Permian Basin Plays: CDEV, APA, OXY, CPE, LPI

January 26, 2022

Following are the major movers in the oil & gas sector over the past trading sessions. Keep an eye on these stocks as momentum is strong. Nano-Cap Stocks Watchlist Allied Energy Corp. (OTCMKTS:AGYP) is one of the most promising speculative oil & gas plays the market has witnessed in years.  At the start of 2021 they were a just another dev. stage exploration company with several leases and a dream. …

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$100 Oil, Broken Supply Chain, and Why Texas May Be The Answer

November 2, 2021

Oil prices are currently rising at an incredible rate, and are unlikely to slow down according to several analysts.  This week Bank of America noted in Bloomberg that Brent crude benchmark will hit $120 per barrel by the end of June 2022.  This came after news that some industries have started to use oil instead of high-priced gas for their fuel needs. Most experts have not factored this into their…

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Oil Index Report: OXY, MRO, PTR, COP, XOM, PSX, CVX, MPC, EOG, VLO, BP

October 19, 2021

Monday’s market action for some stocks making up the AMEX Oil Indec ($XOI). Occidental Petroleum Corporation (NYSE:OXY) stock has seen solid buying interest over the past month with  a gain of over 22% and leading the top spot in the oil & gas sector. Moreover, the stock has soared 90% so far this year. On Monday, OXY stock ended higher by 4% to $32.93 with more than 25.90 million shares…

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Independant Oil and Gas Report: CNQ, CPE, OXY, DVN, SWN

October 12, 2021

Oil prices have been inching higher to a multi-year highs and  oil and gas stocks have been on the move the last week. These stocks should be in your watchlist this week. Callon Petroleum Company (NYSE:CPE) stock has seen solid buying interest over the past month with  a gain of over 74% and leading the top spot in the oil & gas sector. Moreover, the stock has soared 336% so…

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Domestic Oil Investors Back Permian Stocks as the Commodity Soars

September 23, 2021

Oil is already up 48% on the year. Goldman Sachs recently updated their Brent crude forecast to $80 per barrel. Bank of America strategist Francisco Blanch is calling for $100 oil. In the US despite a general economic malaise fuel demand has recovered.  In the last month, supply reached almost 21 million barrels per day, which is around the pre-pandemic peak in 2019. This rising demand is meeting a shrinking…

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Occidental Petroleum Corp (NYSE:OXY) Stock Gains Momentum: Now What?

September 23, 2021

Yesterday, investors seemed to have moved some of their focus on Occidental Petroleum Corp (NYSE:OXY) and that was evident from the price action in the company’s stock. Although there was no fresh news about the company on Wednesday, the Occidental Petroleum stock ended the day with gains of as much as 8%. In light of such gains, it might be a good time for investors to take a look at…

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