Tag Archives: ECA

Hot Oil Stocks To Invest In 2019

Related NFX Mid-Day Market Update: Crude Oil Down 1.5%; Lantheus Shares Surge Following Q4 Results Earnings Scheduled For February 21, 2017 Newfield Exploration -5.5% as production guidance disappoints (Seeking Alpha)
Related PKD 18 Biggest Mid-Day Losers For Wednesday Mid-Day Market Update: Crude Oil Down 1.5%; Lantheus Shares Surge Following Q4 Results After Hours Gainers / Losers (Seeking Alpha)

Toward the end of trading Wednesday, the Dow traded up 0.11 percent to 20,765.19 while the NASDAQ declined 0.08 percent to 5,860.96. The S&P also fell, dropping 0.11 percent to 2,362.76.

Leading and Lagging Sectors

Non-cyclical consumer goods & services shares climbed by 0.62 percent in trading on Wednesday.

In trading on Wednesday, energy shares fell by 1.27 percent. Meanwhile, top losers in the sector included Newfield Exploration Co. (NYSE: NFX), down 9 percent, and Parker Drilling Company (NYSE: PKD), down 14 percent.

Hot Oil Stocks To Invest In 2019: Range Resources Corporation(RRC)

Advisors’ Opinion:

  • [By Tyler Crowe]

    Companies in this region have had more measured growth plans because of the lack of pipelines. As Miller mentioned, though, improved efficiency has resulted in most companies outpacing their production growth plans. The lack of takeaway capacity has led to much lower prices for in-basin production. Range Resources (NYSE:RRC), one of the larger producers in the region, has noted that its price realizations were 10% below benchmark prices because of a lack of takeaway capacity. 

  • [By Matthew DiLallo]

    Shares of Range Resources (NYSE:RRC) rose more than 10% by 2:30 p.m. EST on Monday after the top-10 natural gas producer reported strong reserve numbers for 2018.

  • [By Ethan Ryder]

    Get a free copy of the Zacks research report on Range Resources (RRC)

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

  • [By Ethan Ryder]

    OppenheimerFunds Inc. lowered its holdings in Range Resources Corp. (NYSE:RRC) by 68.2% in the first quarter, HoldingsChannel.com reports. The fund owned 30,532 shares of the oil and gas exploration company’s stock after selling 65,576 shares during the quarter. OppenheimerFunds Inc.’s holdings in Range Resources were worth $444,000 at the end of the most recent reporting period.

  • [By Tyler Crowe, Jason Hall, and Matthew DiLallo]

    So we asked three of our energy contributors to each highlight a stock they see in the oil and gas industry that would make a great buy today. Here’s why they picked Diamond Offshore Drilling (NYSE:DO), Range Resources (NYSE:RRC), and Devon Energy (NYSE:DVN). 

Hot Oil Stocks To Invest In 2019: Encana Corporation(ECA)

Advisors’ Opinion:

  • [By Matthew DiLallo]

    Canada’s Montney Shale doesn’t currently capture investors’ attention like the Permian Basin. However, that doesn’t mean it’s a second-tier play. Quite the contrary since, like the Permian, it’s a resource-rich region with as many as six drillable formations that produce highly economic liquids-rich natural gas. Because of those features, it has become an important growth driver for companies like Encana (NYSE:ECA).

  • [By Shane Hupp]

    Electra (CURRENCY:ECA) traded 3.4% lower against the dollar during the 24-hour period ending at 18:00 PM Eastern on June 4th. Electra has a total market capitalization of $45.83 million and approximately $326,372.00 worth of Electra was traded on exchanges in the last 24 hours. One Electra coin can currently be bought for $0.0018 or 0.00000024 BTC on cryptocurrency exchanges including Novaexchange, Octaex, Fatbtc and Cryptopia. In the last seven days, Electra has traded 12.8% higher against the dollar.

  • [By Max Byerly]

    Electra (CURRENCY:ECA) traded 8% higher against the U.S. dollar during the 1-day period ending at 22:00 PM ET on June 20th. In the last week, Electra has traded 12.6% higher against the U.S. dollar. Electra has a market capitalization of $34.87 million and $128,874.00 worth of Electra was traded on exchanges in the last 24 hours. One Electra coin can now be purchased for $0.0014 or 0.00000020 BTC on exchanges including Fatbtc, Novaexchange, CoinFalcon and CryptoBridge.

  • [By Max Byerly]

    Shares of Encana Corp (NYSE:ECA) (TSE:ECA) gapped up before the market opened on Tuesday . The stock had previously closed at $5.95, but opened at $6.10. Encana shares last traded at $6.11, with a volume of 65113676 shares changing hands.

Hot Oil Stocks To Invest In 2019: Transocean Inc.(RIG)

Advisors’ Opinion:

  • [By Joseph Griffin]

    Northern Trust Corp reduced its stake in shares of Transocean LTD (NYSE:RIG) by 1.2% in the second quarter, according to its most recent filing with the SEC. The institutional investor owned 3,527,006 shares of the offshore drilling services provider’s stock after selling 44,063 shares during the period. Northern Trust Corp owned about 0.76% of Transocean worth $47,402,000 as of its most recent filing with the SEC.

  • [By Joseph Griffin]

    An issue of Transocean LTD (NYSE:RIG) debt rose 2.5% as a percentage of its face value during trading on Thursday. The debt issue has a 6.8% coupon and is set to mature on March 15, 2038. The debt is now trading at $85.45. Price moves in a company’s debt in credit markets often predict parallel moves in its share price.

  • [By Jason Hall, Tyler Crowe, and John Bromels]

    According to three Motley Fool contributors, there are still ample opportunities to profit in the oil and gas segment as some left-behind subsectors start to catch up to the higher price trend. Three in particular that are well-positioned going forward are Transocean LTD (NYSE:RIG), National-Oilwell Varco, Inc. (NYSE:NOV), and Devon Energy Corp (NYSE:DVN).  

Hot Oil Stocks To Invest In 2019: Magellan Midstream Partners L.P.(MMP)

Advisors’ Opinion:

  • [By Motley Fool Transcribing]

    Magellan Midstream Partners (NYSE:MMP) Q4 2018 Earnings Conference CallJan. 31, 2019 1:30 p.m. ET

    Contents:
    Prepared Remarks Questions and Answers Call Participants
    Prepared Remarks:

    Operator

  • [By ]

    Cramer and the AAP team are looking for opportunities to trim stocks into strength based out of discipline. That means trimming Magellan Midstream Partners (MMP) . Find out what they’re telling their investment club members and get in on the conversation with a free trial subscription to Action Alerts PLUS.

  • [By Matthew DiLallo]

    The company is also looking at a variety of oil pipeline expansion projects in the Permian Basin, including building the Permian Express-4 pipeline, which could move about 100,000 BPD. On top of that, it’s working on a potentially larger project with its joint venture partner Magellan Midstream Partners (NYSE:MMP). Long noted that the company had made “significant progress with our new 30-inch crude oil pipeline joint-venture project with Magellan and other strategic partners” that would “provide unprecedented flexibility from the Permian Basin.”

  • [By John Bromels]

    Speaking of debt, energy infrastructure MLPs tend to take on high levels of it to fund their large infrastructure development projects. That means taking on additional debt to fund a distribution isn’t always feasible. Luckily, in the case of Magellan and Enterprise, their conservative management teams have kept them at comparatively good debt ratings and low levels of debt relative to their peers:

    Company Debt Rating Debt-to-EBITDA Ratio (TTM)  Debt-to-Adjusted-EBITDA Ratio (TTM)
    Magellan Midstream Partners (NYSE:MMP) BBB+/Baa1 3.5 3.3
    Enterprise Products Partners (NYSE:EPD) BBB+/Baa1 4.3 3.7
    Buckeye Partners BBB-/Baa3 5.0 4.3
    Energy Transfer Partners BBB-/Baa3 5.2 N/A

    Data sources: Company presentations and YCharts. TTM = trailing 12 months.

  • [By Matthew DiLallo]

    This process starts with gathering pipelines, which transports a well’s production to central processing locations that separate oil, natural gas, natural gas liquids (NGLs), and water. The oil then moves by truck, pipeline, or tanker to storage facilities while it waits to go through a refinery or petrochemical complex and get turned into fuel, chemicals, or another oil-based product. While oil companies tend to own some of these midstream assets, especially gathering lines and processing facilities, third parties hold a significant portion of the energy infrastructure in North America. These companies often charge fees for the logistical services provided to oil companies. Master limited partnerships (MLPs) are a noteworthy owner of these assets in the U.S. and most commonly found in the energy midstream sector. MLPs are tax-advantaged entities that pass through most of their income to investors. The largest MLP by enterprise value is Enterprise Products Partners (NYSE:EPD), while other notable ones include Magellan Midstream Partners (NYSE:MMP) and MPLX (NYSE:MPLX). 

