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  • Three Best Epicenter Stocks to Watch for in the First Half of 2021

    Three Best Epicenter Stocks to Watch for in the First Half of 2021

    There are several companies that lie around the re-emergence point.

    The COVID-19 pandemic has been one of the hardest hits on the global economy. The epicenter stocks are the companies badly affected by the pandemic but are on the verge to bounce back following the economic stability.

    As we are heading forward, things seem to get going as the pandemic has become part of our lives. Moreover, with the vaccine deployment and gradual decline in cases, there are stocks that are expecting to end 2021 with profit following heavy losses in 2019.

    The current bull argument is that top epicenter stocks could be looking at the biggest recoveries once the pandemic comes to an end. So, let’s have a look at the potential investment options among the epicenter stocks.

    Royal Caribbean Group (RCL)

    Royal Caribbean Group (RCL) is being called one of the top epicenter stocks bucking the trend when the market goes south. The largest cruise line company world-wide and the second-largest by passengers, RCL gathers over 14% in revenue of the entire cruise line market and 19% by passengers. With the strong basis and good post-COVID-19 track, analysts believe that RCL has the big guns to pump one the pandemic ends.

    The shares of RCL stock have been on the bullish side during February. Of course, the rise in shares price wasn’t based on the quarterly results, which were on the negative side. The company reported a loss of $1.4 billion in the most recent quarter.

    The company is aiming for a comeback and the RCL is foreseeing good times ahead.

    Komos Energy (KOS)

    Another company that lies in the epicenter stocks is Komos Energy (KOS). Kosmos is a leading deepwater exploration and production company focused on meeting the world’s growing demand for energy. With the energy department getting more focus during the Biden reign is expected to help Komos have a bullish run post-pandemic.

    The company has been on the downward for a while now. The CEO of Komos in the Q4 report said that with the strategic actions they took in 2020, in 2021 they would have a lower cost base which will strengthen its balance sheet.

    Komos Energy (KOS) is trading just above $3 per share and there are chances that it would drop further before going for the extreme bullish run. So, investors must keep their eyes on the stock and buy at its lowest.

    Ring Energy (REI)

    Another energy firm, Ring Energy (REI) that focuses on oil and gas exploration. The company has been brutally impacted by the pandemic.

    The company recently updated its plan for this year and how operations unfolded during the last quarter. Ring produced 9,307 net barrels of oil equivalent per day last quarter. While the company expects to drill 6-8 wells and complete 8-10 wells in 2021.

    For this year, the company is working on a new strategy and has a disciplined capital program. Ring Energy’s new capital program would be funded by operational cash flow, which will help in maintaining production levels with the potential for some minimal growth. The bottom line is that REI is working to improve its balance sheet and get things right for the long-term.

  • 15 Hot Stocks for Friday in Oil & Gas Industry

    Oil in London has risen above $50 a barrel for the first time since the pandemic brought the global economy to a halt in a remarkable rally that few predicted would soon happen.
    International index futures rose 2.8% on Thursday to a nine-month peak. The revival is a startling reversal for a business brought to a halt earlier this year by an unforeseen lack of demand. With places to hold surplus oil drying out, OPEC and its allies worked together to stagnate outflows and balance prices as the world searched for a vaccine.
    Last month’s reports by Pfizer Inc. and others that effective vaccinations will be carried out by spring enhanced the global demand forecast. In the wake of strong purchases by China’s private refiners, Asia appears to lead the physical demand turnaround. The U.S. dollar also declined, which boosted the appeal for currency-priced commodities and helped thrust Brent over $50.

    Marathon Oil Corporation (NYSE:MRO) shares were trading up 2.10% at $7.30 at the time of writing on Thursday.

    Marathon Oil Corporation (NYSE:MRO) share price went from a low point around $3.02 to briefly over $14.07 in past 52 weeks, though shares have since pulled back to $7.30. MRO market cap has remained high, hitting $5.21B at the time of writing, giving it price-to-sales ratio of more than 1.

    If we look at the recent analyst rating MRO, Tudor Pickering upgraded coverage on MRO shares with a Buy rating and a $6.76 price target, which implies room for -0.54% downside momentum this year.

    Exxon Mobil Corporation (XOM) last closed at $44.01, in a 52-week range of $30.11 to $71.37. The firm reported on December 1, 2020, that it has completed a review of its forward business plans and will prioritize near-term capital spending on advantaged assets with the highest potential future value. Analysts have a consensus price target of $43.77.

    PetroleoBrasileiro S.A. – Petrobras (PBR) stock soar by 6.63% to $11.26. The most recent rating by Raymond James, on May 18, 2020, is at an Underperform.

    Kinder Morgan Inc. (NYSE:KMI) Shares headed rising, higher as much as 1.23%.The company recently declared its preliminary financial projections for 2021. The most recent rating by Wells Fargo, on November 30, 2020, is at an Equal weight.

    Energy Transfer LP (NYSE:ET) rose 5.08% after gaining more than $0.33 on Thursday.

    BP p.l.c. (BP) last closed at $22.41, in a 52-week range of $14.74 to $40.08. Analysts have a consensus price target of $28.19.

    Apache Corporation (APA) stock soar by 9.85% to $16.50. OnDecember 7, 2020, the board of directors of Apache Corporation (APA) has declared a regular cash dividend on the company’s common shares. The most recent rating by CapitalOne, on September 11, 2020, is at an Overweight.

    ConocoPhillips (NYSE:COP) Shares headed rising, higher as much as 3.04%. The firm recently reported exchange offers. The most recent rating by BofA Securities, on November 02, 2020, is at a Buy.

    Kosmos Energy Ltd. (NYSE:KOS) rose 20.81% after gaining more than $0.41 on Thursday after reporting that it has closed the transaction with B.V. Dordtsche Petroleum Maatschappij (“Shell”), to farm down interests in Suriname, Sao Tome & Principe and Namibia for approximately $95 million, plus future contingent payments of up to $100 million.

