Best Oil Stocks To Own Right Now


PetroChina (NYSE: PTR), the Chinese state oil company, presented to Peruvian hydrocarbons licensing authority Perupetro on May 20, 2017, a development plan of Block 58, which is located in the Amazon jungle in the southern Cusco region of Peru (see Fig. 1 below).

According to the plan, PetroChina is to invest $2 billion in the block over the next six years to drill 60 wells, which will start this year. Block 58 is estimated to hold approximately 3.9 Tcf of natural gas reserves, per Perupetro. PetroChina reportedly would start development drilling later this year, targeting first gas production in 2023, which might be pushed up to 2021 with streamlined governmental permitting.


Perupetro official said the produced gas would be used for power plants on the southern coast and potentially feed into Peru LNG located at Pampa Melchorita on the central coast.

Best Oil Stocks To Own Right Now: Apache Corporation(APA)

Advisors’ Opinion:

  • [By Jason Hall]

    Since oil prices peaked in 2014, both Total and Shell have managed to generate positive total returns for investors who held through the downturn, in large part because of their diverse operations. Neither has come close to outperforming theS&P 500, but it could have been far worse; one only has to look at some of the biggest independent oil producers, includingApache Corporation(NYSE:APA) (down 53%),Anadarko Petroleum Corporation(NYSE:APC) (down 33%), andContinental Resources, Inc.(NYSE:CLR) (down 12.3%) to appreciate the benefit of Total’s and Shell’s more diversified operations.

  • [By ]

    Now, I haven’t dabbled in U.S. shale oil or in the permian basin since I extracted myself from Apache (APA) several months ago after an epic fight in the name of capital preservation. But The Wall Street Journal ran a piece last week explaining that due to already-mentioned distribution bottlenecks, Permian-basin oil prices had fallen below $60 a barrel despite the fact that WTI futures were trading above $70.

  • [By Chris Lange]

    Apache Corp. (NYSE: APA) fourth-quarter results are scheduled for Thursday. The consensus forecast is for $0.22 in EPS on $1.55 billion in revenue. Shares were trading at $38.11. The consensus price target is $50.43. The 52-week range is $35.70 to $56.51.

  • [By Max Byerly]

    US Bancorp DE decreased its stake in shares of Apache Co. (NYSE:APA) by 5.8% during the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 145,332 shares of the energy company’s stock after selling 8,948 shares during the period. US Bancorp DE’s holdings in Apache were worth $5,592,000 as of its most recent SEC filing.

Best Oil Stocks To Own Right Now: Whiting Petroleum Corporation(WLL)


Advisors’ Opinion:

  • [By WWW.GURUFOCUS.COM]

    For the details of DFT Energy LP’s stock buys and sells, go to www.gurufocus.com/StockBuy.php?GuruName=DFT+Energy+LP

    These are the top 5 holdings of DFT Energy LPWhiting Petroleum Corp (WLL) – 400,000 shares, 18.19% of the total portfolio. Shares added by 2.56%Hess Corp (HES) – 170,000 shares, 11.57% of the total portfolio. Shares added by 30.77%Noble Energy Inc (NBL) – 200,000 shares, 8.15% of the total portfolio. Southwestern Energy Co (SWN) – 1,360,000 shares, 7.92% of the total portfolio. Shares added by 4.62%Anadarko Petroleum Corp (APC)

  • [By Jon C. Ogg]

    Whiting Petroleum Corp. (NYSE: WLL) was raised to Overweight from Equal Weight with a $71 target price (versus a $50.48 close) at Morgan Stanley.

    Tuesday’s top analyst upgrades and downgrades included DocuSign, Embraer, Goodyear, Macy’s, Micron Technologies, Raytheon, Smartsheet and more.

  • [By Dan Caplinger]

    Friday was a down day on Wall Street, but losses were generally small, and the market closed well above its lowest levels of the session. Initially, investors seemed concerned about further trade tensions between the U.S. and China, but upon further reflection, they appeared to draw comfort from considerable fundamental strength from key sectors of the industrial economy. Even with the overall market recovering from earlier weakness, some stocks still posted substantial declines. Whiting Petroleum (NYSE:WLL), Global Blood Therapeutics (NASDAQ:GBT), and First Solar (NASDAQ:FSLR) were among the worst performers on the day. Here’s why they did so poorly.

Best Oil Stocks To Own Right Now: Encana Corporation(ECA)


Advisors’ Opinion:

  • [By Matthew DiLallo]

    Today, however, many drillers are setting a high bar for new wells. EOG Resources (NYSE:EOG) has been one of the leaders in disrupting the former way of thinking by establishing a high return hurdle rate for new wells of 30% after-tax at $40 oil. Others followed with similar return-focused approaches, including Encana (NYSE:ECA), which needs locations to achieve a 35% after-tax return at $50 oil to meet its premium hurdle rate.

  • [By Max Byerly]

    Electra (CURRENCY:ECA) traded 8% higher against the U.S. dollar during the 1-day period ending at 22:00 PM ET on June 20th. In the last week, Electra has traded 12.6% higher against the U.S. dollar. Electra has a market capitalization of $34.87 million and $128,874.00 worth of Electra was traded on exchanges in the last 24 hours. One Electra coin can now be purchased for $0.0014 or 0.00000020 BTC on exchanges including Fatbtc, Novaexchange, CoinFalcon and CryptoBridge.

