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Hot Oil Stocks To Own For 2023

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The Teamsters union is calling on FedEx  (FDX) – Get FedEx Corporation Report shareholders to reject Founder and Chief Executive Fred Smith's $54 million pay package, a media report says.

The package-delivery giant gave the executive stock options after scrapping a cash bonus in the wake of the COVID-19 pandemic. It then reinstated the bonus and left the option award intact, the union said, according to Reuters. 

Shares of the Memphis company at last check were down 0.6% at $265.62.

US Stocks Turn Lower After August Jobs....More>>>

Top 10 Oil Stocks To Watch For 2023

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Evolution Petroleum (EPM Quick QuoteEPM ) came out with quarterly earnings of $0.07 per share, missing the Zacks Consensus Estimate of $0.09 per share. This compares to loss of $0.03 per share a year ago. These figures are adjusted for non-recurring items.

This quarterly report represents an earnings surprise of -22.22%. A quarter ago, it was expected that this oil and gas company would post earnings of $0.04 per share when it actually produced earnings of $0.04, delivering no surprise.

Over the last four quarters, the company has surpassed consensus EPS estimates two times.

Evolution....More>>>

Top 10 Oil Stocks To Invest In 2023

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Lekoil (OTCMKTS:LEKOF) and Kimbell Royalty Partners (NYSE:KRP) are both small-cap oils/energy companies, but which is the better business? We will compare the two businesses based on the strength of their dividends, earnings, analyst recommendations, institutional ownership, valuation, risk and profitability.

Insider & Institutional Ownership

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25.0% of Kimbell Royalty Partners shares are held by institutional investors. 14.2% of Kimbell Royalty Partners shares are held by company insiders. Strong institutional ownership is an indication....More>>>

Best Oil Stocks To Own For 2023

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Baker Hughes Company (BKR Quick QuoteBKR ) has entered into an agreement with state-owned South Gas Company for developing a new project in Iraq, according to the oil ministry.

The agreement is meant for capturing 200 million cubic feet per day of flared gas that will be utilized for generating power. Baker Hughes will be constructing modular gas processing plants that will be involved in processing associated gas from Nasiriyah and Gharaf oil fields, located in the southern Dhi Qar province.

Per World Bank, with the burning of 17.37 billion cubic meters of gas in 2020, Iraq....More>>>

Top 5 Oil Stocks To Invest In 2023

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Per a detailed damage survey undertaken by Royal Dutch Shell plc , Hurricane Ida caused a severe structural destruction to its West Delta-143 (WD-143) offshore facilities, inducing the same to remain offline for repairs.

Production from Shell’s properties in the Gulf of Mexico’s Mars corridor is transferred to onshore crude and natural gas terminals through its WD-143 sites.

The company hopes to restart production activity in the fourth quarter of 2021 from its Olympus platform, which flows through the WD-143 C facility. Also, it anticipates output generation from....More>>>