Top 5 Energy Stocks To Own Right Now

Prudential Financial Inc. lifted its position in shares of PDC Energy Inc (NASDAQ:PDCE) by 63.0% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 179,262 shares of the energy producer’s stock after buying an additional 69,270 shares during the period. Prudential Financial Inc.’s holdings in PDC Energy were worth $5,335,000 at the end of the most recent quarter.

Other hedge funds have also recently bought and sold shares of the company. State of Alaska Department of Revenue raised its holdings in PDC Energy by 1.5% during the fourth quarter. State of Alaska Department of Revenue now owns 22,090 shares of the energy producer’s stock worth $657,000 after acquiring an additional 325 shares in the last quarter. Piedmont Investment Advisors Inc. raised its holdings in PDC Energy by 3.3% during the fourth quarter. Piedmont Investment Advisors Inc. now owns 15,729 shares of the energy producer’s stock worth $468,000 after acquiring an additional 504 shares in the last quarter. Teton Advisors Inc. raised its holdings in PDC Energy by 8.5% during the fourth quarter. Teton Advisors Inc. now owns 7,700 shares of the energy producer’s stock worth $229,000 after acquiring an additional 600 shares in the last quarter. Dubuque Bank & Trust Co. bought a new stake in PDC Energy during the fourth quarter worth about $26,000. Finally, Virginia Retirement Systems ET AL raised its holdings in PDC Energy by 10.2% during the third quarter. Virginia Retirement Systems ET AL now owns 18,400 shares of the energy producer’s stock worth $901,000 after acquiring an additional 1,700 shares in the last quarter.

Top 5 Energy Stocks To Own Right Now: California Resources Corporation(CRC)

Advisors’ Opinion:

  • [By Stephan Byrd]

    California Resources Corp (NYSE:CRC) was up 0.1% during trading on Tuesday . The company traded as high as $46.81 and last traded at $47.09. Approximately 89,952 shares changed hands during mid-day trading, a decline of 94% from the average daily volume of 1,570,078 shares. The stock had previously closed at $47.15.

  • [By Matthew DiLallo]

    The biggest winner last quarter was California Resources (NYSE:CRC), which rocketed an eye-popping 162%. Fueling the company’s rally were higher oil prices, a needle-moving acquisition, and the announcement of a surprise profit for the first quarter.

  • [By Logan Wallace]

    Get a free copy of the Zacks research report on California Resources (CRC)

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

  • [By Ethan Ryder]

    Get a free copy of the Zacks research report on California Resources (CRC)

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

Top 5 Energy Stocks To Own Right Now: World Fuel Services Corporation(INT)

Advisors’ Opinion:

  • [By Ethan Ryder]

    World Fuel Services Corp (NYSE:INT) – Equities research analysts at Seaport Global Securities issued their Q1 2020 earnings per share (EPS) estimates for World Fuel Services in a research report issued to clients and investors on Thursday, March 7th. Seaport Global Securities analyst K. Sterling forecasts that the oil and gas company will earn $0.56 per share for the quarter. Seaport Global Securities currently has a “Buy” rating and a $40.00 target price on the stock. Seaport Global Securities also issued estimates for World Fuel Services’ Q2 2020 earnings at $0.60 EPS, Q3 2020 earnings at $0.80 EPS, Q4 2020 earnings at $0.74 EPS and FY2020 earnings at $2.70 EPS.

  • [By Shane Hupp]

    Get a free copy of the Zacks research report on World Fuel Services (INT)

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

  • [By Stephan Byrd]

    Internet Node Token (CURRENCY:INT) traded 1.6% lower against the US dollar during the 1 day period ending at 21:00 PM ET on June 6th. In the last seven days, Internet Node Token has traded 19.6% lower against the US dollar. Internet Node Token has a total market cap of $32.85 million and $6.97 million worth of Internet Node Token was traded on exchanges in the last 24 hours. One Internet Node Token token can now be bought for $0.22 or 0.00002838 BTC on exchanges including OKEx, CoinEgg and Allcoin.

  • [By Ethan Ryder]

    Get a free copy of the Zacks research report on World Fuel Services (INT)

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

  • [By Shane Hupp]

    World Fuel Services (NYSE:INT) has earned an average rating of “Hold” from the seven research firms that are presently covering the stock, MarketBeat.com reports. Two investment analysts have rated the stock with a sell rating, three have issued a hold rating and one has assigned a buy rating to the company. The average 1 year price objective among analysts that have covered the stock in the last year is $38.00.