Hot Oil Stocks To Invest In 2019: Williams Partners L.P.(WPZ)

Advisors’ Opinion:

  • [By Lisa Levin] Gainers
    Carver Bancorp, Inc. (NASDAQ: CARV) shares jumped 92.1 percent to $7.01.
    iPic Entertainment Inc. (NASDAQ: IPIC) gained 21.6 percent to $9.73.
    Baozun Inc. (NASDAQ: BZUN) shares jumped 18.7 percent to $53.49 after reporting Q1 results.
    World Wrestling Entertainment, Inc. (NYSE: WWE) shares jumped 15.9 percent to $50.50. The company's "Smackdown Live" may not be renewed at NBCUniversal network and the company's "Monday Night Raw" program could be worth three times its current value elsewhere, according to a report for The Hollywood Reporter.
    Spectrum Pharmaceuticals, Inc. (NASDAQ: SPPI) gained 14.7 percent to $ 20.46 after the company issued further details on Phase 3 ADVANCE study of ROLONTIS.
    Motus GI Holdings, Inc. (NASDAQ: MOTS) climbed 13.4 percent to $5.5009.
    Endocyte, Inc. (NASDAQ: ECYT) rose 13.3 percent to $ 14.23 after the company announced presentation of Phase 2 data from prostate cancer trial of 177Lu-PSMA-617 at the 2018 ASCO Annual Meeting.
    Diana Containerships Inc. (NASDAQ: DCIX) gained 12.9 percent to $1.7499 after the company announced the sale of Post-Panamax Container Vessel for $21 million.
    Essendant Inc. (NASDAQ: ESND) gained 12.7 percent to $12.43. Essendant confirmed receipt of unsolicited proposal from Staples of $11.50 per share in cash.
    Blink Charging Co (NASDAQ: BLNK) rose 11.8 percent to $8.04 after surging 31.68 percent on Wednesday.
    OptimumBank Holdings, Inc. (NASDAQ: OPHC) gained 11.5 percent to $5.15.
    Flotek Industries, Inc. (NYSE: FTK) shares climbed 10.7 percent to $3.74.
    Farmer Bros. Co. (NASDAQ: FARM) rose 7.9 percent to $25.95 after climbing 7.90 percent on Wednesday.
    Minerva Neurosciences Inc (NASDAQ: NERV) rose 6.5 percent to $6.93 after Journal of Clinical Psychiatry published positive results of cognitive performance from Phase 2B trial of roluperidone in schizophrenia patients.
    Williams Partners L.P. (NYSE: WPZ) rose 5.6 percent to $40
  • [By Lisa Levin]

    Analysts at Stifel Nicolaus downgraded Williams Partners L.P. (NYSE: WPZ) from Buy to Hold..

    Williams Partners shares fell 0.63 percent to close at $41.23 on Friday.

  • [By Matthew DiLallo]

    Natural gas pipeline giant Williams Companies (NYSE:WMB) and its MLP Williams Partners (NYSE:WPZ) reported mixed second-quarter results after the close Wednesday. Earnings declined fractionally due to asset sales and some higher costs. Cash flow, on the other hand, moved slightly higher thanks in part to lower interest expenses as a result of  debt reduction. However, while both numbers underwhelmed in Q2, they should head much higher in the coming year because Williams has several expansion projects under way that should boost its bottom line.

Top 5 Oil Stocks To Invest In Right Now

The recent surge in the price of oil is set to propel global inflation faster than historically and by more than investors are anticipating, in part because key central banks are unlikely to respond by tightening monetary policy, according to Citigroup Inc.

In a report sent to clients on Friday, economist Pernille Henneberg estimated that a 10 percent rise in crude prices would lift headline inflation by about a quarter of a percentage point in the U.S. and the euro-area and by 0.21 point in the U.K. over a year. The upside surprise could be as much as 0.2 point higher than what markets now expect, she said.

The price of Brent crude oil has risen about 20 percent in the past three months to around $77 a barrel.

That may force up inflation faster than typically because general prices are “sensitive to increasing oil prices while labor markets are tight in a number of countries” and as “central banks may be more cautious than in the past to react,” Henneberg said.

Top 5 Oil Stocks To Invest In Right Now: Range Resources Corporation(RRC)

Advisors’ Opinion:

  • [By Ethan Ryder]

    Get a free copy of the Zacks research report on Range Resources (RRC)

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

  • [By Joseph Griffin]

    Media headlines about Range Resources (NYSE:RRC) have been trending somewhat positive on Saturday, Accern Sentiment Analysis reports. The research group identifies positive and negative press coverage by monitoring more than twenty million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Range Resources earned a daily sentiment score of 0.07 on Accern’s scale. Accern also gave media headlines about the oil and gas exploration company an impact score of 46.3371462950661 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the near future.

  • [By Joseph Griffin]

    Range Resources Corp. (NYSE:RRC) – Equities research analysts at Seaport Global Securities raised their Q4 2018 earnings per share (EPS) estimates for shares of Range Resources in a note issued to investors on Wednesday, May 23rd. Seaport Global Securities analyst M. Kelly now anticipates that the oil and gas exploration company will post earnings per share of $0.12 for the quarter, up from their previous forecast of $0.11. Seaport Global Securities has a “Neutral” rating on the stock. Seaport Global Securities also issued estimates for Range Resources’ Q1 2019 earnings at $0.36 EPS, Q3 2019 earnings at $0.18 EPS, Q4 2019 earnings at $0.26 EPS and FY2019 earnings at $0.98 EPS.

  • [By Max Byerly]

    Range Resources Corp. (NYSE:RRC) has received an average recommendation of “Hold” from the thirty ratings firms that are currently covering the firm, MarketBeat Ratings reports. Three analysts have rated the stock with a sell rating, twelve have issued a hold rating, thirteen have issued a buy rating and one has issued a strong buy rating on the company. The average twelve-month price objective among brokers that have updated their coverage on the stock in the last year is $22.11.

  • [By Shane Hupp]

    RRCoin (CURRENCY:RRC) traded down 5% against the dollar during the twenty-four hour period ending at 14:00 PM ET on September 22nd. One RRCoin token can now be purchased for approximately $0.0093 or 0.00000139 BTC on cryptocurrency exchanges. RRCoin has a total market cap of $0.00 and approximately $463,836.00 worth of RRCoin was traded on exchanges in the last 24 hours. In the last seven days, RRCoin has traded 1.4% higher against the dollar.

  • [By Ethan Ryder]

    Get a free copy of the Zacks research report on Range Resources (RRC)

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

Top 5 Oil Stocks To Invest In Right Now: Encana Corporation(ECA)

Advisors’ Opinion:

  • [By Joseph Griffin]

    Morgan Stanley set a $19.00 price objective on Encana (NYSE:ECA) (TSE:ECA) in a report published on Friday morning. The brokerage currently has a buy rating on the oil and gas company’s stock.

  • [By Shane Hupp]

    Electra (CURRENCY:ECA) traded 3.4% lower against the dollar during the 24-hour period ending at 18:00 PM Eastern on June 4th. Electra has a total market capitalization of $45.83 million and approximately $326,372.00 worth of Electra was traded on exchanges in the last 24 hours. One Electra coin can currently be bought for $0.0018 or 0.00000024 BTC on cryptocurrency exchanges including Novaexchange, Octaex, Fatbtc and Cryptopia. In the last seven days, Electra has traded 12.8% higher against the dollar.

  • [By Stephan Byrd]

    Cenovus Energy (NYSE:CVE) and Encana (NYSE:ECA) are both large-cap oils/energy companies, but which is the superior stock? We will compare the two companies based on the strength of their risk, institutional ownership, valuation, profitability, dividends, earnings and analyst recommendations.

  • [By Matthew DiLallo]

    Canada’s Montney Shale doesn’t currently capture investors’ attention like the Permian Basin. However, that doesn’t mean it’s a second-tier play. Quite the contrary since, like the Permian, it’s a resource-rich region with as many as six drillable formations that produce highly economic liquids-rich natural gas. Because of those features, it has become an important growth driver for companies like Encana (NYSE:ECA).

Top 5 Oil Stocks To Invest In Right Now: ConocoPhillips(COP)

Advisors’ Opinion:

  • [By Matthew DiLallo]

    ConocoPhillips (NYSE:COP) is one of these leaders. The U.S. oil giant announced a multi-billion-dollar buyback in late 2016, which has helped catapult its stock 55% higher since then, vastly outperforming the nearly 23% gain from the iShares U.S. Oil & Gas Exploration & Production ETF (NYSEMKT:IEO), which holds more than 60 U.S.-focused oil and gas stocks. Anadarko Petroleum (NYSE:APC), meanwhile, has rallied almost 60% since unveiling a multi-billion-dollar buyback last fall, doubling the return of the iShares E&P ETF.

  • [By Max Byerly]

    Rockefeller Capital Management L.P. reduced its stake in shares of ConocoPhillips (NYSE:COP) by 57.1% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 515,409 shares of the energy producer’s stock after selling 686,670 shares during the period. Rockefeller Capital Management L.P.’s holdings in ConocoPhillips were worth $35,883,000 at the end of the most recent quarter.

  • [By Chris Lange]

    The number of ConocoPhillips (NYSE: COP) shares short rose to 12.60 million from the previous 12.37 million. Shares were trading at $72.61, within a 52-week range of $42.42 to $73.76.

  • [By Matthew DiLallo]

    ConocoPhillips (NYSE:COP) worked hard to turn its business around during the oil market downturn. We saw the first glimpse of its ability to thrive, now that prices are on the upswing, at the end of last year when the U.S. oil giant reported $545 million, or $0.45 per share, of adjusted earnings. That result marked a significant improvement from the loss it had posted in the previous year.

  • [By Max Byerly]

    Berenberg Bank set a €49.00 ($55.68) price objective on Compugroup Medical (ETR:COP) in a report issued on Monday. The firm currently has a neutral rating on the stock.

