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Hot Oil Stocks To Watch Right Now

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ONEOK, Inc. (OKE Quick QuoteOKE ) is well-poised to gain from improved fee-based earnings and midstream assets located in the higher productive regions.

The Zacks Consensus Estimate for the company’s 2021 earnings is pegged at $3.29 per share, suggesting growth of 131.69% from the year-ago reported figure. The consensus mark for revenues stands at $15.45 billion, indicating an increase of 80.88% from the prior-year reported number. The long-term (three to five years) earnings growth rate of ONEOK is 6%.

What’s Aiding the Stock?

ONEOK is well-placed to benefit....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 10 Oil Stocks To Buy Right Now

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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>>>