Tag Archives: ECA

Hot Oil Stocks To Invest In 2023

PetroleoBrasileiro S.A.or Petrobras (PBR Quick QuotePBR ) recently announced that it completed the transfer of its 10% stake in the Lapa field to global integrated oil and gas company TotalEnergies (TTE Quick QuoteTTE ) .

The deal, which also included the assignment of Petrobras Netherlands B.V.’s (PNBV) whole interest in Lapa Oil & Gas B.V., a business in Holland, was concluded with the payment of $49.4 million to Petrobras with contract changes.

The Lapa field (BM-S-9A block) has its address in the pre-salt area of the Santos Basin. Its average output in the....More>>>

Hot Oil Stocks To Watch Right Now

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

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

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

Get Lekoil alerts:

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>>>

Top 5 Oil Stocks To Invest In 2023

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>>>