Lizhi Inc. (LIZI) stock plunged -8.14% to $4.4 in the pre-market trading after reporting that it entered in-car audio collaboration with Xpeng Motors. The most recent rating by Citigroup, on February 18, 2020, is a Buy.
American Airlines Group Inc. (NASDAQ: AAL) shares are trading up 4.72% at $16.85 at the time of writing. Company’s 52-week ranged between $8.25 to $30.78.
FuelCell Energy Inc. (FCEL) is up more than 5.01% at $7.75 in pre-market hours Friday December 04, 2020. The firm recently declared the pricing of its underwritten public offering of 34,518,539 shares of its common stock, at a public offering price of $6.50 per share. The stock had jumped over 1.93% to $7.38 in the last trading session.
Before the trading started on December 04, 2020, AMC Entertainment Holdings Inc. (AMC) is up 5.51% to reach $3.83. It has been trading in a 52-week range of $1.95 to $8.78.
Cinemark Holdings Inc. (CNK) stock soared 6.02% to $14.1 in the pre-market trading. The most recent rating by Loop Capital, on November 19, 2020, is a Hold.
Iterum Therapeutics plc (ITRM), a Biotechnology company, dropped about -3.8% at $0.809 in pre-market trading Friday.
Norwegian Cruise Line Holdings Ltd. (NYSE: NCLH) shares are trading up 3.7% at $26.36 at the time of writing following its announcement extension of suspension of voyages. Company’s 52-week ranged between $7.03 to $59.78. Analysts have a consensus price target of $26.
Before the trading started on December 04, 2020, Jaguar Health Inc. (JAGX) is up 7.84% to reach $0.399. It has been trading in a 52-week range of $0.19 to $1.08.
Transocean Ltd. (RIG), a Oil & Gas Drilling company, rose about 4.43% at $2.12 in pre-market trading Friday after declaring amendments to certain financing documents and internal reorganization transactions to resolve allegations contained in purported notices of default.
Novan Inc. (NOVN) stock soared 19.92% to $0.67 in the pre-market trading. The most recent rating by Piper Jaffray, on January 06, 2020, is a Neutral.
Li Auto Inc. (LI) lost over -2.48% at $31.51 in pre-market trading Friday December 04, 2020 following declaration its pricing of follow-on public offering of American depositary shares.
Southwestern Energy Company (NYSE: SWN) shares are trading up 2.13% at $2.88 at the time of writing. Company’s 52-week ranged between $1.06 to $3.90. Analysts have a consensus price target of $2.40.
Occidental Petroleum (OXY) is up more than 3.23% at $16.92 in pre-market hours Friday December 04, 2020. The company recently reported the release of its 2020 Climate Report, which provides a pathway detailing milestones to achieve its net-zero aspirations. The stock had jumped over 3.15% to $16.39 in the last trading session.
Torchlight Energy Resources Inc. (TRCH) is up more than 6.9% at $0.48 in pre-market hours Friday December 04, 2020. The stock had jumped over 15.13% to $0.45 in the last trading session.
TransGlobe Energy (TGA) grew over 2.82% at $0.659 in pre-market trading today following its agreement to merge, extend and modernize its eastern Desert concessions.
Before the trading started on December 04, 2020, Catabasis Pharmaceuticals Inc. (CATB) is up 2.07% to reach $1.97. It has been trading in a 52-week range of $1.25 to $8.59.
Inovio Pharmaceuticals Inc. (INO) stock moved up 8.07 percent to $13.53 in the pre-market trading after declaring the execution of an agreement with Kaneka Eurogentec S.A., for Eurogentec to manufacture INOVIO’s COVID-19 vaccine candidate INO-4800 at their industry-leading GMP plasmid production scales.
Clovis Oncology Inc. (CLVS) is down more than -4.81% at $5.15 in pre-market hours Friday December 04, 2020. The stock had jumped over 11.09% to $5.41 in the last trading session.