    Schlumberger Limited (SLB) last closed at $23.38, in a 52-week range of $11.87 to $41.14. Analysts have a consensus price target of $22.96.

    Enterprise Products Partners L.P. (EPD) stock soar by 3.39% to $21.37 following the declaration from the firm that it has become a member of The Alliance to End Plastic Waste, an international community of CEOs from across the plastic value chain who are committed to addressing the global plastic waste challenge.The most recent rating by Wolfe Research, on November 23, 2020, is at an Outperform.

    The Williams Companies Inc. (NYSE:WMB) Shares headed falling, lower as much as -1.79%. The firm recently revealed the appointment of Rose Robeson as an independent director on the Board. The most recent rating by Goldman, on October 15, 2020, is at a Neutral.

    Chevron Corporation (NYSE:CVX) rose 3.22% after gaining more than $2.91 on Thursday. On December 3, 2020, the company reported a 2021 organic capital and exploratory budget of $14 billion.

    Halliburton Company (HAL) last closed at $19.99, in a 52-week range of $4.25 to $25.47. The firm on December 2, 2020 declared a partnership with Accenture (NYSE: ACN), to fast Halliburton’s digital supply chain transformation and support digitalization within the Company’s manufacturing function. Analysts have a consensus price target of $16.32.

    Range Resources Corporation (RRC) stock soar by 9.04% to $7.72. The most recent rating by Stephens, on November 16, 2020, is at an Overweight.

  • Pre-Market Cues: 29 Stocks Roaring for Change On December 7th

    Pre-Market Cues: 29 Stocks Roaring for Change On December 7th

    HL Acquisitions Corp. (HCCH) is up more than 5.38% at $25.25 in pre-market hours Monday December 07, 2020. The firm recently reported that that the shareholders of HL have approved the business combination between HL and Fusion Fuel at an annual general meeting of shareholders. The stock had jumped over 27.65% to $23.96 in the last trading session.
    China HGS Real Estate Inc. (NASDAQ: HGSH) shares are trading down -17.83% at $2.12 at the time of writing. Company’s 52-week ranged between $0.48 to $4.40.
    Cinedigm Corp. (CIDM) grew over 4.07% at $0.7269 in pre-market trading today after announcing eight additional linear streaming channels are now available on Rad’s fast-growing global streaming platform.
    Before the trading started on December 07, 2020, PDS Biotechnology Corporation (PDSB) is down -7.49% to reach $2.47. It has been trading in a 52-week range of $0.62 to $4.98.
    Pioneer Power Solutions Inc. (PPSI), a Electrical Equipment & Parts company, dropped about -6.59% at $4.11 in pre-market trading Monday. The company lately declared that it has finalized a conclusive settlement with Myers Power Products, Inc., a specialty electrical products manufacturer.
    Castor Maritime Inc. (NASDAQ: CTRM) shares are trading down -3.25% at $0.1935 at the time of writing. Company’s 52-week ranged between $0.11 to $2.60.
    RMG Acquisition Corp. (RMG) is down more than -5.62% at $17.31 in pre-market hours Monday December 07, 2020. The firm recently announced the nomination of Paul Williams to serve on the board of directors of Romeo Power upon consummation of merger. The stock had jumped over 19.95% to $18.34 in the last trading session.
    Before the trading started on December 07, 2020, Energy Fuels Inc. (UUUU) is up 6.2% to reach $2.74. It has been trading in a 52-week range of $0.78 to $2.42.
    Safe-T Group Ltd (SFET) stock soared 20.49% to $1.47 in the pre-market trading. The technology firm recently declared that it will hold a virtual event – webinar with Fujitsu, a global information and communication technology (ICT) company, on December 10, 2020.
    Before the trading started on December 07, 2020, ENGlobal Corporation (ENG) is up 4.42% to reach $1.89. It has been trading in a 52-week range of $0.46 to $4.32.
    Foresight Autonomous Holdings Ltd. (NASDAQ: FRSX) shares are trading down -6.96% at $1.47 at the time of writing after reporting that it will provide its QuadSight® multispectral vision solution, and is expected to receive approximately one million USD from the European Commission through the Horizon 2020 framework program. Company’s 52-week ranged between $0.46 to $1.95. Analysts have a consensus price target of $16.
    Hennessy Capital Acquisition Corp. IV (HCAC) is up more than 16.13% at $15.62 in pre-market hours Monday December 07, 2020. The stock had jumped over 10.52% to $13.45 in the last trading session.
    Sesen Bio Inc. (SESN) is up more than 4.58% at $1.6 in pre-market hours Monday December 07, 2020. The firm recently revealed partnership with Hikma Pharmaceuticals for the commercialization of Vicineum™ in the Middle East and North Africa. The stock had jumped over 15.04% to $1.53 in the last trading session.
    Before the trading started on December 07, 2020, Apache Corporation (APA) is down -2.5% to reach $14.8. It has been trading in a 52-week range of $3.80 to $33.77.
    BlackBerry Limited (NYSE: BB) shares are trading down -2.7% at $8.29 at the time of writing after declaring that it will report results for the third quarter of fiscal year 2021 at 5:30 p.m. ET on Thursday, December 17, 2020. Company’s 52-week ranged between $2.70 to $9.69.
    TechnipFMC plc (NYSE: FTI) shares are trading down -3.41% at $9.92 at the time of writing. Company’s 52-week ranged between $4.49 to $21.84.
    Nesco Holdings Inc. (NSCO) tumbled over -12.41% at $5.86 in pre-market trading today as the firm revealed that it has entered into a definitive agreement to acquire Custom Truck One Source (“CTOS”) for a purchase price of $1.475 billion.
    Penn Virginia Corporation (PVAC) is down more than -2.05% at $9.55 in pre-market hours Monday December 07, 2020. The stock had jumped over 7.50% to $9.75 in the last trading session.
    Uranium Energy Corp. (UEC) stock soared 11.57% to $1.35 in the pre-market trading after reporting that the U.S. Senate Committee on Environment and Public Works (EPW) has approved a bipartisan bill entitled the American Nuclear Infrastructure Act (ANIA). The most recent rating by Canaccord Genuity, on October 14, 2020, is a Speculative buy.
    Lyft Inc. (NASDAQ: LYFT) shares are trading up 2.67% at $47.33 at the time of writing. Company’s 52-week ranged between $14.56 to $54.50.
    Verb Technology Company Inc. (VERB) grew over 2.46% at $1.25 in pre-market trading today. The firm lately revealed that it will deliver a presentation at the Benzinga Global Small Cap Conference being held December 8-9, 2020.
    TransEnterix Inc. (TRXC) is down more than -7.22% at $0.47 in pre-market hours Monday December 07, 2020. The stock had jumped over 6.63% to $0.51 in the last trading session.
    FuelCell Energy Inc. (FCEL), a Electrical Equipment & Parts company, rose about 3.77% at $8.25 in pre-market trading Monday following the closing of public offering of 39,696,320 shares of common stock.
    Before the trading started on December 07, 2020, Senseonics Holdings Inc. (SENS) is up 9.28% to reach $0.4699. It has been trading in a 52-week range of $0.35 to $1.78.
    Before the trading started on December 07, 2020, The Macerich Company (MAC) is down -2.44% to reach $11.6 after declaring that the Company has earned Bureau Veritas SafeGuard™ Hygiene Excellence and Safety Certification for key properties. It has been trading in a 52-week range of $4.56 to $26.20.
    Southwestern Energy Company (SWN) stock plunged -2.33% to $2.93 in the pre-market trading. The most recent rating by UBS, on December 01, 2020, is a Sell.
    Gamida Cell Ltd. (GMDA) is up more than 7.6% at $7.5 in pre-market hours Monday December 07, 2020 after reporting in an oral presentation the updated and expanded results from a Phase 1 clinical study of GDA-201. The stock had jumped over 5.61% to $6.97 in the last trading session.
    Sintx Technologies Inc. (NASDAQ: SINT) shares are trading up 2.45% at $2.09 at the time of writing. Company’s 52-week ranged between $0.28 to $3.30.
    Matinas BioPharma Holdings Inc. (MTNB) grew over 12.84% at $1.23 in pre-market trading today after announcing collaboration with the National Institute of Allergy and Infectious Diseases to evaluate oral formulations of Gilead’s antiviral remdesivir utilizing Matinas’ LNC Platform delivery technology.