Top 5 Oil Stocks To Invest In Right Now: Whiting Petroleum Corporation(WLL)

Advisors’ Opinion:

  • [By Stephan Byrd]

    Oppenheimer began coverage on shares of Whiting Petroleum (NYSE:WLL) in a research note issued to investors on Wednesday. The firm issued an outperform rating and a $67.00 price objective on the oil and gas exploration company’s stock. Oppenheimer also issued estimates for Whiting Petroleum’s Q3 2018 earnings at $0.64 EPS, Q4 2018 earnings at $0.80 EPS, FY2018 earnings at $2.97 EPS, Q3 2019 earnings at $1.45 EPS, Q4 2019 earnings at $1.50 EPS and FY2019 earnings at $5.99 EPS.

  • [By Max Byerly]

    Sheaff Brock Investment Advisors LLC purchased a new position in Whiting Petroleum Co. (NYSE:WLL) in the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm purchased 14,439 shares of the oil and gas exploration company’s stock, valued at approximately $489,000.

  • [By Stephan Byrd]

    Get a free copy of the Zacks research report on Whiting Petroleum (WLL)

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

  • [By Jon C. Ogg]

    Whiting Petroleum Corp. (NYSE: WLL) was raised to Overweight from Equal Weight with a $71 target price (versus a $50.48 close) at Morgan Stanley.

    Tuesday’s top analyst upgrades and downgrades included DocuSign, Embraer, Goodyear, Macy’s, Micron Technologies, Raytheon, Smartsheet and more.

  • [By Matthew DiLallo]

    Whiting Petroleum (NYSE:WLL) bounded upward more than 55% for the quarter, fueled by rising crude prices and its strong first-quarter results. After struggling to scrape by on lower oil prices, Whiting’s cash flow has surged this year, providing it enough money to fund its drilling program with more than $100 million to spare during the first quarter.

  • [By Jon C. Ogg]

    Whiting Petroleum Corp. (NYSE: WLL) was reiterated as Overweight and the target price was raised to $56 from $45 (versus a $50.78 close) at KeyBanc Capital Markets.

Top 5 Oil Stocks To Invest In Right Now: Marathon Oil Corporation(MRO)

Advisors’ Opinion:

  • [By Matthew DiLallo]

    Marathon Oil (NYSE:MRO), likewise, said it would stick with its $2.3 billion drilling budget, which is enough money to grow oil and gas production in the U.S. by 25% to 30% versus last year. Because of that capital discipline, Marathon is on pace to produce more than $500 million in excess cash this year, and that’s assuming crude averages $60 a barrel.

  • [By Matthew DiLallo]

    Marathon Oil (NYSE:MRO) is another oil producer built for $50 oil. At that level, Marathon can generate enough cash to grow its U.S. oil production 25% to 30% this year, while at $60 oil, the company can produce $500 million in free cash — and even more at current prices. Marathon Oil has a range of options for that money, including buying back shares, boosting the dividend, paying off debt, or acquiring more drillable land.

  • [By Matthew DiLallo]

    Marathon Oil (NYSE:MRO) delivered strong operational and financial results through the third quarter of last year, which had the company on track to end 2018 on a high note. Investors will find out whether that’s the case when the company reports its fourth-quarter results. That’s one of several things they should keep their eye on when reviewing that report.

  • [By Matthew DiLallo]

    That prediction would have been unfathomable just a few months ago. While some oil bulls thought prices could surprise to the upside, the consensus outlook was that crude would be in the low to mid $50s this year thanks to surging U.S. oil production. Because of that, most producers based their budgets on oil averaging $50 a barrel, including EOG Resources (NYSE:EOG), Marathon Oil (NYSE:MRO), and Anadarko Petroleum (NYSE:APC). In EOG Resources’ case, $50 oil would provide it with the cash flow to pay a dividend that was 10.4% higher than 2017’s level and drill 690 more wells, which would boost oil production about 18%. Meanwhile, Marathon Oil could produce enough cash at that price point to pay its dividend and fund the new wells needed to boost companywide output 12% compared to last year. Anadarko Petroleum, likewise, could fully fund its dividend and a growth-focused capital plan, which would see it boost oil output 14% this year.

  • [By ]

    Presto, West Texas Intermediate crude rose 3% to $71.18, the highest since December 2014, boosting shares of oil companies including Occidental (OXY) , which gained 4.8%, Marathon (MRO) , up 3.8%, and Apache (APA) , which gained 2.5%. Spot gasoline also rose 2.7% to $2.17 a gallon, boding ill for the summer driving season in the U.S. and potentially eroding any gains middle-class Americans received from the Trump tax cuts.

Top 10 Oil Stocks To Watch Right Now

It’s easy to see why Warren Buffett, the founder and CEO of Berkshire Hathaway (NYSE:BRK-A) (NYSE:BRK-B) is one of the most admired investors in the world. He’s made early investors in Berkshire millionaires thanks to his investing and business prowess, and his homespun aphorisms have taught many of us key lessons about investing and money management. 

Though he’s one of the richest people in the world, he still lives in a modest house in Nebraska and continues to work every day even as he approaches age 90.

Buffett fans probably already have a sense of what kind of stocks the Oracle of Omaha like, but you may not have thought of these three. Keep reading to see why our contributors recommend ExxonMobil (NYSE:XOM), Comcast (NASDAQ:CMCSA), and SodaStream International (NASDAQ:SODA).

Image source: The Motley Fool.

Bigger can be better

John Bromels (ExxonMobil): Buffett famously said, “It’s better to invest in a wonderful company at a fair price than a fair company at a wonderful price.” And ExxonMobil’s price is looking more than fair right now, thanks to some questions about the company’s oil production capacity.

Top 10 Oil Stocks To Watch Right Now: Marathon Oil Corporation(MRO)

Advisors’ Opinion:

  • [By Shane Hupp]

    Melrose Industries (LON:MRO) had its price target upped by Barclays to GBX 260 ($3.39) in a research report report published on Monday. They currently have an overweight rating on the stock.

  • [By Zacks]

    Oil production is surging in Canada but producers are far from happy as their profit margin is sinking and they are striving to stay competitive with their U.S. counterparts. While upstream companies like Marathon Oil Corporation (NYSE: MRO), Hess Corporation (NYSE: HES) and others are enjoying the shale boom and rebound in prices in the United States, their Canadian counterparts like Cenovus Energy Inc. (NYSE: CVE) and others are thinking of reducing production. The primary reason behind this is the shortage of pipelines in the country. In short, pipeline construction in Canada has failed to keep pace with rising domestic oil production – the heavier sour variety churned out of the oil sands –  resulting in infrastructural bottlenecks. This has also forced producers to give away their products at a discounted rate.

  • [By Ethan Ryder]

    Shares of Melrose Industries PLC (LON:MRO) have received an average rating of “Buy” from the nine analysts that are currently covering the firm, MarketBeat.com reports. Nine analysts have rated the stock with a buy recommendation. The average 1 year target price among analysts that have issued a report on the stock in the last year is GBX 255 ($3.30).

  • [By Chris Lange]

    The S&P 500 stock posting the largest daily percentage loss ahead of the close was Marathon Oil Corp. (NYSE: MRO) which traded down over 5% at $19.99. The stock’s 52-week range is $10.55 to $22.12. Volume was over 17 million compared to the daily average volume of 12.8 million.

Top 10 Oil Stocks To Watch Right Now: Encana Corporation(ECA)

Advisors’ Opinion:

  • [By Joseph Griffin]

    Morgan Stanley set a $19.00 price objective on Encana (NYSE:ECA) (TSE:ECA) in a report published on Friday morning. The brokerage currently has a buy rating on the oil and gas company’s stock.

  • [By Ethan Ryder]

    Encana (NYSE:ECA) (TSE:ECA) had its target price raised by Morgan Stanley from $16.00 to $20.00 in a research report report published on Wednesday morning. Morgan Stanley currently has a buy rating on the oil and gas company’s stock.

  • [By Max Byerly]

    Here are some of the news stories that may have effected Accern Sentiment’s rankings:

    Get Encana alerts:

    Encana Corp (ECA) Rising Higher 7.95% Over the Past Four Weeks (fisherbusinessnews.com) Encana Corporation (ECA) Most Active Stock Price trades 19.10% off from 200- SMA (nasdaqchronicle.com) Mid-Day Movers –: Encana Corporation (NYSE:ECA), CSX Corporation (NASDAQ:CSX), MGIC Investment Corporation … (journalfinance.net) Featured Stock: Encana Corporation (ECA) (stockquote.review) Active Stock Evaluation – Encana Corporation (NYSE: ECA) (financerater.com)

    ECA has been the subject of a number of research analyst reports. Morgan Stanley raised shares of Encana from an “equal weight” rating to an “overweight” rating and upped their price target for the company from $15.00 to $18.00 in a report on Wednesday, January 24th. Evercore ISI raised shares of Encana from an “in-line” rating to an “outperform” rating and upped their price target for the company from $10.84 to $16.00 in a report on Wednesday, March 7th. Zacks Investment Research downgraded shares of Encana from a “hold” rating to a “sell” rating in a report on Wednesday, January 31st. Scotiabank raised shares of Encana from a “sector perform” rating to an “outperform” rating and upped their price target for the company from $13.00 to $14.00 in a report on Friday, February 16th. Finally, Goldman Sachs cut their price target on shares of Encana from $17.25 to $14.00 and set a “buy” rating for the company in a report on Friday, April 13th. Two analysts have rated the stock with a sell rating, two have given a hold rating, twenty-two have given a buy rating and one has issued a strong buy rating to the stock. The stock presently has a consensus rating of “Buy” and a consensus target price of $15.28.

