Oil & Gas Stocks Watchlist: XOM, CVX, PBR, KMI, ET, AGYP

January 18, 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) AGYP deserves a look from oil and gas investors, as they recently announced signing a new lease and also struck oil on their leased well sites in Texas. Global energy prices are at 7 year highs. With…

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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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Exxon Mobil (NYSE: XOM) Fails To Discover Hydrocarbons In The Jabilo-1 Well In Canje Block, Guyana

July 8, 2021

For the second time, Exxon Mobil (NYSE: XOM) failed to make a commercial discovery in the Jabillo-1 well located in the Canje block offshore Guyana after reportedly drilling a dry hole. The company drilled the well up to 6,475 meters but didn’t find any hydrocarbons and will now be plugged.  On the other hand, the Stena DrillMax is operating in the company’s run Stabroek block and is likely to commence…

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