Cinedigm Corp. (CIDM) gained over 71.43% at $0.96 in pre-market trading Friday December 04, 2020 after reporting that its eight additional linear streaming channels are now Available on Rad’s fast-growing global streaming platform.
Onconova Therapeutics Inc. (ONTX) stock plunged -1.9% to $0.3143 in the pre-market trading. The most recent rating by H.C. Wainwright, on March 01, 2018, is a Buy.
Marvell Technology Group Ltd. (MRVL) stock plunged -5.1% to $43.2 in the pre-market trading after announcing a quarterly dividend of $0.06 per share of common stock payable on January 14, 2021 to shareholders of record as of December 23, 2020. The most recent rating by Craig Hallum, on October 30, 2020, is a Buy.
QEP Resources Inc. (QEP) stock soared 5.0% to $2.1 in the pre-market trading. The most recent rating by JP Morgan, on July 20, 2020, is a Neutral.
Arlo Technologies Inc. (NYSE: ARLO) shares are trading up 3.09% at $7.0 at the time of writing. The company recently revealed that Matthew McRae, CEO, and Gordon Mattingly, CFO, will present at the Raymond James Virtual Technology Investors Conference on Tuesday, December 8, 2020. Company’s 52-week ranged between $1.20 to $7.75. Analysts have a consensus price target of $6.
Before the trading started on December 04, 2020, Nxt-ID Inc. (NXTD) is down -3.91% to reach $0.41. It has been trading in a 52-week range of $0.21 to $0.89.
Halliburton Company (HAL) gained over 3.66% at $18.68 in pre-market trading Friday December 04, 2020 following its deal with Accenture (ACN), to accelerate Halliburton’s digital supply chain transformation and support digitalization within the Company’s manufacturing function.
United Microelectronics (UMC) stock soared 10.32% to $8.55 in the pre-market trading. The most recent rating by Credit Suisse, on October 12, 2020, is an Outperform.
Before the trading started on December 04, 2020, Cloudera Inc. (CLDR) is up 14.85% to reach $13.3 after reporting results for its third quarter of fiscal 2021, ended October 31, 2020. It has been trading in a 52-week range of $4.76 to $14.20.
Before the trading started on December 04, 2020, Isoray Inc. (ISR) is down -4.92% to reach $0.47. It has been trading in a 52-week range of $0.35 to $1.06.
iBio Inc. (AMEX: IBIO) shares are trading down -0.66% at $1.51 at the time of writing. The firm recently reported an agreement with Belgium-based ATB Therapeutics to produce its bioengineered antibody-toxin fusion proteins using iBio’s FastPharming® System. Company’s 52-week ranged between $0.14 to $7.45. Analysts have a consensus price target of $2.55.
Centennial Resource Development Inc. (CDEV) stock soared 3.13% to $1.32 in the pre-market trading. The most recent rating by MKM Partners, on November 30, 2020, is a Neutral.
BioCryst Pharmaceuticals Inc. (BCRX) is up more than 24.44% at $6.39 in pre-market hours Friday December 04, 2020 following the FDA Approval of ORLADEYO™ (berotralstat), First Oral, Once-daily Therapy to prevent attacks in Hereditary Angioedema patients. The stock had jumped over 1.88% to $5.14 in the last trading session.
Borr Drilling Limited (BORR) is up more than 6.86% at $0.854 in pre-market hours Friday December 04, 2020. The stock had dropped over -1.78% to $0.80 in the last trading session.
Before the trading started on December 04, 2020, Blink Charging Co. (BLNK) is up 4.14% to reach $23.64 after declaring an agreement with JSC Management Group, a large Burger King franchisee, to deploy numerous EV charging stations at key Burger King locations across the Northeast. It has been trading in a 52-week range of $1.25 to $34.67.
Banco Santander S.A. (SAN) grew over 3.74% at $3.33 in pre-market trading today.
Kandi Technologies Group Inc. (NASDAQ: KNDI) shares are trading up 2.98% at $8.3 at the time of writing. Company’s 52-week ranged between $2.17 to $17.45.
