Top 10 Oil Stocks To Invest In 2019

tags:ECA,APA,COP,HAL,WLL,MMP,RRC,WPZ,RIG,MRO, LISTEN TO ARTICLE 2:17 SHARE THIS ARTICLE Facebook Twitter LinkedIn Email

As if refusing to split its stock weren’t enough, Amazon.com Inc. keeps creating headaches for the Dow Jones Industrial Average, spoiling this week’s debut of Walgreens Boots Alliance Inc.

An announcement by Jeff Bezos’ virtual superstore that it’s buying online pharmacy startup PillPack sent tremors through the drugstore space. Walgreens, added to the 122-year-old index Tuesday morning, was one of the biggest casualties.

Top 10 Oil Stocks To Invest In 2019: Encana Corporation(ECA)

Advisors' Opinion:

• [By Shane Hupp]

  Electra (CURRENCY:ECA) traded 3.4% lower against the dollar during the 24-hour period ending at 18:00 PM Eastern on June 4th. Electra has a total market capitalization of $45.83 million and approximately $326,372.00 worth of Electra was traded on exchanges in the last 24 hours. One Electra coin can currently be bought for $0.0018 or 0.00000024 BTC on cryptocurrency exchanges including Novaexchange, Octaex, Fatbtc and Cryptopia. In the last seven days, Electra has traded 12.8% higher against the dollar.

• [By Keith Noonan, Travis Hoium, and Matthew DiLallo]

  We asked three Motley Fool investors to profile some of the best under-the-radar growth stocks on the market today. Read on to see why they selected Encana (NYSE:ECA), Activision Blizzard (NASDAQ:ATVI), and Baozun (NASDAQ:BZUN) as top growth stocks for in-the-know investors.

• [By Ethan Ryder]

  Electra (CURRENCY:ECA) traded down 22.1% against the dollar during the 1 day period ending at 11:00 AM Eastern on August 14th. One Electra coin can currently be purchased for approximately $0.0004 or 0.00000007 BTC on cryptocurrency exchanges including Cryptohub, CryptoBridge, Cryptopia and Novaexchange. In the last seven days, Electra has traded 36.7% lower against the dollar. Electra has a total market capitalization of $11.78 million and approximately $119,848.00 worth of Electra was traded on exchanges in the last day.

• [By Lee Jackson]

  This stock has pulled back sharply and is offering an outstanding entry point. Encana Corp. (NYSE: ECA) is an energy producer focused on developing its multibasin portfolio of natural gas, oil and natural gas liquids (NGLs) producing plays. Its operations also include the marketing of natural gas, oil and NGLs. All of its reserves and production are located in North America.

Top 10 Oil Stocks To Invest In 2019: Apache Corporation(APA)

Advisors' Opinion:

• [By John Bromels]

  Three companies that the market has walloped are Apache Corporation (NYSE:APA), Magellan Midstream Partners (NYSE:MMP), and General Motors (NYSE:GM). Here's why these stocks look like bargains, and why today might be a good time to scoop up some shares. 

• [By Matthew DiLallo]

  The IEA's forecast bodes well for oil stocks, especially those that have underperformed during the rally over the past year. Two that stand out are Newfield Exploration (NYSE:NFX) and Apache (NYSE:APA), since both have lost value even though oil has been red-hot. Because of that, they trade at dirt cheap valuations versus their peers. That underperformance doesn't make sense given the growth these companies can deliver at much lower oil prices.

• [By Stephan Byrd]

  Apache (NYSE:APA) was upgraded by analysts at ValuEngine from a sell rating to a hold rating.

  Get Apache Co alerts:

  Big Lots (NYSE:BIG) was upgraded by analysts at ValuEngine from a sell rating to a hold rating.

• [By John Bromels]

  But if you look hard enough, there are still some values to be found among oil and gas stocks. Devon Energy (NYSE:DVN), Apache Corporation (NYSE:APA), and Kinder Morgan (NYSE:KMI) have all managed to buck the trend of rising stock prices. Here's why these three stocks look incredibly cheap right now.

• [By Max Byerly]

  Ramsay Stattman Vela & Price Inc. purchased a new stake in shares of Apache Co. (NYSE:APA) in the 2nd quarter, HoldingsChannel reports. The fund purchased 4,704 shares of the energy company’s stock, valued at approximately $220,000.

