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Jul 30, 2021 · For Q1 2021, the company reported FCF of $443 million. Even on a conservative basis, Marathon Oil is positioned for FCF in the range of $1.6 to $1.8 billion.
- 7 Oil Stocks to Buy Now That The OPEC+ Deal Is Done: Marathon Oil
- Lundin Energy
- Transocean
- Helmerich & Payne
- Chevron
- Equinor
- Borr Drilling
MRO stock is another name among oil stocks that’s worth considering for investors bullish on the energy sector. For the current year, MRO stock has already surged by 77%. However, fresh exposure can be considered on correction as the stock is likely to remain in an uptrend. The first reason to like Marathon is the fact that the company’s assets hav...
LNDNF stock is among those oil stocks that appear to be flying under the radar. I believe that the stock can be a long-term value creator. A big reason to be bullish on Lundin Energy is the company’s 20% stake in the Johan Sverdrup field. The asset has gross reserves in the range of 2.2 billion to 3.2 billion barrels of oil equivalent. Production i...
As oil prices trend higher, offshore drilling rig operators also stand to benefit. RIG stock has been in an uptrend in the current year. It seems likely that the positive momentum will sustain. Transocean has 39 floaters with 100% focus on ultra-deep water and harsh environment. As of May 2021, the company reported an order backlog of $7.4 billion....
HP stock is an attractive pick among onshore drilling service providers. Besides the potential for stock upside, HP stock also offers a dividend yield of 3.35%. If oil continues trending higher, the dividends are sustainable with the company having a strong balance sheet. In terms of recovery, Helmerich & Payne closed Q1 2021 with 94 active rigs. T...
With a dividend yield of 5.31%, CVX stock is among the top oil stocks to buy for income investors. Chevron stock has trended higher by 12% in the last 12-months. A break-out on the upside seems imminent as oil trends higher. From an asset perspective, a low breakeven price is the first reason to like Chevron. Furthermore, between 2016 and 2020 the ...
Equinor is another company active in the Norwegian Continental Shelf with quality assets. For the current year, EQNR stock has trended higher by 22%. However, more upside seems likely for this 2.99% dividend yield stock. A low break-even oil price is an important consideration and a key reason to be bullish on Equinor. To put things into perspectiv...
I’d like to close out by discussing an oil sector penny stock that’s appealing at current levels. BORR stock could be a multibagger — if oil continues to trend higher. Borr Drilling is an offshore drilling contractor with a modern rig fleet. BORR stock has been an underperformer, declining by 3.2% this year. One reason for the stock decline has bee...
Nov 28, 2021 · Three Canadian oil stocks should be on top of your buy list in December 2021 as crude prices approach US$100 per barrel. Christopher Liew, CFA . Christopher is a CFA Charterholder and a former ...
Apr 14, 2023 · Therefore, the below oil stocks to buy should be quite compelling. InvestorPlace - Stock Market News, Stock Advice & Trading Tips. CTRA. Coterra Energy. $25.65. VLO. Valero Energy. $135.10. DVN.
- Josh Enomoto
Dec 3, 2021 · Meanwhile, if the global economic momentum sustains in 2022, oil stocks could continue to do well, just like they did in 2021. Among energy names, Chevron, Shell, and BP look like good buys. These ...
Jun 4, 2022 · Today's Change. (0.29%) $0.35. Current Price. $118.96. Price as of November 5, 2024, 4:00 p.m. ET. If higher oil production pushes crude prices and oil stocks lower, you'll want to pick up shares ...
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Jul 7, 2021 · USO. 1.60%. Energy markets are again in the grip of uncertainty after the OPEC+ oil cartel's members failed to agree on a plan to boost crude output. For investors, including those in related ...