  • Top 15 Oil And Gas Stocks That Are Worth Buying

    Top 15 Oil And Gas Stocks That Are Worth Buying

    The oil and gas industry has gained a reputation as the world’s largest industry. The world’s dependence on this industry is continuously increasing as the global economy continues to depend heavily on petroleum-based products. The disruption caused by the COVID-19 pandemic has also affected the oil and gas industry. This industry has experienced fluctuation because of the decrease in energy demand.

    Oil and gas industry companies have had to deal with many challenges. But there are few areas where they should focus on in particular. These areas include increased sustainability, 4D Seismic Technology, increased labor costs, etc. Let take a quick look at the 15 oil and gas companies and see how they are following new trends:

    Oasis Petroleum Inc. (NASDAQ: OAS)

    Oasis Petroleum Inc. (NASDAQ: OAS) shares were trading down -19.10% at $0.17 at the time of writing on Friday. Oasis Petroleum Inc. (NASDAQ: OAS) share price went from a low point around $0.19 to briefly over $3.65 in the past 52 weeks, though shares have since pulled back to $0.17. OAS market cap has remained high, hitting $67.94M at the time of writing, giving it a price-to-sales ratio of more than 0.

    Oasis Petroleum Inc and Lonestar Resources US Inc’s bankruptcy filings are preparing for restructurings that put oil-and-gas producers on track for their biggest year of bankruptcies since the 2016 shale downturn. If we look at the recent analyst rating OAS, MKM Partners downgraded coverage on OAS shares with a Neutral rating.

    Lonestar Resources US Inc. (LONE)

    Lonestar Resources US Inc. (LONE) last closed at $0.31, in a 52-week range of $0.19 to $3.20. Lonestar Resources US Inc. (LONE) earlier disclosed that it and certain of its direct and indirect wholly-owned domestic subsidiaries have entered into a Restructuring Support Agreement with its largest stakeholders that will reduce approximately $390 million in aggregate debt obligations and preferred equity interests. LONE market cap has remained high, hitting $6.21 M at the time of writing.

    Marathon Oil Corporation (NYSE: MRO)

    Marathon Oil Corporation (NYSE: MRO) stock soar by 4.30% to $4.12. The most recent rating by Northland Capital, on September 14, 2020, is at a Market perform. Marathon Oil Corporation (MRO) earlier shared an update showing the reinstatement of a base dividend, recent debt reduction initiatives, and a transparent framework for future capital allocation and uses of free cash flow intended to maximize long-term shareholder value. This company has a total market capitalization of $3.12 billion at the time of writing.

    Occidental Petroleum Corporation (NYSE: OXY)

    Occidental Petroleum Corporation (NYSE: OXY) Shares headed rising, higher as much as 1.96%. The most recent rating by Scotiabank, on September 24, 2020, is at a Sector outperform. Occidental Petroleum Corporation (OXY) has earlier disclosed that it has signed an agreement to sell its onshore assets in Colombia to The Carlyle Group for a total of approximately $825 million, with $700 million upfront and the remainder payable subject to certain production and commodity price targets.