Top 10 Oil Stocks To Invest In 2019: ConocoPhillips(COP)

Advisors' Opinion:

• [By Matthew DiLallo]

  ConocoPhillips (NYSE:COP) has worked hard to differentiate itself from other oil companies by focusing on creating value for investors as opposed to growing at all costs. That plan continued paying dividends during the first quarter, as the company blew past expectations. That strong showing sets the U.S. oil giant up for an exceptional year.

• [By Reuben Gregg Brewer]

  In 2012, ConocoPhillips (NYSE:COP) enacted a major corporate overhaul. It spun off its downstream assets (which is what refining and chemicals businesses are called in industry lingo) so it could focus on its upstream (or drilling) business. This shift meant oil and natural gas prices were the main factor driving the company's top and bottom lines. When oil prices plummeted in mid-2014, going from over $100 a barrel to the $30 range, it wasn't long before ConocoPhillips was forced to cut its dividend.

• [By Reuben Gregg Brewer]

  ConocoPhillips (NYSE:COP) and ExxonMobil Corporation (NYSE:XOM) are both large, international oil and natural gas producers. While they share many attributes, there are a couple of key differences. And those differences are what makes one appropriate for conservative investors and the other for more aggressive investors. Here's what you need to know about these two energy stocks to decide which one is right for you.

• [By John Bromels]

  Three years ago, if you asked me to compare the prospects of an integrated oil major like BP (NYSE:BP) to an independent oil and gas exploration and production company (E&P) like ConocoPhillips (NYSE:COP), I'd have told you the oil major would win hands down. The price of oil had collapsed, and independent drillers were stuck up the proverbial creek without a paddle.

Top 10 Oil Stocks To Invest In 2019: Halliburton Company(HAL)

Advisors' Opinion:

• [By Shane Hupp]

  Tiverton Asset Management LLC grew its holdings in Halliburton (NYSE:HAL) by 110.1% during the second quarter, HoldingsChannel.com reports. The fund owned 42,268 shares of the oilfield services company’s stock after purchasing an additional 22,153 shares during the quarter. Tiverton Asset Management LLC’s holdings in Halliburton were worth $1,905,000 at the end of the most recent quarter.

• [By ]

  Houston-based Halliburton Co. (HAL) stock fell during premarket trading Monday, April 23, despite reporting a 34% increase in revenue driven by expanding U.S. production, as the oilfield service provider experienced sand delivery challenges and took a charge related to its business in Venezuela.

• [By WWW.GURUFOCUS.COM]

  For the details of Packer & Co Ltd's stock buys and sells, go to http://www.gurufocus.com/StockBuy.php?GuruName=Packer+%26+Co+Ltd

  These are the top 5 holdings of Packer & Co LtdBall Corp (BLL) - 625,005 shares, 7.52% of the total portfolio. Hess Corp (HES) - 2,039,400 shares, 6.78% of the total portfolio. Anadarko Petroleum Corp (APC) - 1,432,600 shares, 6.35% of the total portfolio. Shares added by 14.37%Citigroup Inc (C) - 604,500 shares, 6.34% of the total portfolio. Shares reduced by 11.04%General Electric Co (GE) - 1,118,800 shares, 5.98% o
• [By Shane Hupp]

  Financial Advocates Investment Management reduced its stake in Halliburton (NYSE:HAL) by 17.6% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 9,108 shares of the oilfield services company’s stock after selling 1,949 shares during the quarter. Financial Advocates Investment Management’s holdings in Halliburton were worth $405,000 at the end of the most recent reporting period.

• [By ]

  For top oilfield services picks, Seaport says to keep it simple: Halliburton Co. (HAL) and Hi-Crush Partners LP (HCLP) are the best bets, the firm contends. 

• [By Matthew DiLallo]

  We're already starting to see signs of a slowdown. Fellow oil-field services giant Halliburton (NYSE:HAL) recently warned that while "we thought there would be a downturn in activity [in the Permian] due to budget constraints and takeaway issues... it's more than we expected." This higher-than-anticipated slowdown has created more vacancy on its calendar, which is putting pressure on service prices. Because of that, and some other issues, Halliburton's earnings in the third quarter will likely come in $0.08 to $0.10 per share below expectations.

