Tag Archives: WPZ

Top Oil Stocks To Buy For 2023

For those not in the loop, stocks in the Zacks  Transportation – Shipping  industry are responsible for ferrying a high proportion of goods involved in world trade. Consequently, the demand-weakness due to coronavirus-led disruptions has been a huge setback to the industry players so far. However, the easing of pandemic-induced restrictions and the resultant uptick in economic activities left a bullish impact on the shipping stocks as trading volumes gain traction.
Players like Star Bulk Carriers (SBLK Quick QuoteSBLK ) , Costamare (CMRE Quick QuoteCMRE ) , Genco Shipping....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>>>

Best Oil Stocks For 2023

Chevron Corporation (CVX Quick QuoteCVX ) through its subsidiary Chevron U.S.A. Inc. announced a memorandum of understanding (MOU) of a proposed joint venture with Bunge Limited’s (BG Quick QuoteBG ) unit Bunge North America, Inc., a global leader in the procurement, processing, and distribution of oilseed and grain products plus additives. The MOU aims to explore a potential collaboration to meet growing demand for renewable fuels and produce lower-carbon feedstocks.

Chevron and Bunge’s joint venture, once completed, will provide both companies with a reliable supply....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>>>

Best Oil Stocks To Invest In Right Now

FuelCell Energy (NASDAQ:FCEL) has been a public company for roughly three decades. However, it has yet to find its footing, marked by negative top-line, bottom-line, and cash flow growth. Since the beginning of the year, its performance has been abysmal, with poor operating results in the first half. The third quarter should be more of the same, which will put more pressure on FCEL stock.

Source: Kaca Skokanova/Shutterstock

FCEL stock has shed more than 45% of its value since the beginning of the year. Its torrid performance is linked to its litigations with Posco Energy and....More>>>