Top 10 Oil Stocks To Watch Right Now: ConocoPhillips(COP)

Advisors’ Opinion:

  • [By Lee Jackson]

    ConocoPhillips (NYSE: COP) was started with an Outperform rating at BMO Capital Markets with a $74 price target. The Wall Street consensus target for the oil giant is set at $74.35. The shares ended trading Friday at $69.43.

  • [By Max Byerly]

    Intersect Capital LLC lowered its stake in ConocoPhillips (NYSE:COP) by 13.1% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 8,221 shares of the energy producer’s stock after selling 1,237 shares during the period. Intersect Capital LLC’s holdings in ConocoPhillips were worth $572,000 at the end of the most recent quarter.

  • [By Todd Shriber, ETF Professor]

    CFRA has Buy or Strong Buy ratings on 31 energy stocks, including XLE top 10 holdings such as Chevron and ConocoPhillips (NYSE: COP).

    What's Next

    “Bell added that President Trump's decision to exit the Iran deal will lead to sanctions on Iran, which is OPEC's third largest supplier of oil, averaging 3.8 million barrels per day (mmb/d),” said Rosenbluth. “CFRA expects Iran's output to be realistically reduced by about 300,000 b/d. CFRA's equity analytical team thinks investing opportunities are found in not only upstream E&P companies, but also downstream refiners as the spread between WTI and Brent prices widen.”

  • [By Chris Lange]

    The number of ConocoPhillips (NYSE: COP) shares short dropped to 17.34 million from the previous level of 18.27 million. Shares were trading at $68.71, within a 52-week range of $42.27 to $71.71.

  • [By Matthew DiLallo]

    With the mixed signals coming out of OPEC, oil prices could be quite volatile until the organization makes it clear what it intends to do. That could have an effect on financially weaker oil companies that desperately need higher oil prices to provide them with extra cash to firm up their financial foundations. Stronger producers, on the other hand, should continue to do well no matter what OPEC decides since they built their businesses to thrive at much lower oil prices. Three that stand out are ConocoPhillips (NYSE:COP), Anadarko Petroleum (NYSE:APC), and EOG Resources (NYSE:EOG).

Top 10 Oil Stocks To Watch Right Now: Williams Partners L.P.(WPZ)

Advisors’ Opinion:

  • [By Matthew DiLallo]

    Natural gas pipeline giant Williams Companies (NYSE:WMB) announced today that it agreed to acquire the rest of its master limited partnership (MLP) Williams Partners (NYSE:WPZ) that it didn’t already own in a $10.5 billion deal. Not to be outdone, Canadian energy infrastructure giant Enbridge (NYSE:ENB) made an offer to acquire its namesake MLP Enbridge Energy Partners (NYSE:EEP), along with the rest of its publicly traded entities, including Spectra Energy Partners (NYSE:SEP). These transactions have big implications not only for investors in these entities but for those who own other pipeline companies, too.

  • [By Matthew DiLallo]

    Williams Companies is in the midst of a major transition. It recently agreed to acquire the rest of its MLP, Williams Partners (NYSE:WPZ), in a $10.4 billion deal. The pipeline giant is making this acquisition so that it can more easily finance the expansion projects Williams Partners has under development. The transaction would allow it to free up some cash flow and improve its credit metrics, giving it more financial flexibility.

  • [By Max Byerly]

    Get a free copy of the Zacks research report on Williams Pipeline Partners (WPZ)

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

  • [By Lisa Levin] Gainers
    Loxo Oncology, Inc. (NASDAQ: LOXO) rose 17.1 percent to $163.30 in pre-market trading as the company disclosed that LOXO-292 Phase 1 trial abstract was selected for 'Best of ASCO'.
    CytomX Therapeutics, Inc. (NASDAQ: CTMX) rose 11.5 percent to $27.15 in pre-market trading after the company announced presentations at the 2018 ASCO Annual Meeting.
    Check-Cap Ltd. (NASDAQ: CHEK) rose 12.3 percent to $5.47 in pre-market trading after reporting narrower-than-expected Q1 loss.
    Flotek Industries, Inc. (NYSE: FTK) shares rose 7.1 percent to $3.62 in the pre-market trading session.
    Baozun Inc. (NASDAQ: BZUN) shares rose 5.8 percent to $47.65 in pre-market trading after reporting Q1 results.
    World Wrestling Entertainment, Inc. (NYSE: WWE) rose 5.5 percent to $46.00 in pre-market trading.
    Williams Partners L.P. (NYSE: WPZ) rose 5.3 percent to $40.50 in pre-market trading after The Williams Companies, Inc. (NYSE: WMB) announced agreement to acquire all public equity of Williams Partners in a $10.5 billion deal.
    Koss Corporation (NASDAQ: KOSS) shares rose 4.6 percent to $2.72 in pre-market trading after surging 12.55 percent on Wednesday.
    Enphase Energy, Inc. (NASDAQ: ENPH) rose 4.5 percent to $5.85 in pre-market trading after gaining 5.66 percent on Wednesday.
    Farmer Bros. Co. (NASDAQ: FARM) rose 4.1 percent to $27 in pre-market trading after climbing 7.90 percent on Wednesday.
    Kosmos Energy Ltd. (NYSE: KOS) rose 4 percent to $7.70 in pre-market trading.

     

  • [By Maxx Chatsko]

    Simpler organizational structures could yield significant benefits for individual investors. In addition to being easier to follow and understand, it will make it easier than ever to own some of the most important pieces of energy infrastructure in the United States. The proposed merger between Williams Companies (NYSE:WMB) and Williams Partners LP (NYSE:WPZ) is a great example, as it owns some of the best natural gas infrastructure in the United States. Here’s why investors should be bullish on the multi-billion dollar merger.

  • [By Lisa Levin]

    Analysts at Stifel Nicolaus downgraded Williams Partners L.P. (NYSE: WPZ) from Buy to Hold..

    Williams Partners shares fell 0.63 percent to close at $41.23 on Friday.

Top 10 Oil Stocks To Watch Right Now: Apache Corporation(APA)

Advisors’ Opinion:

  • [By Matthew DiLallo]

    In addition, the company continues to find needle-moving expansion projects, having recently unveiled the development of the Permian Highway Pipeline Project. Kinder Morgan is developing the $2 billion natural gas pipeline with private equity-backed EagleClaw Midstream and Apache Corporation (NYSE:APA). It’s a follow-up to the Gulf Coast Express Pipeline (CGX), which is a $1.75 billion gas pipeline it’s building with two other midstream companies and Apache. Kinder Morgan has already started work on GCX, which should be in service by October 2019, while PHP could follow a year later if the company gives it the green light. These projects will help offset some of the growth it will lose by selling Trans Mountain.

  • [By John Bromels]

    Three companies that the market has walloped are Apache Corporation (NYSE:APA), Magellan Midstream Partners (NYSE:MMP), and General Motors (NYSE:GM). Here’s why these stocks look like bargains, and why today might be a good time to scoop up some shares. 

  • [By Logan Wallace]

    Apache (NYSE:APA)‘s stock had its “hold” rating reaffirmed by research analysts at Stifel Nicolaus in a report released on Thursday. They presently have a $49.00 price target on the energy company’s stock. Stifel Nicolaus’ target price suggests a potential upside of 11.80% from the company’s current price.

  • [By Matthew DiLallo]

    Kinder Morgan initially unveiled the Permian Highway Pipeline project in late June, announcing that it signed a letter of intent with private equity-backed EagleClaw Midstream and Apache (NYSE:APA) to develop another new gas pipeline out of the Permian Basin. That project got a big boost of confidence last month when ExxonMobil’s XTO Energy subsidiary signed on to be an anchor shipper. The partners would go on to secure additional shippers for nearly all the pipeline’s remaining capacity, which allowed them to officially sanction the project this week.

Top 10 Oil Stocks To Watch Right Now: Halliburton Company(HAL)

Advisors’ Opinion:

  • [By Ethan Ryder]

    Halliburton (NYSE:HAL) had its buy rating reiterated by analysts at Raymond James. They currently have a $55.00 price target on the stock.

    Hannover Re Common Stock (FRA:HNR1) had its neutral rating reiterated by analysts at DZ Bank AG.

  • [By Shane Hupp]

    FDx Advisors Inc. reduced its holdings in Halliburton (NYSE:HAL) by 19.6% in the 1st quarter, HoldingsChannel.com reports. The fund owned 64,630 shares of the oilfield services company’s stock after selling 15,713 shares during the period. FDx Advisors Inc.’s holdings in Halliburton were worth $3,034,000 at the end of the most recent quarter.

  • [By Stephan Byrd]

    Country Trust Bank lifted its position in Halliburton (NYSE:HAL) by 14.2% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 471,759 shares of the oilfield services company’s stock after acquiring an additional 58,812 shares during the quarter. Country Trust Bank owned 0.05% of Halliburton worth $21,257,000 at the end of the most recent reporting period.