Top 5 Energy Stocks To Own Right Now: Northgate Minerals Corporation(NXG)

Advisors’ Opinion:

  • [By Shane Hupp]

    Shares of NEX Group PLC (LON:NXG) have been given an average rating of “Hold” by the nine ratings firms that are presently covering the company, Marketbeat.com reports. One research analyst has rated the stock with a sell recommendation, four have assigned a hold recommendation and four have assigned a buy recommendation to the company. The average 1 year price objective among analysts that have issued ratings on the stock in the last year is GBX 696 ($9.21).

Top 5 Energy Stocks To Own Right Now: WPX Energy, Inc.(WPX)

Advisors’ Opinion:

  • [By Matthew DiLallo]

    Meanwhile, WPX Energy (NYSE:WPX) is cutting its 2019 capital budget. The company initially expected to spend between $1.45 billion and $1.65 billion this year, which would have been enough money to grow its U.S. oil volumes 25% to 30% from last year’s level. The recent crash in crude prices, however, forced the company to reduce the range to between $1.1 billion and $1.275 billion, which is still enough to increase its output 20% from 2018’s average. Overall, the company noted that it’s forecasting only a 6% impact on its original production guidance despite a 23% spending reduction.

  • [By Joseph Griffin]

    WPX Energy Inc (NYSE:WPX) – Investment analysts at Capital One Financial boosted their FY2018 earnings per share estimates for shares of WPX Energy in a report released on Tuesday, September 18th. Capital One Financial analyst B. Velie now expects that the oil and gas producer will post earnings per share of $0.22 for the year, up from their prior estimate of $0.21. Capital One Financial also issued estimates for WPX Energy’s FY2019 earnings at $0.66 EPS.

  • [By Matthew DiLallo]

    However, oil prices have declined significantly since the company previewed its 2019 plans. That plunge caused several rivals to cut their spending in 2019. WPX Energy (NYSE:WPX), for example, initially expected to invest between $1.45 billion and $1.65 billion in 2019, which was an increase from its $1.3 billion to $1.4 billion range for 2018. WPX Energy has since slashed its budget range down to $1.1 billion-$1.275 billion in response to the decline in oil prices, which have gone from above $70 a barrel in early October to the low $50s in recent weeks.

Top 5 Energy Stocks To Own Right Now: Apache Corporation(APA)

Advisors’ Opinion:

  • [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.

  • [By John Bromels]

    Three stocks with outsized prospects for doing just that are uniform renter Cintas (NASDAQ:CTAS), oil and gas driller Apache Corp. (NYSE:APA), and natural gas pipeline operator Kinder Morgan (NYSE:KMI). Here’s why I recommend them.

  • [By John Bromels]

    When most people think about oil and gas drillers, they think about integrated majors like ExxonMobil (NYSE:XOM) or maybe a producer whose name they’ve seen on a gas station, like Hess (NYSE:HES). One most don’t think about is Apache Corporation (NYSE:APA). 

  • [By John Bromels]

    And despite the stock market’s long bull run, there are still some dividend stocks out there that are both cheap and high-quality. So let’s go bargain shopping and see if we can find some! Three in the bargain bin that look promising are Kinder Morgan (NYSE:KMI), ExxonMobil (NYSE:XOM), and Apache Corporation (NYSE:APA). Here’s why they might be right for your portfolio.

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

    If you’re shopping for great buys in the oil patch right now, three Motley Fool contributors think you should take a close look at tech-heavy but asset-light oilfield services provider Core Laboratories N.V. (NYSE:CLB), value-priced independent oil producer Apache Corporation (NYSE:APA), and refining giant Marathon Petroleum Corp (NYSE:MPC). 

  • [By Matthew DiLallo]

    The IEA’s forecast bodes well for oil stocks, especially those that have underperformed during the rally over the past year. Two that stand out are Newfield Exploration (NYSE:NFX) and Apache (NYSE:APA), since both have lost value even though oil has been red-hot. Because of that, they trade at dirt cheap valuations versus their peers. That underperformance doesn’t make sense given the growth these companies can deliver at much lower oil prices.

Leave a Reply

Your email address will not be published. Required fields are marked *