    WPX Energy Inc. (NYSE: WPX)

    WPX Energy Inc. (NYSE: WPX) rose 6.02% after gaining more than $0.28 on Friday. Previously, U.S. oil and gas producer Devon Energy Corp disclosed that it will buy shale-oil rival WPX Energy Inc for $2.56 billion as it looks to boost its presence in the top U.S. oilfield. WPX Energy Inc. (WPX) has a total market capitalization of $2.61 billion at the time of writing.

    Apache Corporation (NASDAQ: APA)

    Apache Corporation (NASDAQ: APA) last closed at $9.74, in a 52-week range of $3.80 to $33.77. Analysts have a consensus price target of $16.84. Apache Corporation (APA) earlier released its 2020 Sustainability Report, which showed the company’s performance in governance, environmental stewardship, health and safety, workforce development, and community engagement. If we look at its liquidity, it has a current ratio of $3.51 billion at the time of writing.

    Devon Energy Corporation (NYSE: DVN)

    Devon Energy Corporation (NYSE: DVN) stock soar by 5.49% to $9.60. The most recent rating by Truist, on October 01, 2020, is at a Buy. Devon Energy Corporation (DVN) has recently disclosed that it has completed the sale of Barnett Shale assets to Banpu Kalnin Ventures (BKV). Devon received a cash payment of $320 million from BKV at closing, after adjusting for a $170 million deposit received in April 2020.

    Noble Energy Inc. (NASDAQ: NBL)

    Noble Energy Inc. (NASDAQ: NBL) Shares headed rising, higher as much as 1.44%. The most recent rating by Citigroup, on August 31, 2020, is at a Neutral. Chevron Corporation (CVX) has disclosed that its acquisition of Noble Energy, Inc. (NBL) has been completed after the approval by Noble Energy shareholders. NBL has moved up 209.89% from its 52-weeks low and moved down -66.27% from its 52-weeks high.

    Parsley Energy Inc. (NYSE: PE)

    Parsley Energy Inc. (NYSE: PE) last closed at $9.41, in a 52-week range of $3.92 to $20.13. Analysts have a consensus price target of $15.63. Parsley Energy Inc. (PE) has earlier announced that it is planning to report third-quarter 2020 financial results on Wednesday, October 28, 2020, after the close of trading on the New York Stock Exchange. This company market capitalization is $3.76 billion at the time of writing.

    Kosmos Energy Ltd. (NYSE: KOS)

    Kosmos Energy Ltd. (NYSE: KOS) stock soar by 5.10% to $1.03. The most recent rating by Goldman, on May 14, 2020, is at a Neutral. Kosmos Energy Ltd. (KOS) disclosed earlier that it has closed a Gulf of Mexico facility with Beal Bank USA and Trafigura Trading LLC (Trafigura). Kosmos has restructured its previously announced Gulf of Mexico prepayment facility into a five-year $200 million term-loan facility secured against the Company’s U.S. Gulf of Mexico assets.

    Antero Resources Corporation (NYSE: AR)

    Antero Resources Corporation (NYSE: AR) shares headed rising, higher as much as 3.33%. The most recent rating by Northland Capital, on September 24, 2020, is at an Outperform. Antero Resources Corporation (AR) earlier revealed the publication of its 2019 Corporate Sustainability Report.  The report details Antero’s ongoing commitment to environmental excellence, strong governance, safe operations, and the communities in which it operates.

    ConocoPhillips (NYSE: COP)

    ConocoPhillips (NYSE: COP) last closed at $33.07, in a 52-week range of $20.84 to $67.13. Analysts have a consensus price target of $49.81. ConocoPhillips (COP) has earlier shared information regarding certain preliminary third-quarter 2020 operational and financial updates. The final third-quarter results will be reported on Oct. 29. This company has a total market capitalization of $1.92 billion.

    Southwestern Energy Company (NYSE: SWN)

    Southwestern Energy Company (NYSE: SWN) rose 3.96% after gaining more than $0.09 on Friday. Southwestern Energy Company (SWN) share price went from a low point around $1.06 to briefly over $3.90 in the past 52 weeks, though shares have since pulled back to $2.51. SWN market cap has remained high, hitting $1.37 billion at the time of writing.

    Centennial Resource Development Inc. (NASDAQ: CDEV)

    Centennial Resource Development Inc. (NASDAQ: CDEV) rose 4.79% after gaining more than $0.02 on Friday. Centennial Resource Development Inc. (CDEV) share price went from a low point around $0.24 to briefly over $5.35 in the past 52 weeks, though shares have since pulled back to $0.63. CDEV market cap has remained high, hitting $160.61 million at the time of writing.

    Ovintiv Inc. (NYSE: OVV)

    Ovintiv Inc. (NYSE: OVV) stock soar by 4.73% to $7.75. The most recent rating by Credit Suisse, on August 05, 2020, is at a Neutral. Ovintiv Inc. (OVV) has moved up 295.71% from its 52-weeks low and moved down -66.76% from its 52-weeks high. This company market capitalization has remained high, hitting $1.92 billion at the time of writing.

  • 3 High Potential Stock to Watch Today: Biotechs Lead the Way

    MyoKardia Inc [NASDAQ: MYOK]

    In a bid to expand its portfolio of heart drugs, Bristol-Myers Squibb Co. Has agreed with MyoKardia Inc to purchase the company for $13.1 billion. In the agreement, Bristol-Myers is set to pay $225 per share which is about 61% premium over the company’s Friday’s closing stock price. MyoKardia’s stock price had risen 59% in its premarket trading.  Following this purchase, Bristol-Myers will now control MyoKardia’s leading product Mavacamten.

    This experimental drug treats obstructive hypertrophic cardiomyopathy. This acquisition will have expanded Bristol-Myers’ scope of heart drugs from those focussing only on oncology, an area where the industry has focussed on for quite a while now. According to the statement issued regarding this deal, Bristol-Myers will issue an application for the approval of Mavacamten during the first quarter of 2021.