Top 10 Oil Stocks To Invest In 2019: Whiting Petroleum Corporation(WLL)

Advisors' Opinion:

• [By Stephan Byrd]

  Get a free copy of the Zacks research report on Whiting Petroleum (WLL)

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• [By Stephan Byrd]

  Get a free copy of the Zacks research report on Whiting Petroleum (WLL)

  For more information about research offerings from Zacks Investment Research, visit Zacks.com

• [By Ethan Ryder]

  Here are some of the media stories that may have impacted Accern Sentiment Analysis’s rankings:

  Get Whiting Petroleum alerts: Whiting Petroleum Corp (WLL) Expected to Post Earnings of $0.62 Per Share (americanbankingnews.com) Oil Edges Higher On Iran Fears – OIR 220818 (proshareng.com) Whiting Petroleum (WLL) Presents At EnerCom’s 23rd Annual Oil & Gas Conference – Slideshow (seekingalpha.com) Whiting Petroleum (NYSE: WLL) – Day One Breakout Notes (oilandgas360.com)

  Several analysts have issued reports on WLL shares. Bank of America raised shares of Whiting Petroleum from a “neutral” rating to a “buy” rating in a research report on Thursday, May 10th. Robert W. Baird increased their price objective on shares of Whiting Petroleum from $50.00 to $61.00 and gave the company an “outperform” rating in a research report on Sunday, July 29th. Imperial Capital increased their price objective on shares of Whiting Petroleum from $40.00 to $45.00 and gave the company a “line” rating in a research report on Wednesday, May 2nd. Piper Jaffray Companies reaffirmed a “hold” rating and issued a $75.00 price objective on shares of Whiting Petroleum in a research report on Friday, July 20th. Finally, SunTrust Banks increased their price objective on shares of Whiting Petroleum to $70.00 and gave the company a “buy” rating in a research report on Thursday, July 5th. Fourteen research analysts have rated the stock with a hold rating, fifteen have issued a buy rating and one has issued a strong buy rating to the stock. Whiting Petroleum currently has a consensus rating of “Buy” and a consensus price target of $48.54.

• [By Max Byerly]

  Foundry Partners LLC acquired a new stake in Whiting Petroleum Corp (NYSE:WLL) in the 1st quarter, according to the company in its most recent disclosure with the SEC. The fund acquired 108,476 shares of the oil and gas exploration company’s stock, valued at approximately $3,671,000. Foundry Partners LLC owned about 0.12% of Whiting Petroleum at the end of the most recent quarter.

Top 10 Oil Stocks To Invest In 2019: Magellan Midstream Partners L.P.(MMP)

Advisors' Opinion:

• [By Matthew DiLallo]

  The company is also looking at a variety of oil pipeline expansion projects in the Permian Basin, including building the Permian Express-4 pipeline, which could move about 100,000 BPD. On top of that, it's working on a potentially larger project with its joint venture partner Magellan Midstream Partners (NYSE:MMP). Long noted that the company had made "significant progress with our new 30-inch crude oil pipeline joint-venture project with Magellan and other strategic partners" that would "provide unprecedented flexibility from the Permian Basin."

• [By ]

  Cramer and the AAP team are looking for opportunities to trim stocks into strength based out of discipline. That means trimming Magellan Midstream Partners (MMP) . Find out what they're telling their investment club members and get in on the conversation with a free trial subscription to Action Alerts PLUS.

• [By Shane Hupp]

  Magellan Midstream Partners, L.P. (NYSE:MMP) has been given an average rating of “Hold” by the seventeen brokerages that are currently covering the firm, Marketbeat.com reports. Five equities research analysts have rated the stock with a sell rating, five have given a hold rating and seven have issued a buy rating on the company. The average 1-year price objective among brokers that have updated their coverage on the stock in the last year is $74.46.

• [By Jason Hall]

  Let's start with Magellan Midstream Partners (NYSE:MMP), ticker MMP. First thing to note here, distributable cash flow up 7% year over year. You notice I'm talking about cash flow. I'm not talking about earnings, I'm not talking about revenue. That's because cash is king in this particular segment of the industry.

• [By Tyler Crowe]

  Oil and gas investors have been through the wringer over the past few years. Even the most stable investments in this industry -- pipelines, processing, and logistics -- haven't been spared. Case in point: Shares of Magellan Midstream Partners (NYSE:MMP) have declined 18% over the past three years despite the company posting consistent revenue and cash flow growth. To top it off, there has been a slew of regulatory and tax changes in recent months that will have a significant impact on this particular industry.