  • [By Max Byerly]

    Halcyon (CURRENCY:HAL) traded 6.7% lower against the dollar during the 24 hour period ending at 0:00 AM ET on August 27th. During the last seven days, Halcyon has traded up 8.4% against the dollar. Halcyon has a market capitalization of $195,292.00 and approximately $16.00 worth of Halcyon was traded on exchanges in the last 24 hours. One Halcyon coin can now be purchased for approximately $0.0313 or 0.00000454 BTC on cryptocurrency exchanges.

  • [By Dan Caplinger]

    The stock market had another topsy-turvy day, with various major benchmarks moving in different directions from each other. The worst losses came for the tech-heavy Nasdaq Composite, which was down largely on worries about social media companies and the potential for government regulation of their operations. Elsewhere, though, a few indexes actually managed to post gains, with investors overcoming anxiety on trade and instead focusing on favorable business fundamentals. Some troubling news affecting certain high-profile individual stocks weighed on the overall market. RH (NYSE:RH), Workday (NASDAQ:WDAY), and Halliburton (NYSE:HAL) were among the worst performers on the day. Here’s why they did so poorly.

  • [By Lisa Levin] Companies Reporting Before The Bell
    Kimberly-Clark Corporation (NYSE: KMB) is expected to report quarterly earnings at $1.71 per share on revenue of $4.60 billion.
    Halliburton Company (NYSE: HAL) is projected to report quarterly earnings at $0.42 per share on revenue of $5.75 billion.
    Lennox International Inc. (NYSE: LII) is estimated to report quarterly earnings at $1.09 per share on revenue of $815.16 million.
    Alaska Air Group, Inc. (NYSE: ALK) is projected to report quarterly loss at $0.12 per share on revenue of $1.82 billion.
    Hasbro, Inc. (NASDAQ: HAS) is expected to report quarterly earnings at $0.35 per share on revenue of $822.15 million.
    Lincoln Electric Holdings, Inc. (NASDAQ: LECO) is projected to report quarterly earnings at $1.08 per share on revenue of $729.83 million.
    Tennant Company (NYSE: TNC) is estimated to report quarterly earnings at $0.15 per share on revenue of $251.93 million.
    FirstEnergy Corp. (NYSE: FE) is projected to report quarterly earnings at $0.67 per share on revenue of $3.43 billion.
    Koninklijke Philips NV (ADR) (NYSE: PHG) is estimated to report earnings for its first quarter.
    Bank of Hawaii Corporation (NYSE: BOH) is expected to report quarterly earnings at $1.23 per share on revenue of $162.39 million.
    Avangrid, Inc. (NYSE: AGR) is projected to report quarterly earnings at $0.79 per share on revenue of $1.72 billion.

     

Top 10 Oil Stocks To Watch Right Now: Transocean Inc.(RIG)

Advisors’ Opinion:

  • [By Reuben Gregg Brewer]

    Deep-sea drilling specialist Transocean Ltd. (NYSE:RIG) jumped 15.2% in September, according to data provided by S&P Global Market Intelligence. There have been a couple of big ups and downs this year, but through the first nine months of 2018, the stock was up a heady 30%. The timing of the September advance, however, coincided with some key news.

  • [By Matthew DiLallo]

    A wave of merger activity has swept across the offshore drilling sector in recent years. The latest news came on Monday when Ensco (NYSE:ESV) announced that it had agreed to buy Rowan in a $12 billion deal. That transaction occurred on the heels of Transocean’s (NYSE:RIG) agreement earlier last month to acquire Ocean Rig for $2.7 billion. Before that, Transocean bought Songa Offshore for $3.4 billion while Ensco acquired Atwood Oceanics.

  • [By Logan Wallace]

    American International Group Inc. grew its position in shares of Transocean LTD (NYSE:RIG) by 7.7% during the 1st quarter, HoldingsChannel.com reports. The institutional investor owned 872,019 shares of the offshore drilling services provider’s stock after buying an additional 62,611 shares during the quarter. American International Group Inc.’s holdings in Transocean were worth $8,633,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

  • [By Dan Caplinger]

    The stock market was mixed on Friday, with the Dow Jones Industrial Average climbing to record heights even as the Nasdaq Composite gave back some of its recent gains. Investors largely continued to play a waiting game, as little in the way of new economic data or readings on the geopolitical environment impeded generally bullish sentiment. Whenever stocks reach lofty heights, pauses are inevitable, but some were nevertheless able to climb higher. Transocean (NYSE:RIG), Novavax (NASDAQ:NVAX), and Steelcase (NYSE:SCS) were among the best performers on the day. Here’s why they did so well.

  • [By Stephan Byrd]

    An issue of Transocean LTD (NYSE:RIG) debt rose 2.5% against its face value during trading on Wednesday. The high-yield debt issue has a 6.8% coupon and will mature on March 15, 2038. The bonds in the issue are now trading at $85.45. Price moves in a company’s debt in credit markets sometimes anticipate parallel moves in its share price.

  • [By The Ticker Tape]

    TD Ameritrade clients appeared to take some profits in multiple names during the period. Oil companies were popular sells with ConocoPhillips (NYSE: COP), BP  PLC (ADR) (NYSE: BP), National-Oilwell Varco Inc. (NYSE: NOV), and Transocean LTD (NYSE: RIG) all net sold. Oil prices traded near three-year highs on higher global demand and possible OPEC-led production cuts. COP and BP both traded at multi-year highs, while NOV and RIG reached 52-week highs, enticing clients to take profits in all four names. Alcoa Corp. (NYSE: AA) traded at levels not seen since before the financial crisis following proposed tariffs on steel and aluminum, and was net sold. For the third month in a row, Facebook, Inc. (NASDAQ: FB) was net sold after CEO Mark Zuckerberg testified before Congress regarding the misuse of user data and a beat on earnings.

Top 10 Oil Stocks To Watch Right Now: Whiting Petroleum Corporation(WLL)

Advisors’ Opinion:

  • [By Logan Wallace]

    Whiting Petroleum Corp (NYSE:WLL) – Analysts at Jefferies Financial Group increased their Q2 2018 earnings per share (EPS) estimates for Whiting Petroleum in a research note issued on Monday, July 9th. Jefferies Financial Group analyst M. Lear now forecasts that the oil and gas exploration company will earn $0.64 per share for the quarter, up from their prior estimate of $0.63. Jefferies Financial Group also issued estimates for Whiting Petroleum’s Q3 2018 earnings at $0.61 EPS, Q4 2018 earnings at $0.86 EPS, FY2018 earnings at $3.02 EPS, Q1 2019 earnings at $1.24 EPS, Q2 2019 earnings at $0.97 EPS, Q3 2019 earnings at $0.64 EPS, Q4 2019 earnings at $0.72 EPS, FY2019 earnings at $3.57 EPS, Q1 2020 earnings at $0.78 EPS, Q2 2020 earnings at $0.77 EPS and FY2020 earnings at $3.15 EPS.

  • [By Logan Wallace]

    Shares of Whiting Petroleum Corp (NYSE:WLL) have been given an average rating of “Buy” by the thirty-two ratings firms that are presently covering the stock, MarketBeat reports. One analyst has rated the stock with a sell recommendation, thirteen have given a hold recommendation, fifteen have given a buy recommendation and one has assigned a strong buy recommendation to the company. The average 1 year price target among brokerages that have issued ratings on the stock in the last year is $46.58.

  • [By Logan Wallace]

    Whiting Petroleum Corp (NYSE:WLL) – Stock analysts at Jefferies Financial Group increased their Q2 2019 earnings estimates for Whiting Petroleum in a research note issued on Wednesday, February 13th. Jefferies Financial Group analyst M. Lear now forecasts that the oil and gas exploration company will earn $0.30 per share for the quarter, up from their previous estimate of $0.28. Jefferies Financial Group also issued estimates for Whiting Petroleum’s Q3 2019 earnings at $0.22 EPS.

  • [By Logan Wallace]

    Whiting Petroleum Corp (NYSE:WLL) gapped up before the market opened on Tuesday . The stock had previously closed at $53.25, but opened at $51.53. Whiting Petroleum shares last traded at $52.01, with a volume of 68181 shares.

  • [By Stephan Byrd]

    Get a free copy of the Zacks research report on Whiting Petroleum (WLL)

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

  • [By Stephan Byrd]

    Oppenheimer began coverage on shares of Whiting Petroleum (NYSE:WLL) in a research note issued to investors on Wednesday. The firm issued an outperform rating and a $67.00 price objective on the oil and gas exploration company’s stock. Oppenheimer also issued estimates for Whiting Petroleum’s Q3 2018 earnings at $0.64 EPS, Q4 2018 earnings at $0.80 EPS, FY2018 earnings at $2.97 EPS, Q3 2019 earnings at $1.45 EPS, Q4 2019 earnings at $1.50 EPS and FY2019 earnings at $5.99 EPS.

Top 10 Oil Stocks To Watch Right Now: Range Resources Corporation(RRC)

Advisors’ Opinion:

  • [By Chris Lange]

    The stock posting the largest daily percentage gain in the S&P 500 ahead of the close Monday was Range Resources Corp. (NYSE: RRC) which rose about 6% to $16.05. The stock’s 52-week range is $11.93 to $25.96. Volume was 8.6 million compared to the daily average volume of 7.4 million.

  • [By Joseph Griffin]

    Media headlines about Range Resources (NYSE:RRC) have been trending somewhat positive on Saturday, Accern Sentiment Analysis reports. The research group identifies positive and negative press coverage by monitoring more than twenty million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Range Resources earned a daily sentiment score of 0.07 on Accern’s scale. Accern also gave media headlines about the oil and gas exploration company an impact score of 46.3371462950661 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the near future.