    The company plans to research more on the uses of this drug and manufacture other additional experimental compounds that they will get from MyoKardia. Hypertrophic cardiomyopathy is a heart condition in which heart muscles develop abnormal thickness preventing the heart from pumping blood effectively. The condition affects about one in 500 people.

    Kosmos Energy Ltd [NYSE: KOS]  

    Kosmos Energy, a deepwater independent gas and oil exploration and production company announced today that it has shut down its facility at the Gulf of Mexico with Trafigura Trading LLC and Beal Bank USA.  In a move set to strengthen the corporation’s liquidity position, it has restructured its facility at the Gulf of Mexico into a five-year $200 million loan term that will be backed by the company’s assets at the same Gulf.

    Another $50 million advanced from Trafigura signed in June has been rolled into the facility with backing from CSG Investments; Inc. Beal Bank will provide the remaining $150 million. With a 6% interest rate, the facility has increased its borrowing capacity by $50 million, extended its repayment term by five years, and secured a feature to expand the facility by up to $300 million.

    Neal Shah, the Chief Financial Officer said in a statement that the closing of this facility has enhanced the company’s liquidity position, given it access to low-cost and flexible financing as well as free cash generated low-cost production assets. He expects the company’s balance sheet to strengthen significantly as of 2021.

    Corvus Pharmaceuticals Inc [NASDAQ: CRVS]

    Corvus share price saw a sudden spike after the company announced that its small phase 1 early-stage clinical trial could produce antibodies and T-cells among some Covid-19 patients. The share price rose by 39.1% in premarket trading on Monday after this announcement.

    The clinical trial, open-label, Phase 1 study has already administered three doses in 15 test-patients and hopes to expand its scope to about 30 patients that exhibit mild to moderate symptoms of the disease.  In a preprint issued in September, the company had shown the results for the two of the doses administered in 10 patients. This publication has not been peer-reviewed.

    Corvus plans to release the full results from the first phase at the end of this year.  Its stock is still 25.2% down as of this year with the S&P 500 gaining about 3.6%.

  • 20 Trending Stocks In Oil And Gas Industry You Should Keep Your Eyes On

    20 Trending Stocks In Oil And Gas Industry You Should Keep Your Eyes On

    The dependence on oil and gas is continuously increasing as the global economies continue to depend on petroleum-based products. This industry has gained a reputation as the world’s largest industry. The oil and gas industry has an enormous impact on all aspects of daily life. Oil and gas provide the 7.7 billion people of the world with 57 percent of their daily energy needs.

    The technological advancements and the new emerging trends have changed this industry. The outbreak of coronavirus has impacted this industry and has added a major layer of uncertainty. Let take a look at the top 20 companies which are following new trends and are competing in the market with their unique products and services:

    WPX Energy Inc. (NYSE: WPX)

    WPX Energy Inc. (NYSE: WPX) shares were trading up 16.44% at $5.17 at the time of writing on Monday. WPX Energy Inc. (NYSE: WPX) share price went from a low point around $1.94 to briefly over $14.43 in the past 52 weeks, though shares have since pulled back to $5.17. WPX market cap has remained high, hitting $2.88B at the time of writing, giving it a price-to-sales ratio of more than 1.

    U.S. oil and gas producer Devon Energy Corp revealed on Monday it will acquire shale-oil rival WPX Energy Inc for $2.56 billion as it is trying to boost its presence in the top U.S. oilfield. If we look at the recent analyst rating WPX, Truist upgraded coverage on WPX shares with a Buy rating.

    Devon Energy Corporation (NYSE: DVN)

    Devon Energy Corporation (NYSE: DVN) last closed at $9.80, in a 52-week range of $4.60 to $26.42. WPX ENERGY Bragar Eagel & Squire, P.C. Investigates Sale of WPX and Encourages Investors to Contact the Firm. Earlier, Devon Energy Corporation has announced the acquisition of WPX Energy Inc. This is the biggest shale deal of the same sector. Devon Energy has moved up 102.94% from its 52-weeks low and moved down -64.65% from its 52-weeks high. It has a total market capitalization of $3.81 billion at the time of writing.

    Marathon Oil Corporation (NYSE: MRO)

    Marathon Oil Corporation (NYSE: MRO) stock soar by 3.62% to $4.29. The most recent rating by Northland Capital, on September 14, 2020, is at a Market perform. Marathon Oil Corporation (MRO) has earlier started a cash tender offer for up to an aggregate principal amount of $500,000,000 of its outstanding $1,000,000,000 aggregate principal amount of 2.800% Senior Notes due 2022. It has a total market capitalization of $3.53 billion at the time of writing.

    Occidental Petroleum Corporation (NYSE: OXY)

    Occidental Petroleum Corporation (NYSE: OXY) shares headed rising, higher as much as 1.17%. The most recent rating by Scotiabank, on September 24, 2020, is at a Sector outperform. Occidental Petroleum Corporation (OXY) earlier announced that it will pay a $200 million quarterly dividend to Warren Buffett’s Berkshire Hathaway Inc in cash instead of common stock, even as the company tries to reduce debt following a plunge in oil prices.

    Apache Corporation (NASDAQ: APA)

    Apache Corporation (NASDAQ: APA) rose 4.26% after gaining more than $0.42 on Monday. Apache Corporation (APA) board of directors of Apache Corporation has earlier declared a regular cash dividend on the company’s common shares. The dividend on common shares is payable Nov. 23, 2020, to stockholders of record on Oct. 22, 2020, at a rate of 2.5 cents per share on the corporation’s common stock.

    Oasis Petroleum Inc. (NASDAQ: OAS)

    Oasis Petroleum Inc. (NASDAQ: OAS) fall -0.29% after losing more than $0.0 on Monday. Oasis Petroleum Inc. (OAS) has earlier announced that the Company elected to enter into a 30-day grace period and defer making the interest payments due September 15, 2020, on its 6.875% Senior Unsecured Notes due 2022 and 2.625% Senior Unsecured Convertible Notes due 2023.