• [By ]

  That means pipelines are equally busy carrying all that raw crude into these refineries and then carrying out gasoline, diesel and other finished products. So you'd think these would be boon times for Magellan Midstream Partners (NYSE: MMP), which owns 10,000 miles of pipeline that connect with 50% of the nation's refinery capacity.

Top 10 Oil Stocks To Invest In 2019: Range Resources Corporation(RRC)

Advisors' Opinion:

• [By Max Byerly]

  Range Resources Corp. (NYSE:RRC) has received an average recommendation of “Hold” from the thirty ratings firms that are currently covering the firm, MarketBeat Ratings reports. Three analysts have rated the stock with a sell rating, twelve have issued a hold rating, thirteen have issued a buy rating and one has issued a strong buy rating on the company. The average twelve-month price objective among brokers that have updated their coverage on the stock in the last year is $22.11.

• [By Stephan Byrd]

  Get a free copy of the Zacks research report on Range Resources (RRC)

  For more information about research offerings from Zacks Investment Research, visit Zacks.com

• [By Shane Hupp]

  Toronto Dominion Bank increased its holdings in Range Resources Corp. (NYSE:RRC) by 25.2% in the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 123,421 shares of the oil and gas exploration company’s stock after purchasing an additional 24,839 shares during the period. Toronto Dominion Bank’s holdings in Range Resources were worth $1,794,000 as of its most recent SEC filing.

• [By Paul Ausick]

  Range Resources Corp. (NYSE: RRC) fell about 4.4% Tuesday to post a new 52-week low of $14.43 after closing at $15.09 on Monday. The 52-week high is $34.93. Volume of about 15 million was nearly double the daily average of around 7.7 million shares traded. The company had no specific news.

Top 10 Oil Stocks To Invest In 2019: Williams Partners L.P.(WPZ)

Advisors' Opinion:

• [By Lisa Levin] Gainers Loxo Oncology, Inc. (NASDAQ: LOXO) rose 17.1 percent to $163.30 in pre-market trading as the company disclosed that LOXO-292 Phase 1 trial abstract was selected for 'Best of ASCO'. CytomX Therapeutics, Inc. (NASDAQ: CTMX) rose 11.5 percent to $27.15 in pre-market trading after the company announced presentations at the 2018 ASCO Annual Meeting. Check-Cap Ltd. (NASDAQ: CHEK) rose 12.3 percent to $5.47 in pre-market trading after reporting narrower-than-expected Q1 loss. Flotek Industries, Inc. (NYSE: FTK) shares rose 7.1 percent to $3.62 in the pre-market trading session. Baozun Inc. (NASDAQ: BZUN) shares rose 5.8 percent to $47.65 in pre-market trading after reporting Q1 results. World Wrestling Entertainment, Inc. (NYSE: WWE) rose 5.5 percent to $46.00 in pre-market trading. Williams Partners L.P. (NYSE: WPZ) rose 5.3 percent to $40.50 in pre-market trading after The Williams Companies, Inc. (NYSE: WMB) announced agreement to acquire all public equity of Williams Partners in a $10.5 billion deal. Koss Corporation (NASDAQ: KOSS) shares rose 4.6 percent to $2.72 in pre-market trading after surging 12.55 percent on Wednesday. Enphase Energy, Inc. (NASDAQ: ENPH) rose 4.5 percent to $5.85 in pre-market trading after gaining 5.66 percent on Wednesday. Farmer Bros. Co. (NASDAQ: FARM) rose 4.1 percent to $27 in pre-market trading after climbing 7.90 percent on Wednesday. Kosmos Energy Ltd. (NYSE: KOS) rose 4 percent to $7.70 in pre-market trading.

   

• [By Matthew DiLallo]

  Williams Companies (NYSE:WMB) was off to a great start in 2018 thanks to the growth of its majority-owned master limited partnership, Williams Partners (NYSE:WPZ). There's plenty more where that came from, which was clear from the comments of CEO Alan Armstrong on the accompanying quarterly conference call. While he didn't fill in every detail about what lies ahead, he made sure investors knew that the company's future looks bright.

• [By Matthew DiLallo]

  Natural gas pipeline giant Williams Companies (NYSE:WMB) and its MLP Williams Partners (NYSE:WPZ) reported mixed second-quarter results after the close Wednesday. Earnings declined fractionally due to asset sales and some higher costs. Cash flow, on the other hand, moved slightly higher thanks in part to lower interest expenses as a result of  debt reduction. However, while both numbers underwhelmed in Q2, they should head much higher in the coming year because Williams has several expansion projects under way that should boost its bottom line.