  • [By Shane Hupp]

    Electra (CURRENCY:ECA) traded down 5.1% against the U.S. dollar during the 24-hour period ending at 15:00 PM E.T. on June 12th. Over the last seven days, Electra has traded down 25.7% against the U.S. dollar. Electra has a market cap of $34.53 million and approximately $134,011.00 worth of Electra was traded on exchanges in the last 24 hours. One Electra coin can currently be bought for $0.0013 or 0.00000020 BTC on exchanges including CryptoBridge, Fatbtc, CoinFalcon and Coinhouse.

  • [By Joseph Griffin]

    These are some of the media stories that may have effected Accern’s scoring:

    Get Encana alerts:

    Should You Listen to This Stock? Encana Corporation (ECA) moves 51.44% away from One Year Low (nasdaqchronicle.com) Hot Mover of the Day Encana Corporation (NYSE:ECA) (thestockgem.com) Enrapturing Stocks: Encana Corporation, (NYSE: ECA), AmTrust Financial Services, Inc., (NASDAQ: AFSI) (globalexportlines.com) Analysts, Options Traders Love This Lesser-Known Energy Stock (schaeffersresearch.com) Encana Corp (ECA) Expected to Announce Quarterly Sales of $1.12 Billion (americanbankingnews.com)


    ECA traded up $0.27 on Thursday, hitting $12.47. 9,071,326 shares of the stock were exchanged, compared to its average volume of 9,380,907. Encana has a 12 month low of $8.01 and a 12 month high of $14.31. The company has a quick ratio of 1.16, a current ratio of 1.16 and a debt-to-equity ratio of 0.62. The stock has a market capitalization of $11.70 billion, a price-to-earnings ratio of 29.00, a P/E/G ratio of 1.98 and a beta of 2.00.

Best Oil Stocks To Own Right Now: Halliburton Company(HAL)

Advisors’ Opinion:

  • [By Tyler Crowe]

    Even though Haliburton’s (NYSE:HAL) bottom line got hit yet again by the continued turmoil in Venezuela, the company was able to churn out a respectable profit for the first quarter of 2018. The number that pops out is that it grew revenue a whopping 34%. That’s quite an accomplishment for such a large business, but management still thinks it has a few more quarters of growth like this left in it.

  • [By Joseph Griffin]

    Mckinley Capital Management LLC Delaware grew its position in shares of Halliburton (NYSE:HAL) by 68.3% during the 1st quarter, according to the company in its most recent disclosure with the SEC. The fund owned 6,626 shares of the oilfield services company’s stock after purchasing an additional 2,689 shares during the quarter. Mckinley Capital Management LLC Delaware’s holdings in Halliburton were worth $311,000 as of its most recent filing with the SEC.

  • [By ]

    KBR (NYSE: KBR)
    Though an under-the-radar name, KBR was the construction arm of oilfield services giant Halliburton (NYSE: HAL) before being spun off. With a consolidated market cap of $2.6 billion, KBR describes itself, per its website, as a “global provider of differentiated professional services and technologies within the Government Services and Hydrocarbon sectors.”

Best Oil Stocks To Own Right Now: Transocean Inc.(RIG)

Advisors’ Opinion:

  • [By Ethan Ryder]

    D.B. Root & Company LLC acquired a new position in shares of Transocean (NYSE:RIG) during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund acquired 30,040 shares of the offshore drilling services provider’s stock, valued at approximately $297,000.

  • [By Jason Hall]

    Frankly, today’s big drop shouldn’t be a surprise for anyone. The company told us many months agothat common equity investors would only retain 2% — at most — of the company when it completed its bankruptcy proceedings, yet investors continued to pay a price for its stock that, at one point, would have made Seadrill worth nearly as much as competitorsTransocean(NYSE:RIG),Diamond Offshore(NYSE:DO),andNoble Corporation(NYSE:NE)combined. But a relatively steady decline in the share price, combined with today’s big drop, seems to be finally putting Seadrill more in line with its peers.

  • [By Jason Hall, Tyler Crowe, and John Bromels]

    According to three Motley Fool contributors, there are still ample opportunities to profit in the oil and gas segment as some left-behind subsectors start to catch up to the higher price trend. Three in particular that are well-positioned going forward areTransocean LTD(NYSE:RIG),National-Oilwell Varco, Inc.(NYSE:NOV), andDevon Energy Corp(NYSE:DVN).

  • [By Max Byerly]

    ValuEngine upgraded shares of Transocean (NYSE:RIG) from a hold rating to a buy rating in a research note released on Wednesday morning.

    Several other research firms have also recently issued reports on RIG. Bank of America increased their price objective on Transocean from $12.00 to $13.00 and gave the stock a neutral rating in a research report on Wednesday, April 18th. Citigroup increased their price objective on Transocean from $15.00 to $16.00 and gave the stock a buy rating in a research report on Monday, April 30th. Susquehanna Bancshares set a $11.00 price objective on Transocean and gave the stock a hold rating in a research report on Friday, January 12th. Cowen set a $11.00 price objective on Transocean and gave the stock a hold rating in a research report on Thursday, January 11th. Finally, Piper Jaffray set a $11.00 price objective on Transocean and gave the stock a hold rating in a research report on Wednesday, January 10th. Eight investment analysts have rated the stock with a sell rating, ten have given a hold rating and fourteen have issued a buy rating to the stock. The company currently has an average rating of Hold and an average price target of $11.79.