    CNX Resources Corporation (NYSE: CNX)

    CNX Resources Corporation (NYSE: CNX) last closed at $10.22, in a 52-week range of $4.26 to $14.19. Analysts have a consensus price target of $13.67. CNX Resources Corporation (CNX) has earlier revealed that CNX has completed the acquisition of all of the outstanding common units of CNX Midstream that it did not already own. Its market capitalization has remained high, hitting $2.06 billion at the time of writing.

    EOG Resources Inc. (NYSE: EOG)

    EOG Resources Inc. (NYSE: EOG) stock drop by -0.03% to $37.44. The most recent rating by Northland Capital, on September 14, 2020, is at a Market perform. EOG Resources Inc. (EOG) has earlier named Michael T. Kerr as a member of the Board of Directors, effective October 5, 2020. Kerr has over 36 years of investment experience, including 35 years with Capital Group, home of American Funds®, and one of the world’s oldest and largest investment management organizations.

    SM Energy Company (NYSE: SM)

    SM Energy Company (NYSE: SM) Shares headed rising, higher as much as 0.58%. The most recent rating by Seaport Global Securities, on July 27, 2020, is at a Neutral. SM Energy Company (SM) revealed that its Board of Directors has approved a semi-annual cash dividend of $0.01 per share of common stock outstanding. The dividend will be paid on November 4, 2020, to stockholders of record as of the close of business on October 23, 2020.

    Southwestern Energy Company (NYSE: SWN)

    Southwestern Energy Company (NYSE: SWN) last closed at $2.50, in a 52-week range of $1.06 to $3.90. Analysts have a consensus price target of $3.28. Southwestern Energy Company (SWN) has moved up 118.87% from its 52-weeks low and moved down -40.51% from its 52-weeks high. It has a total market capitalization of $1.56 billion at the time of writing.

    Noble Energy Inc. (NASDAQ: NBL)

    Noble Energy Inc. (NASDAQ: NBL) stock soar by 3.06% to $8.75. The most recent rating by Citigroup, on August 31, 2020, is at a Neutral. Noble Energy Inc. (NBL) share price went from a low point around $2.73 to briefly over $25.08 in the past 52 weeks, though shares have since pulled back to $8.58. NBL market cap has remained high, hitting $4.25 B at the time of writing.

    Parsley Energy Inc. (NYSE: PE)

    Parsley Energy Inc. (NYSE: PE) shares headed rising, higher as much as 7.43%. The most recent rating by Piper Sandler, on July 21, 2020, is at an Overweight. Parsley Energy Inc. (PE) shares fluctuated between the low of $3.92 and a high of $20.13. It has moved up 140.82% from its 52-weeks low and moved down -53.09% from its 52-weeks high. This company market capitalization has remained high, hitting $4.02 billion at the time of writing.

    Antero Resources Corporation (NYSE: AR)

    Antero Resources Corporation (NYSE: AR) last closed at $2.96, in a 52-week range of $0.64 to $4.64. Analysts have a consensus price target of $4.13. Antero Resources Corporation (AR) has moved up 340.13% from its 52-weeks low and moved down -39.48% from its 52-weeks high. It has a total market capitalization of $832.38 Million at the time of writing.

    ConocoPhillips (NYSE: COP)

    ConocoPhillips (NYSE: COP) stock soar by 0.03% to $33.71. The most recent rating by KeyBanc Capital Markets, on September 25, 2020, is at an Overweight. ConocoPhillips shares fluctuated between the low of $20.84 and a high of $67.13. It has moved up 59.06% from its 52-weeks low and moved down -50.62% from its 52-weeks high. This company market capitalization has remained high, hitting $36.05 billion at the time of writing.

    Centennial Resource Development Inc. (NASDAQ: CDEV)

    Centennial Resource Development Inc. (NASDAQ: CDEV) shares headed rising, higher as much as 13.42%. The most recent rating by Wells Fargo, on September 14, 2020, is at an Underweight. Centennial Resource Development Inc. (CDEV) share price went from a low point around $0.24 to briefly over $5.35 in the past 52 weeks, though shares have since pulled back to $0.62. CDEV market cap has remained high, hitting $187.84 Million at the time of writing.

    Kosmos Energy Ltd. (NYSE: KOS)

    Kosmos Energy Ltd. (NYSE: KOS) rose 6.00% after gaining more than $0.06 on Monday. Kosmos Energy Ltd. (KOS) shares fluctuated between the low of $0.50 and a high of $7.55. It has moved up 101.60% from its 52-weeks low and moved down -86.62% from its 52-weeks high. This company market capitalization has remained high, hitting $446.90 million at the time of writing.

    Ovintiv Inc. (NYSE: OVV)

    Ovintiv Inc. (NYSE: OVV) stock soar by 1.97% to $8.79. The most recent rating by Credit Suisse, on August 05, 2020, is at a Neutral. Ovintiv Inc. (OVV) share price went from a low point around $2.10 to briefly over $25.00 in the past 52 weeks, though shares have since pulled back to $8.30. OVV market cap has remained high, hitting $2.33 Billion at the time of writing.

    Range Resources Corporation (NYSE: RRC)

    Range Resources Corporation (NYSE: RRC) rose 3.25% after gaining more than $0.23 on Monday. Range Resources Corporation (RRC) shares fluctuated between the low of $1.61 and a high of $9.73. It has moved up 332.92% from its 52-weeks low and moved down -25.61% from its 52-weeks high. This company market capitalization has remained high, hitting $1.93 billion at the time of writing.

