Eq: Energy

Eq: Energy (48)

Friday, 09 July 2021 18:25

Energy Stocks Wallstreet Loves as Crude Oil Peaks

Written by

(Houston)

Oil prices are surging as a comeback in the U.S. economy boosts demand…see the full story on our partner Magnifi’s site.

Wednesday, 07 July 2021 17:59

Goldman Says to Load Up on Oil Stocks

Written by

(Houston)

Oil prices are at a fresh peak seemingly every day. Some who have been watching the space for years might be wondering if that will prove fleeting or if it is the start of a big bull market run. Goldman sees oil as staying between $75-80 per barrel over the next 18 months, which will help companies deleverage and improve their returns. OPEC seems likely to be supportive of current prices. Given all this, Goldman thinks oil stocks are a good idea, recommending Occidental, Exxon-Mobil, Devon, Hess, and Schlumberger, among others.


FINSUM: If you believe in the economic recovery then commodities seem likely to have a strong run, oil included.

Thursday, 01 July 2021 14:47

Goldman Sachs Says These Stocks are Set to Boom

Written by

(New York)

Stock and commodity prices have been all over the place of late…see the full story on our partner Magnifi’s site

Friday, 11 June 2021 15:44

Why This Commodities Boom Will Last

Written by

(Houston)

The commodities boom has been going on since at least late last year, but the big question is where the booms in many underlying raw materials can last. At least as it concerns major commodities like oil, minerals, and lumber, the answer is a big yes. The reason why is that the current boom has to do with underinvestment in production over the last 18 months, a problem that is hard to solve quickly. This means demand will outstrip supply for the foreseeable future in many areas. Lumber is a good example, where underinvestment has led to soaring prices.


FINSUM: Capital has not been adequately invested to meet the demand of consumers and prices are showing it. Equilibrium will take some find to find. There is a nice runway for commodities.

Thursday, 27 May 2021 16:32

Why ESG is Making Oil Incredibly Valuable

Written by

(Houston)

Environmentally, Social and Corporate Governance (ESG) investing is getting all of the attention from both news outlets and traders, but some investors think too much attention is being diverted from fossil fuels. They argue that oil is now a sin stock, where many investors stay away because of the nature of the good (e.g. alcohol, defense, gambling, and tobacco). Sin stocks traditionally outpace the market, under the wisdom that they remain perpetual value stocks because socially conscious investors stay away, and oil ETFs are starting to outperform renewable ETFs. In reality, sin stocks don’t get their boost from value but rather higher operating margins, and oil is one of the most competitive with low to negative margins depending on how far upstream the extraction is. While oil is moving out of environmental favor it isn’t quite a sin stock yet because it also lacks the capital intensity that is common to sin stocks.


FINSUM: There are a lot of reasons to be bullish on oil right now, but being sin stock probably isn’t one. Oil can still be a value play even if that’s not how sin stocks make their name.

Tuesday, 11 May 2021 17:26

Oil Prices Pushing Past Any Headwinds

Written by

(Houston)

Oil prices pushed up to $65 a barrel early in the week. Most investors…see the full story on our partner Magnifi’s site

(Shanghai)

China is one of the biggest importers of crude oil and…see the full story on our partner Magnifi’s site

Sunday, 18 April 2021 07:02

This Sector is at Huge Risk from Biden’s Tax Plan

Written by

(Washington)

Treasury Secretary Janet Yellen released bits of the Biden administration's Future Tax plan…see the full story on our partner Magnifi’s site

Wednesday, 14 April 2021 17:29

Goldman Says to Buy These Three Great Energy Stocks

Written by

(Houston)

The turnaround that energy prices have seen over the last year are simply astounding. This time last year prices were plummeting and there were incredibly dire demand forecasts. Fast forward to the present and you have a very tight supply-demand picture and legitimate talk of the new commodities “supercycle”. With that in mind Goldman has chosen 3 stocks which they say are going to be winners in the new environment: ConocoPhillips (COP), Devon Energy (DVN), and Hess (HES).


FINSUM: Both Devon and Hess are primarily exploration and production companies, which means they are very tied to headline oil prices. Given the tightness of supply, it makes sense they could benefit nicely.

Thursday, 25 March 2021 17:01

Forget WFH, Here is the Next Asset Class to Jump

Written by

(Houston)

The onset of the pandemic had weak demand for about every good in the U.S. except…See the full story on our partner Magnifi’s site.

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