Top 10 Oil Stocks To Invest In 2019: Transocean Inc.(RIG)

Advisors' Opinion:

• [By Stephan Byrd]

  Stock analysts at BTIG Research assumed coverage on shares of Transocean (NYSE:RIG) in a research report issued to clients and investors on Monday, The Fly reports. The brokerage set a “buy” rating and a $18.00 price target on the offshore drilling services provider’s stock. BTIG Research’s target price would indicate a potential upside of 55.31% from the stock’s current price.

• [By Joseph Griffin]

  An issue of Transocean LTD (NYSE:RIG) debt rose 2.5% as a percentage of its face value during trading on Thursday. The debt issue has a 6.8% coupon and is set to mature on March 15, 2038. The debt is now trading at $85.45. Price moves in a company’s debt in credit markets often predict parallel moves in its share price.

• [By Matthew DiLallo]

  Shares of RigNet are up more than 18% since the announcement. However, the company's stock price had been in rally mode well before that news, rocketing 75% since the end of July. While some notable improvements in its second-quarter results likely helped ignite this rally, the company is also benefiting from the belief that the long-awaited offshore drilling recovery is beginning to unfold. The most recent comments supporting that view came from Transocean's (NYSE:RIG) CEO Jeremy Thigpen. He stated last week that he expects lease rates on rigs to improve, and that contracting activity should pick up in late 2019. Based on that outlook, he said that "we are far more bullish than we have been historically," which is one reason Transocean recently made another major acquisition.

• [By Joseph Griffin]

  Shares of Transocean LTD (NYSE:RIG) have been assigned a consensus recommendation of “Hold” from the twenty-four brokerages that are covering the stock, Marketbeat Ratings reports. Three equities research analysts have rated the stock with a sell rating, seven have issued a hold rating, twelve have given a buy rating and one has issued a strong buy rating on the company. The average twelve-month price target among brokers that have issued ratings on the stock in the last year is $12.52.

• [By Jim Crumly]

  As for individual stocks, Amazon.com (NASDAQ:AMZN) briefly broke through $1 trillion in valuation, and Transocean Ltd. (NYSE:RIG) announced plans to acquire Ocean Rig UDW (NASDAQ:ORIG).

Top 10 Oil Stocks To Invest In 2019: Marathon Oil Corporation(MRO)

Advisors' Opinion:

• [By Matthew DiLallo]

  That ability to organically discover new shale plays has saved it a ton of money. The company was able to quietly gobble up 50,000 acres in Oklahoma over a four-year period for just $750 an acre. Contrast that with rivals Devon Energy (NYSE:DVN) and Marathon Oil (NYSE:MRO). Devon spent $1.9 billion to buy Felix Energy in late 2015 for the company's 80,000 acres in Oklahoma, paying a whopping $23,750 an acre. Meanwhile, Marathon paid $888 million for PayRock Energy and its 61,000 acres in the state, which amounted to roughly $14,500 an acre. EOG's deep knowledge of shale helps it know where to look so it can lock up land for next to nothing before rivals even know what's there.

• [By Chris Lange]

  The S&P 500 stock posting the largest daily percentage gain ahead of the close was Marathon Oil Corp. (NYSE: MRO) which traded up about 5% at $21.81. The stock's 52-week range is $10.64 to $22.74. Volume was nearly 16 million compared to the daily average volume of 11 million.

• [By Chris Lange]

  The S&P 500 stock posting the largest daily percentage loss ahead of the close was Marathon Oil Corp. (NYSE: MRO) which traded down over 5% at $19.99. The stock's 52-week range is $10.55 to $22.12. Volume was over 17 million compared to the daily average volume of 12.8 million.

• [By Max Byerly]

  Get a free copy of the Zacks research report on Marathon Oil (MRO)

  For more information about research offerings from Zacks Investment Research, visit Zacks.com

• [By Matthew DiLallo]

  After plunging 40% over the final three months of 2018, oil prices snapped back to start 2019, rebounding 18% for the month. That rally in the oil market sent most oil stocks higher, including shares of producers Denbury Resources (NYSE:DNR), Marathon Oil (NYSE:MRO), and Diamondback Energy (NASDAQ:FANG), which all rallied more than 10% for the month, according to data provided by S&P Global Market Intelligence.