stock to go from $0.05 to $1.50 than from $15 to $50.

Basically, finding the best penny stocks to buy could bank you double or triple your investment. But you need to know where to look and how to play them.

Top 5 Penny Stocks To Watch For 2023: Archer-Daniels-Midland Company(ADM)

Archer Daniels Midland Company procures, transports, stores, processes, and merchandises agricultural commodities and products....More>>>

Top 10 Oil Stocks To Own For 2023

Obafemi Oredein

Special to Dow Jones Newswires

IBADAN, Nigeria–Nigerian President Muhammadu Buhari on Wednesday directed the immediate implementation of the frame work of the country’s new Petroleum Industry Act, setting up a steering committee to carry out the assignment.

Mr. Buhari said the minister of state for petroleum resources, Timipre Sylva, will head the committee, urging all ministries, departments and agencies to “adjust to the transition, designed to reposition the economy.”

Other members of the committee include Mele Kyari, group....More>>>

Top 5 Oil Stocks For 2023

Equinor ASA (EQNR Quick QuoteEQNR ) announced the interruption of its crude oil loading activities at its Sture export terminal, located at the west coast of Norway. As reported by Reuters, oil loading was interrupted after activists from the Extinction Rebellion group broke into the safety zone of the facility.

The protest’s clear message is that all operations related to exploration and transportation of crude oil must be halted. Crude is being transported through pipeline networks from numerous offshore fields to the Sture export facility.

According to the source,....More>>>

Best Oil Stocks To Watch Right Now

Investors in Exxon Mobil (NYSE:XOM) stock have had a strong 2021 so far.

Source: Harry Green / Shutterstock.com

XOM stock is up over 33% year-to-date (YTD) and 40% over the past year. Yet regular InvestorPlace.com readers are familiar how challenging 2020 was for many oil names like Exxon.

In the initial months of the pandemic, cash flows struggled. Exxon faced sluggish demand and lower commodity prices.

The stagnant oil market led to the removal of XOM stock from the Dow Jones Industrial Average (DJIA), but developments in 2021 have meant an improvement in....More>>>