  • [By Ethan Ryder]

    OppenheimerFunds Inc. lowered its holdings in Range Resources Corp. (NYSE:RRC) by 68.2% in the first quarter, HoldingsChannel.com reports. The fund owned 30,532 shares of the oil and gas exploration company’s stock after selling 65,576 shares during the quarter. OppenheimerFunds Inc.’s holdings in Range Resources were worth $444,000 at the end of the most recent reporting period.

Top 10 Oil Stocks To Watch Right Now: Magellan Midstream Partners L.P.(MMP)

Advisors’ Opinion:

  • [By John Bromels]

    Three companies that the market has walloped are Apache Corporation (NYSE:APA), Magellan Midstream Partners (NYSE:MMP), and General Motors (NYSE:GM). Here’s why these stocks look like bargains, and why today might be a good time to scoop up some shares. 

  • [By Shane Hupp]

    Magellan Midstream Partners, L.P. (NYSE:MMP) has been given an average rating of “Hold” by the seventeen brokerages that are currently covering the firm, Marketbeat.com reports. Five equities research analysts have rated the stock with a sell rating, five have given a hold rating and seven have issued a buy rating on the company. The average 1-year price objective among brokers that have updated their coverage on the stock in the last year is $74.46.

  • [By Matthew DiLallo]

    Magellan Midstream Partners (NYSE:MMP) is one of the best master limited partnerships (MLPs) around. The oil and refined products pipeline and storage company boasts one of the top credit ratings and financial profiles in the sector. As a result, the company’s 5.6%-yielding distribution is on rock-solid ground.

  • [By Leo Sun, John Bromels, and Dan Caplinger]

    September is generally considered a tough month for stocks due to a combination of investors returning from vacations, mutual funds dumping losers before the end of the fiscal year, and tax loss selling. However, there are still plenty of income-generating stocks that are worth buying in this volatile month. Let’s take a look at three stocks that fit that bill: American Eagle Outfitters (NYSE:AEO), Coca-Cola (NYSE:KO), and Magellan Midstream Partners (NYSE:MMP).

  • [By Tyler Crowe]

    Oil and gas investors have been through the wringer over the past few years. Even the most stable investments in this industry — pipelines, processing, and logistics — haven’t been spared. Case in point: Shares of Magellan Midstream Partners (NYSE:MMP) have declined 18% over the past three years despite the company posting consistent revenue and cash flow growth. To top it off, there has been a slew of regulatory and tax changes in recent months that will have a significant impact on this particular industry.

  • [By Danny Vena, Timothy Green, and Reuben Gregg Brewer]

    With that in mind, we asked three Motley Fool investors to choose companies they believed would help baby boomers reach their goals. They offered convincing arguments for Magellan Midstream Partners, L.P. (NYSE:MMP), General Motors Company (NYSE:GM), and Amazon.com, Inc. (NASDAQ:AMZN).

Top 5 Canadian Stocks To Buy For 2019

When Canada’s Public Sector Pension Investment Board tried to redeem $500 million from Boaz Weinstein’s Saba Capital in 2015, the $116 billion pension fund for the Royal Canadian Mounted Police came to believe it was shortchanged during the process. In the fall of 2015, PSP sued Saba Capital, accusing the highly followed hedge fund of “self-dealing” and mis-marking illiquid fund assets to minimize the redemption, thus growing value for its remaining fund investors.

Now, PSP is walking back those incendiary claims in a settlement it has struck with Saba Capital. On Tuesday, PSP said it is putting litigation over the $500 million redemption behind it, resolving the matter with Saba “as a commercial dispute involving a good faith disagreement over the valuation of two highly illiquid corporate bonds.”

Boaz Weinstein, founder and chief investment officer Saba Capital Management LP, speaks at the Bloomberg Hedge Funds Summit in New York: Peter Foley/Bloomberg

Top 5 Canadian Stocks To Buy For 2019: Airgas Inc.(ARG)

Advisors’ Opinion:

  • [By Stephan Byrd]

    Argentum (CURRENCY:ARG) traded 3.6% lower against the US dollar during the one day period ending at 19:00 PM ET on May 27th. In the last week, Argentum has traded 2.8% lower against the US dollar. Argentum has a total market capitalization of $1.66 million and approximately $610.00 worth of Argentum was traded on exchanges in the last day. One Argentum coin can currently be purchased for about $0.17 or 0.00002374 BTC on popular cryptocurrency exchanges including Cryptopia and CoinExchange.

Top 5 Canadian Stocks To Buy For 2019: Wells Fargo & Company(WFC)

Advisors’ Opinion:

  • [By Jon C. Ogg]

    Wells Fargo & Company (NYSE: WFC) was valued at $26.4 billion, and the stake of 452.01 million shares is down slightly from the prior 456.5 million shares.

  • [By Chris Lange]

    Wells Fargo & Co. (NYSE: WFC) short interest shrank to 29.85 million shares from the previous reading of 31.68 million. Shares were trading at $52.50, within a 52-week range of $49.27 to $66.31.

  • [By Steve Symington]

    But some individual companies delivered much more pronounced jumps than the broader market. Read on to learn why Wells Fargo (NYSE:WFC), Overstock.com (NASDAQ:OSTK), and KB Home (NYSE:KBH) climbed higher today.

  • [By Matthew Frankel]

    When it comes to U.S. banks, there are four that are in a league of their own when it comes to size: JPMorgan Chase (NYSE:JPM), Bank of America (NYSE:BAC), Citigroup (NYSE:C), and Wells Fargo (NYSE:WFC).

Top 5 Canadian Stocks To Buy For 2019: PennyMac Mortgage Investment Trust(PMT)

Advisors’ Opinion:

  • [By Stephan Byrd]

    Pennymac Mortgage Investment (NYSE:PMT) shares reached a new 52-week high and low on Monday . The company traded as low as $18.60 and last traded at $18.62, with a volume of 19306 shares changing hands. The stock had previously closed at $18.50.

  • [By Stephan Byrd]

    Pennymac Mortgage Investment (NYSE:PMT) – Equities researchers at Wedbush lifted their Q1 2019 earnings per share estimates for shares of Pennymac Mortgage Investment in a research note issued to investors on Thursday, May 10th. Wedbush analyst J. Weaver now anticipates that the real estate investment trust will post earnings per share of $0.36 for the quarter, up from their previous estimate of $0.34. Wedbush also issued estimates for Pennymac Mortgage Investment’s Q2 2019 earnings at $0.43 EPS, Q3 2019 earnings at $0.43 EPS, Q4 2019 earnings at $0.52 EPS and FY2019 earnings at $1.74 EPS.

Top 5 Canadian Stocks To Buy For 2019: Nu Skin Enterprises Inc.(NUS)

Advisors’ Opinion:

  • [By Joseph Griffin]

    Nu Skin Enterprises, Inc. (NYSE:NUS) President Ryan S. Napierski sold 10,000 shares of the firm’s stock in a transaction dated Friday, August 3rd. The stock was sold at an average price of $80.00, for a total value of $800,000.00. Following the sale, the president now directly owns 74,602 shares of the company’s stock, valued at $5,968,160. The transaction was disclosed in a document filed with the SEC, which is available through this link.

  • [By Ethan Ryder]

    Get a free copy of the Zacks research report on Nu Skin Enterprises (NUS)

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

  • [By Logan Wallace]

    BlackRock Inc. boosted its stake in Nu Skin Enterprises, Inc. (NYSE:NUS) by 11.5% during the second quarter, HoldingsChannel.com reports. The firm owned 6,143,407 shares of the company’s stock after buying an additional 635,246 shares during the period. BlackRock Inc. owned 0.11% of Nu Skin Enterprises worth $480,352,000 at the end of the most recent quarter.

  • [By Ethan Ryder]

    Get a free copy of the Zacks research report on Nu Skin Enterprises (NUS)

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

  • [By Joseph Griffin]

    Vident Investment Advisory LLC acquired a new stake in Nu Skin Enterprises, Inc. (NYSE:NUS) in the second quarter, according to the company in its most recent filing with the SEC. The firm acquired 4,458 shares of the company’s stock, valued at approximately $349,000.

  • [By Shane Hupp]

    Shares of Nu Skin Enterprises, Inc. (NYSE:NUS) reached a new 52-week high and low during trading on Wednesday . The company traded as low as $81.72 and last traded at $81.25, with a volume of 3382 shares traded. The stock had previously closed at $80.34.

Top 5 Canadian Stocks To Buy For 2019: Encana Corporation(ECA)

Advisors’ Opinion:

  • [By Stephan Byrd]

    Sentinel Trust Co. LBA lessened its stake in shares of Encana Corp (NYSE:ECA) (TSE:ECA) by 37.4% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 328,255 shares of the oil and gas company’s stock after selling 195,760 shares during the quarter. Encana accounts for about 1.0% of Sentinel Trust Co. LBA’s investment portfolio, making the stock its 26th largest position. Sentinel Trust Co. LBA’s holdings in Encana were worth $4,283,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

  • [By Shane Hupp]

    Electra (CURRENCY:ECA) traded 3.4% lower against the dollar during the 24-hour period ending at 18:00 PM Eastern on June 4th. Electra has a total market capitalization of $45.83 million and approximately $326,372.00 worth of Electra was traded on exchanges in the last 24 hours. One Electra coin can currently be bought for $0.0018 or 0.00000024 BTC on cryptocurrency exchanges including Novaexchange, Octaex, Fatbtc and Cryptopia. In the last seven days, Electra has traded 12.8% higher against the dollar.

