Displaying items by tag: energy
Oil Prices Pushing Past Any Headwinds
(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
Chinese Economic Data and Opec Demand Report Lift Oil Prices
(Shanghai)
China is one of the biggest importers of crude oil and…see the full story on our partner Magnifi’s site
This Sector is at Huge Risk from Biden’s Tax Plan
(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
Three Energy Stocks with Great Dividends
(New York)
It is no secret that oil and gas stocks have great dividends. What makes the sector special right now is that the sector is also looking like a good investment for capital appreciation because of the rise of the “commodities super cycle”. With all that in mind, check out these three names for good income: Marathon Petroleum (MPC) or its MLP, MLPX, Energy Transfer (ET), and Antero Resources (AR). All three opportunities currently offer double digit yields.
FINSUM: Oil is definitely in recovery mode, so the combination of value and income is compelling.
Goldman Says to Buy These Three Great Energy Stocks
(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.