    Tellurian Inc. (NASDAQ: TELL)

    Tellurian Inc. (NASDAQ: TELL) last closed at $0.73, in a 52-week range of $0.67 to $8.72. Tellurian Inc. (TELL) It has moved up 10.13% from its 52-weeks low and moved down -91.58% from its 52-weeks high. This company market capitalization has remained high, hitting $232.13 Million at the time of writing.

    Murphy Oil Corporation (NYSE: MUR)

    Murphy Oil Corporation (NYSE: MUR) Shares headed rising, higher as much as 5.38%. The most recent rating by Scotiabank, on September 24, 2020, is at a Sector underperform. Murphy Oil Corporation (MUR) has a total market capitalization of $1.43 billion at the time of writing.

  • 20 Trending Oil And Gas Stocks For This Year

    20 Trending Oil And Gas Stocks For This Year

    If there’s one thing we know for sure, it’s that the oil and gas industry is continuously changing. The oil and Gas Industry is considered to be the largest industry in the world as the dependence of the world on oil and gases continuously increasing. Global economies continue to depend heavily on petroleum-based products. If we take a look at the big picture, it looks like we’re in a pretty healthy oil and gas economy at the moment.

    The COVID-19 pandemic has heavily affected the oil and gas industry and with the increased demands, there are many challenges that are impacting the oil and gas and exploration and production industry. Oil demand is expected to increase by an average of 1.4% per year.  Oil companies must invent new technologies to increase recovery from mature oil fields and deep offshore locations.

    Let’s take a quick look at the top 20 leading companies in the oil and gas industry that are using new technologies:

    Occidental Petroleum Corporation (NYSE: OXY)

    Occidental Petroleum Corporation (NYSE: OXY) shares were trading down -7.95% at $10.19 at the time of writing on Thursday. Occidental Petroleum Corporation (NYSE: OXY) share price went from a low point around $9.00 to briefly over $48.85 in the past 52 weeks, though shares have since pulled back to $10.19. OXY market cap has remained high, hitting $9.74B at the time of writing, giving it a price-to-sales ratio of more than 0.

    Occidental has announced the expiration and final results in Cash Tender Offers and consent solicitations for certain of its senior notes. If we look at the recent analyst rating OXY, MKM Partners upgraded coverage on OXY shares with a Buy rating and a $15.89 price target, which implies room for 5.7% upside momentum this year.

    Centennial Resource Development Inc. (NASDAQ: CDEV)

    Centennial Resource Development Inc. (NASDAQ: CDEV) stock drop by -10.43% to $0.52. The most recent rating by SunTrust, on April 29, 2020, is at a Hold. Centennial Resource Development Inc. (CDEV) has earlier disclosed that Sean R. Smith, Chief Executive Officer, has earlier participated at the Barclays CEO Energy-Power Conference to be held virtually on Wednesday, September 9, 2020. Centennial Resource Development Inc. has a market capitalization of $145.70 million at the time of writing.

    Parsley Energy Inc. (NYSE: PE)

    Parsley Energy Inc. (NYSE: PE) fall -5.68% after losing more than -$0.57 on Thursday. Parsley Energy Inc. (PE) has earlier shared its 2019 Corporate Responsibility Report. The report describes the commitment and approach of Parsely to governance, environmental stewardship, health and safety, talent attraction and retention, and community engagement. It has a total market capitalization of $3.90 billion at the time of writing.

    ConocoPhillips (NYSE: COP)

    ConocoPhillips (NYSE: COP) stock drop by -4.47% to $32.92. The most recent rating by Credit Suisse, on August 05, 2020, is at an Outperform. ConocoPhillips (COP) announced Tuesday that it has appointed Eric Mullins to the company’s board of directors. Mr. Mullins has spent his career in finance, most recently established Lime Rock Resources in 2005. Its market cap remained high, hitting, $35.44 billion at the time of writing.

    Kosmos Energy Ltd. (NYSE: KOS)

    Kosmos Energy Ltd. (NYSE: KOS) fall -9.32% after losing more than -$0.11 on Thursday. Kosmos Energy Ltd. (KOS)
    has disclosed it has signed an agreement with B.V. Dordtsche Petroleum Maatschappij a wholly-owned subsidiary of Royal Dutch Shell PLC, to farm down interests in a portfolio of frontier exploration assets for approximately $100 million, plus future contingent payments of up to $100 million. It has a total market capitalization of $473.19 million at the time of writing.

    Northern Oil and Gas Inc. (AMEX: NOG)

    Northern Oil and Gas Inc. (AMEX: NOG) Shares headed falling, lower as much as -7.87% after Northern Oil and Gas, Inc. announces the first acquisition in the Delaware Basin, Operations Update. Northern has acquired non-operated interests in the Delaware Basin from an undisclosed seller consisting of approximately 66 net acres, on which 1.1 initial net wells have been proposed. The most recent rating by ROTH Capital, on August 27, 2020, is at a Buy. Northern Oil and Gas Inc. (AMEX: NOG) has a market cap of $228.10 million at the time of writing.

    Ovintiv Inc. (NYSE: OVV)

    Ovintiv Inc. (NYSE: OVV) Shares headed falling, lower as much as -7.95%. The most recent rating by Credit Suisse, on August 05, 2020, is at a Neutral. Ovintiv Inc. (OVV) earlier disclosed that its unit, Ovintiv Canada ULC, has concluded an agreement with PetroChina Canada Ltd. (PCC) to terminate the parties’ joint venture and transfer the ownership and operation of certain shale assets in west-central.

    Marathon Oil Corporation (NYSE: MRO)

    Marathon Oil Corporation (NYSE: MRO) last closed at $4.36, in a 52-week range of $3.02 to $14.39. Analysts have a consensus price target of $7.61. Marathon Oil Corporation’s market cap has remained high, hitting $3.48 billion at the time of writing.