  • [By Max Byerly]

    Here are some of the news stories that may have effected Accern Sentiment’s rankings:

    Get Encana alerts:

    Encana Corp (ECA) Rising Higher 7.95% Over the Past Four Weeks (fisherbusinessnews.com) Encana Corporation (ECA) Most Active Stock Price trades 19.10% off from 200- SMA (nasdaqchronicle.com) Mid-Day Movers –: Encana Corporation (NYSE:ECA), CSX Corporation (NASDAQ:CSX), MGIC Investment Corporation … (journalfinance.net) Featured Stock: Encana Corporation (ECA) (stockquote.review) Active Stock Evaluation – Encana Corporation (NYSE: ECA) (financerater.com)

    ECA has been the subject of a number of research analyst reports. Morgan Stanley raised shares of Encana from an “equal weight” rating to an “overweight” rating and upped their price target for the company from $15.00 to $18.00 in a report on Wednesday, January 24th. Evercore ISI raised shares of Encana from an “in-line” rating to an “outperform” rating and upped their price target for the company from $10.84 to $16.00 in a report on Wednesday, March 7th. Zacks Investment Research downgraded shares of Encana from a “hold” rating to a “sell” rating in a report on Wednesday, January 31st. Scotiabank raised shares of Encana from a “sector perform” rating to an “outperform” rating and upped their price target for the company from $13.00 to $14.00 in a report on Friday, February 16th. Finally, Goldman Sachs cut their price target on shares of Encana from $17.25 to $14.00 and set a “buy” rating for the company in a report on Friday, April 13th. Two analysts have rated the stock with a sell rating, two have given a hold rating, twenty-two have given a buy rating and one has issued a strong buy rating to the stock. The stock presently has a consensus rating of “Buy” and a consensus target price of $15.28.

  • [By Shane Hupp]

    Electra (CURRENCY:ECA) traded down 5.1% against the U.S. dollar during the 24-hour period ending at 15:00 PM E.T. on June 12th. Over the last seven days, Electra has traded down 25.7% against the U.S. dollar. Electra has a market cap of $34.53 million and approximately $134,011.00 worth of Electra was traded on exchanges in the last 24 hours. One Electra coin can currently be bought for $0.0013 or 0.00000020 BTC on exchanges including CryptoBridge, Fatbtc, CoinFalcon and Coinhouse.

  • [By Matthew DiLallo]

    Canada’s Montney Shale doesn’t currently capture investors’ attention like the Permian Basin. However, that doesn’t mean it’s a second-tier play. Quite the contrary since, like the Permian, it’s a resource-rich region with as many as six drillable formations that produce highly economic liquids-rich natural gas. Because of those features, it has become an important growth driver for companies like Encana (NYSE:ECA).

Top 5 Oil Stocks To Own For 2019

Oil marketing companies (OMCs) such as HPCL, IOC, and BPCL saw a double-digit cut and hit fresh 52-week lows after global brokerages downgraded the stocks and also reduced their target price. The government on Thursday announced a Rs 2.5 per litre reduction in petrol and diesel prices.

The central excise duty has been cut by Rs 1.5 per litre while OMCs have been asked to absorb a cut of Rs 1 per litre. This will impact margins as well as earnings of HPCL, BPCL, and IOC.

CLSA maintained sell rating on IOC, HPCL, and BPCL and reduced target prices on each. For IOC, the global investment bank slashed target price to Rs 105 from Rs 155 earlier, while for BPCL it reduced the target price to Rs 240 from Rs 390 earlier. For HPCL, CLSA reduced its target price to Rs 150 from Rs 270 earlier.

The government’s move will bring down the earnings per share (EPS) by 23-46%. It raised fears of a return of subsidy regime if crude spikes further in upcoming elections, said the note. “ONGC and GAIL may also be impacted but these are already build-in risk,” it said.

Top 5 Oil Stocks To Own For 2019: Magellan Midstream Partners L.P.(MMP)

Advisors’ Opinion:

  • [By Reuben Gregg Brewer]

    Investing when you are young is generally focused on growing your nest egg. And as you near retirement, that starts to change to a goal of living off your savings. Doing that can be a lot easier if you focus on dividend-paying companies backed by stable businesses. Here are three high-yield stocks that fit that bill: Magellan Midstream Partners LP (NYSE:MMP), Duke Energy Corporation (NYSE:DUK), and Procter & Gamble (NYSE:PG).

  • [By Matthew DiLallo]

    That’s why those who like dividends will undoubtedly love what Enterprise Products Partners (NYSE:EPD), Magellan Midstream Partners (NYSE:MMP), and MPLX (NYSE:MPLX) have to offer. Not only does this trio of energy midstream master limited partnerships (MLPs) pay well-above-average dividends that currently have yields of between 5.6% and 7.2%, but they have consistently increased their payment rate each quarter. With those payouts on rock-solid ground and more growth in the forecast, this trio of MLPs is perfect for dividend fans.

  • [By ]

    Crude prices recovered sharply from the profit-taking that we saw ahead of yesterday’s news events, and it is in the Saudis’ best interest to maintain higher market prices as long as the Saudi Aramco deal remains in the future. That said, the U.S. dollar continues to strengthen versus the greenback’s peers, and that could act as a weight upon all commodity prices if that condition were to persist.

    Trade Idea: Magellan Midstream Partners (MMP)

    You’ve heard all about the bottlenecks in domestic distribution. Now, you’ve heard Secretary Mnuchin talk about production. Still, we have to get this stuff to market. When it comes to energy, I have focused on oil services, hence my well-known long positions in both Action Alerts PLUS holding Schlumberger (SLB) , and Halliburton (HAL) .

  • [By Reuben Gregg Brewer]

    To put a number on its distribution growth, Phillips 66 Partners has increased its disbursement for 16 consecutive quarters (every quarter since its IPO) at a compound annual growth rate of 31%. That’s roughly the target it laid out for its first five years as a public entity. That is, of course, off of a low starting base. The year-over-year increase in the first-quarter distribution was around 20% — still a very impressive number when peers like Enterprise and Magellan Midstream Partners (NYSE:MMP) are offering up mid-to-high single-digit increases. (Kinder Morgan’s dividend growth will be huge in the coming years, but that’s a function of increasing the dividend after a painful cut.)   

  • [By John Bromels]

    Luckily, the oil and gas sector is one of the best places in the entire stock market to look for reliable investment picks that you can buy and leave alone in your portfolio for months — or even years — at a time. And three of the most solid choices right now, for my money, are Royal Dutch Shell (NYSE:RDS-A)(NYSE:RDS-B), Total SA (NYSE:TOT), and Magellan Midstream Partners (NYSE:MMP).

Top 5 Oil Stocks To Own For 2019: Encana Corporation(ECA)

Advisors’ Opinion:

  • [By Max Byerly]

    Here are some of the news stories that may have effected Accern Sentiment’s rankings:

    Get Encana alerts:

    Encana Corp (ECA) Rising Higher 7.95% Over the Past Four Weeks (fisherbusinessnews.com) Encana Corporation (ECA) Most Active Stock Price trades 19.10% off from 200- SMA (nasdaqchronicle.com) Mid-Day Movers –: Encana Corporation (NYSE:ECA), CSX Corporation (NASDAQ:CSX), MGIC Investment Corporation … (journalfinance.net) Featured Stock: Encana Corporation (ECA) (stockquote.review) Active Stock Evaluation – Encana Corporation (NYSE: ECA) (financerater.com)

    ECA has been the subject of a number of research analyst reports. Morgan Stanley raised shares of Encana from an “equal weight” rating to an “overweight” rating and upped their price target for the company from $15.00 to $18.00 in a report on Wednesday, January 24th. Evercore ISI raised shares of Encana from an “in-line” rating to an “outperform” rating and upped their price target for the company from $10.84 to $16.00 in a report on Wednesday, March 7th. Zacks Investment Research downgraded shares of Encana from a “hold” rating to a “sell” rating in a report on Wednesday, January 31st. Scotiabank raised shares of Encana from a “sector perform” rating to an “outperform” rating and upped their price target for the company from $13.00 to $14.00 in a report on Friday, February 16th. Finally, Goldman Sachs cut their price target on shares of Encana from $17.25 to $14.00 and set a “buy” rating for the company in a report on Friday, April 13th. Two analysts have rated the stock with a sell rating, two have given a hold rating, twenty-two have given a buy rating and one has issued a strong buy rating to the stock. The stock presently has a consensus rating of “Buy” and a consensus target price of $15.28.

  • [By Keith Noonan, Travis Hoium, and Matthew DiLallo]

    We asked three Motley Fool investors to profile some of the best under-the-radar growth stocks on the market today. Read on to see why they selected Encana (NYSE:ECA), Activision Blizzard (NASDAQ:ATVI), and Baozun (NASDAQ:BZUN) as top growth stocks for in-the-know investors.