    Noble Energy Inc. (NASDAQ: NBL)

    Noble Energy Inc. (NASDAQ: NBL) stock drop by -2.94% to $9.24. The most recent rating by Citigroup, on August 31, 2020, is at a Neutral. In the past 52-weeks of trading, Noble Energy Inc. (NBL) stock fluctuated between the low range of $2.73 and a high of $27.31. It has traded up 238.46% from its 52-weeks low and moved down -66.17% from its 52-weeks high. It has a market capitalization of $4.49 billion at the time of writing.

    Murphy Oil Corporation (NYSE: MUR)

    Murphy Oil Corporation (NYSE: MUR) Shares headed falling, lower as much as -9.89%. The most recent rating by Truist, on September 01, 2020, is at a Buy. Murphy Oil Corporation (MUR) share price went from a low point around $4.50 to briefly over $28.12 in the past 52 weeks, though shares have since pulled back to $10.02.  Murphy Oil Corporation’s market cap has remained high, hitting $1.56 billion at the time of writing.

    Oasis Petroleum Inc. (NASDAQ: OAS)

    Oasis Petroleum Inc. (NASDAQ: OAS) fall -10.46% after losing more than -$0.05 on Thursday. Oasis Petroleum Inc. (OAS) has a 52-weeks low range of $0.24 and a high range of $4.87. Oasis Petroleum has traded up 70.79% from its 52-weeks low and traded down -91.58% from its 52-weeks high. Looking at its liquidity, it has a current ratio of 1.20.  Oasis Petroleum Inc. has a total market capitalization of $133.95 million.

    Southwestern Energy Company (NYSE: SWN)

    Southwestern Energy Company (NYSE: SWN) last closed at $2.41. Analysts have a consensus price target of $3.38. Southwestern Energy Company (SWN) share price went from a low point around $1.06 to briefly over $3.90 in the past 52 weeks, though shares have since pulled back to $2.41. Southwestern Energy Company market cap has remained high, hitting $1.43 billion at the time of writing.

    Devon Energy Corporation (NYSE: DVN)

    Devon Energy Corporation (NYSE: DVN) Shares headed falling, lower as much as -7.41%. The most recent rating by CapitalOne, on August 26, 2020, is at an Overweight. Devon Energy Corporation (DVN) has a 52-weeks low range of $4.60 and a high range of $27.82. Devon Energy Corporation has traded up 92.73% from its 52-weeks low and traded down -68.12% from its 52-weeks high. Looking at its liquidity, it has a current ratio of 2.30.  Devon Energy Corporation has a total market capitalization of $3.37 billion.

    Antero Resources Corporation (NYSE: AR)

    Antero Resources Corporation (NYSE: AR) last closed at $2.65, in a 52-week range of $0.64 to $4.64. Analysts have a consensus price target of $4.04. If we look at the profitability of Antero Resources Corporation (AR), it has a return on assets of -14.50%, return on equity (ROE) of -31.90%, and return on investment (ROI) of 1.70%. Its Gross Margin is 51.20%, the Profit  Margin is -55.80%, and Operating Margin is -56.80%. Its market cap remained high, hitting, $706.83 million at the time of writing.

    Apache Corporation (NASDAQ: APA)

    Apache Corporation (NASDAQ: APA) shares headed falling, lower as much as -8.67%. The most recent rating by Evercore ISI, on August 27, 2020, is at an Outperform. Apache Corporation (APA) share price went from a low point around $3.80 to briefly over $33.77 in the past 52 weeks, though shares have since pulled back to $12.01. Apache Corporation’s market cap has remained high, hitting $4.47 billion at the time of writing.

    WPX Energy Inc. (NYSE: WPX)

    WPX Energy Inc. (NYSE: WPX) last closed at $4.34, in a 52-week range of $1.94 to $14.43. Analysts have a consensus price target of $9.05. If we look at the profitability of WPX Energy Inc. (WPX), it has a return on assets of -8.60%, return on equity (ROE) of -16.90%, and return on investment (ROI) of 6.10%. Its Gross Margin is 94.80%, the Profit  Margin is -29.90%, and Operating Margin is -23.30%. Its market cap remained high, hitting, $2.42 Billion at the time of writing.

    SM Energy Company (NYSE: SM)

    SM Energy Company (NYSE: SM) stock drop by -13.33% to $1.82. The most recent rating by Seaport Global Securities, on July 27, 2020, is at a Neutral. SM Energy Company (SM) share price went from a low point around $0.90 to briefly over $12.91 in the past 52 weeks, though shares have since pulled back to $1.82. SM Energy Compan’s market cap has remained high, hitting $193.47 Million at the time of writing.

    EOG Resources Inc. (NYSE: EOG)

    EOG Resources Inc. (NYSE: EOG) fall -9.22% after losing more than -$3.86 on Thursday. EOG Resources Inc. (EOG) has a 52-weeks low range of $27.00 and a high range of $89.54. EOG Resources Inc. has traded up 40.74% from its 52-weeks low and traded down -57.56% from its 52-weeks high. Looking at its liquidity, it has a current ratio of 2.10.  EOG Resources Inc. has a total market capitalization of $22.12 billion.

    Tellurian Inc. (NASDAQ: TELL)

    Tellurian Inc. (NASDAQ: TELL) last closed at $0.75, in a 52-week range of $0.67 to $9.06. If we look at the profitability of Tellurian Inc. (TELL), it has a return on assets of -67.80%, return on equity (ROE) of -166.80%, and return on investment (ROI) of -46.60%. Its Gross Margin is 47.40%, Its market cap remained high, hitting, $242.37 Million at the time of writing.

    PDC Energy Inc. (NASDAQ: PDCE)

    PDC Energy Inc. (NASDAQ: PDCE) stock drop by -21.27% to $11.66 after PDC Energy announced the Pricing of $150 Million Tack-On Senior Notes Offering. The most recent rating by Goldman, on August 13, 2020, is at a Buy. PDC Energy Inc. (PDCE) has a market capitalization of $1.15 billion at the time of writing.