  • [By Ethan Ryder]

    Electra (CURRENCY:ECA) traded down 22.1% against the dollar during the 1 day period ending at 11:00 AM Eastern on August 14th. One Electra coin can currently be purchased for approximately $0.0004 or 0.00000007 BTC on cryptocurrency exchanges including Cryptohub, CryptoBridge, Cryptopia and Novaexchange. In the last seven days, Electra has traded 36.7% lower against the dollar. Electra has a total market capitalization of $11.78 million and approximately $119,848.00 worth of Electra was traded on exchanges in the last day.

  • [By Shane Hupp]

    Electra (CURRENCY:ECA) traded down 5.1% against the U.S. dollar during the 24-hour period ending at 15:00 PM E.T. on June 12th. Over the last seven days, Electra has traded down 25.7% against the U.S. dollar. Electra has a market cap of $34.53 million and approximately $134,011.00 worth of Electra was traded on exchanges in the last 24 hours. One Electra coin can currently be bought for $0.0013 or 0.00000020 BTC on exchanges including CryptoBridge, Fatbtc, CoinFalcon and Coinhouse.

  • [By Matthew DiLallo]

    Today, however, many drillers are setting a high bar for new wells. EOG Resources (NYSE:EOG) has been one of the leaders in disrupting the former way of thinking by establishing a high return hurdle rate for new wells of 30% after-tax at $40 oil. Others followed with similar return-focused approaches, including Encana (NYSE:ECA), which needs locations to achieve a 35% after-tax return at $50 oil to meet its premium hurdle rate. 

  • [By Stephan Byrd]

    Sentinel Trust Co. LBA lessened its stake in shares of Encana Corp (NYSE:ECA) (TSE:ECA) by 37.4% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 328,255 shares of the oil and gas company’s stock after selling 195,760 shares during the quarter. Encana accounts for about 1.0% of Sentinel Trust Co. LBA’s investment portfolio, making the stock its 26th largest position. Sentinel Trust Co. LBA’s holdings in Encana were worth $4,283,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Top 5 Oil Stocks To Own For 2019: Apache Corporation(APA)

Advisors’ Opinion:

  • [By Chris Lange]

    The S&P 500 stock posting the largest daily percentage loss ahead of the close was Apache Corp. (NYSE: APA) which traded down about 4% at $42.73. The stock’s 52-week range is $33.60 to $51.21. Volume was over 6 million compared to the daily average volume of 4.5 million.

  • [By John Bromels]

    Three such companies that look like good buys right now are Royal Dutch Shell (NYSE:RDS-A)(NYSE:RDS-B), Enterprise Products Partners (NYSE:EPD), and Apache Corporation (NYSE:APA). Here’s why they may be good picks for your portfolio:

  • [By Jason Hall]

    Since oil prices peaked in 2014, both Total and Shell have managed to generate positive total returns for investors who held through the downturn, in large part because of their diverse operations. Neither has come close to outperforming the S&P 500, but it could have been far worse; one only has to look at some of the biggest independent oil producers, including Apache Corporation (NYSE:APA) (down 53%), Anadarko Petroleum Corporation (NYSE:APC) (down 33%), and Continental Resources, Inc. (NYSE:CLR) (down 12.3%) to appreciate the benefit of Total’s and Shell’s more diversified operations. 

  • [By ]

    Presto, West Texas Intermediate crude rose 3% to $71.18, the highest since December 2014, boosting shares of oil companies including Occidental (OXY) , which gained 4.8%, Marathon (MRO) , up 3.8%, and Apache (APA) , which gained 2.5%. Spot gasoline also rose 2.7% to $2.17 a gallon, boding ill for the summer driving season in the U.S. and potentially eroding any gains middle-class Americans received from the Trump tax cuts.

  • [By Max Byerly]

    Get a free copy of the Zacks research report on Apache (APA)

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

  • [By Ethan Ryder]

    Commonwealth Bank of Australia boosted its holdings in Apache Co. (NYSE:APA) by 24.1% during the second quarter, Holdings Channel reports. The fund owned 87,322 shares of the energy company’s stock after buying an additional 16,938 shares during the quarter. Commonwealth Bank of Australia’s holdings in Apache were worth $4,077,000 at the end of the most recent reporting period.

Top 5 Oil Stocks To Own For 2019: Whiting Petroleum Corporation(WLL)

Advisors’ Opinion:

  • [By Joseph Griffin]

    Whiting Petroleum Co. (NYSE:WLL) – Equities research analysts at Piper Jaffray Companies lifted their Q2 2018 earnings estimates for Whiting Petroleum in a research note issued on Sunday, May 20th. Piper Jaffray Companies analyst K. Harrison now forecasts that the oil and gas exploration company will earn $0.85 per share for the quarter, up from their previous forecast of $0.33. Piper Jaffray Companies currently has a “Hold” rating and a $46.00 target price on the stock. Piper Jaffray Companies also issued estimates for Whiting Petroleum’s Q3 2018 earnings at $0.97 EPS, Q4 2018 earnings at $1.16 EPS, FY2018 earnings at $3.90 EPS, Q1 2019 earnings at $1.70 EPS, Q2 2019 earnings at $1.48 EPS, Q3 2019 earnings at $1.47 EPS, Q4 2019 earnings at $1.59 EPS and FY2019 earnings at $6.24 EPS.

  • [By Stephan Byrd]

    Oppenheimer began coverage on shares of Whiting Petroleum (NYSE:WLL) in a research note issued to investors on Wednesday. The firm issued an outperform rating and a $67.00 price objective on the oil and gas exploration company’s stock. Oppenheimer also issued estimates for Whiting Petroleum’s Q3 2018 earnings at $0.64 EPS, Q4 2018 earnings at $0.80 EPS, FY2018 earnings at $2.97 EPS, Q3 2019 earnings at $1.45 EPS, Q4 2019 earnings at $1.50 EPS and FY2019 earnings at $5.99 EPS.

  • [By Stephan Byrd]

    ClariVest Asset Management LLC acquired a new stake in shares of Whiting Petroleum Corp (NYSE:WLL) during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor acquired 53,424 shares of the oil and gas exploration company’s stock, valued at approximately $2,816,000.

Top 5 Oil Stocks To Own For 2019: Williams Partners L.P.(WPZ)

Advisors’ Opinion:

  • [By Matthew DiLallo]

    Williams Companies (NYSE:WMB) was off to a great start in 2018 thanks to the growth of its majority-owned master limited partnership, Williams Partners (NYSE:WPZ). There’s plenty more where that came from, which was clear from the comments of CEO Alan Armstrong on the accompanying quarterly conference call. While he didn’t fill in every detail about what lies ahead, he made sure investors knew that the company’s future looks bright.

  • [By Lisa Levin] Gainers
    Carver Bancorp, Inc. (NASDAQ: CARV) shares jumped 92.1 percent to $7.01.
    iPic Entertainment Inc. (NASDAQ: IPIC) gained 21.6 percent to $9.73.
    Baozun Inc. (NASDAQ: BZUN) shares jumped 18.7 percent to $53.49 after reporting Q1 results.
    World Wrestling Entertainment, Inc. (NYSE: WWE) shares jumped 15.9 percent to $50.50. The company's "Smackdown Live" may not be renewed at NBCUniversal network and the company's "Monday Night Raw" program could be worth three times its current value elsewhere, according to a report for The Hollywood Reporter.
    Spectrum Pharmaceuticals, Inc. (NASDAQ: SPPI) gained 14.7 percent to $ 20.46 after the company issued further details on Phase 3 ADVANCE study of ROLONTIS.
    Motus GI Holdings, Inc. (NASDAQ: MOTS) climbed 13.4 percent to $5.5009.
    Endocyte, Inc. (NASDAQ: ECYT) rose 13.3 percent to $ 14.23 after the company announced presentation of Phase 2 data from prostate cancer trial of 177Lu-PSMA-617 at the 2018 ASCO Annual Meeting.
    Diana Containerships Inc. (NASDAQ: DCIX) gained 12.9 percent to $1.7499 after the company announced the sale of Post-Panamax Container Vessel for $21 million.
    Essendant Inc. (NASDAQ: ESND) gained 12.7 percent to $12.43. Essendant confirmed receipt of unsolicited proposal from Staples of $11.50 per share in cash.
    Blink Charging Co (NASDAQ: BLNK) rose 11.8 percent to $8.04 after surging 31.68 percent on Wednesday.
    OptimumBank Holdings, Inc. (NASDAQ: OPHC) gained 11.5 percent to $5.15.
    Flotek Industries, Inc. (NYSE: FTK) shares climbed 10.7 percent to $3.74.
    Farmer Bros. Co. (NASDAQ: FARM) rose 7.9 percent to $25.95 after climbing 7.90 percent on Wednesday.
    Minerva Neurosciences Inc (NASDAQ: NERV) rose 6.5 percent to $6.93 after Journal of Clinical Psychiatry published positive results of cognitive performance from Phase 2B trial of roluperidone in schizophrenia patients.
    Williams Partners L.P. (NYSE: WPZ) rose 5.6 percent to $40
  • [By Reuben Gregg Brewer]

    There’s an interesting dichotomy here, however. Crestwood was looking to stay financially disciplined, but it also needed to invest to grow. Doing both at the same time is difficult, which is why it partnered up with Con Ed in the Marcellus region, Shell Midstream Partners LP (NYSE:SHLX) and First Reserve in the Delaware Basin, and Williams Partners (NYSE:WPZ) in the Powder River basin. These agreements allow Crestwood to keep expanding its business without having to foot the entire bill for the investments.