InVivo Therapeutics Holdings Corp. (NVIV) lost over -4.67% at $0.6101 in pre-market trading Friday December 04, 2020.
Aehr Test Systems (AEHR), a Semiconductor Equipment & Materials company, dropped about -8.74% at $1.88 in pre-market trading Friday after receiving $4.3 million order for initial FOX-XP™ test cell for production test of mobile sensor devices.
ICICI Bank Limited (IBN) grew over 4.48% at $13.75 in pre-market trading today.
NanoVibronix Inc. (NAOV) stock moved down -7.96 percent to $1.04 in the pre-market trading following the announcement of $6.0 million private placement.
DocuSign Inc. (DOCU), a Software – Application company, rose about 4.43% at $241.25 in pre-market trading Friday.
Dada Nexus Limited (DADA) is up more than 4.4% at $47.2 in pre-market hours Friday December 04, 2020 after reporting that Dada Now has partnered with dozens of cake chain brands across China, doubling the number of cooperating stores year-over-year as of November 2020. The stock had dropped over -15.65% to $45.21 in the last trading session.
Salarius Pharmaceuticals Inc. (SLRX) stock moved up 1.85 percent to $1.1 in the pre-market trading.
Auris Medical Holding Ltd. (NASDAQ: EARS) shares are trading down -3.23% at $3.3 at the time of writing after it pricing $8,000,000 common shares offering priced at-the-market. Company’s 52-week ranged between $0.65 to $6.60. Analysts have a consensus price target of $2.50.
Acasti Pharma Inc. (ACST) lost over -2.94% at $0.33 in pre-market trading Friday December 04, 2020.
Micro Focus International plc (MFGP) is up more than 6.3% at $6.07 in pre-market hours Friday December 04, 2020. The firm recently declared the findings of its ‘Endless Modernization’ research with Standish Group. The stock had jumped over 14.66% to $5.71 in the last trading session.
BP p.l.c. (BP), a Oil & Gas Integrated company, rose about 4.54% at $22.33 in pre-market trading Friday.
Tantech Holdings Ltd (NASDAQ: TANH) shares are trading up 4.27% at $1.71 at the time of writing after announcing the launch by its subsidiary, Shangchi Automobile Co., Ltd. (“Shangchi Automobile”), of its newest highly innovative driverless and autonomous street sweeper. Company’s 52-week ranged between $0.81 to $3.65.
Trine Acquisition Corp. (TRNE) gained over 7.05% at $15.49 in pre-market trading Friday December 04, 2020.
Enlivex Therapeutics Ltd. (ENLV) grew over 5.26% at $12.0 in pre-market trading today after reporting positive interim results of an investigator-initiated Phase II clinical trial evaluating AllocetraTM in severe and critical COVID-19 patients.
Tag: Marathon Oil Corporation
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What changed for these 49 stocks in Pre Market Session
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12 Trending Stocks In Oil & Gas Industry To Invest In
The Oil & Gas Industry is considered to be the most important industry in the world. The fluctuation in Oil and Gas prices also impact the prices of other necessary commodities because the dependence of the world on Oil and Gas is continuously increasing. This industry has also experienced the impact of the COVID-19 pandemic. It is fulfilling the 57 percent energy needs of 7.7 billion people around the world.
We all know that technology is the one that impacts every industry. This industry is also adopting new technologies to improve the efficiency and performance of the industry.
Half of 2020 is passed and half is underway and the predicting trends of this year are also in the process. Few Oil and Gas industry trends of 2020 are as follows: adoption of modern technologies, increase in demand for natural gas, and social responsibility. Social responsibility is a new trend that is emerging in the current few years.
Check out these 12 leading companies in Oil & Gas E & P industry to see whether these companies are following new trends or not:
Marathon Oil Corporation (NYSE: MRO)
Marathon Oil Corporation (NYSE: MRO) shares were trading down 0.00% at $4.13 at the time of writing on Tuesday. Marathon Oil Corporation (NYSE: MRO) share price went from a low point around $3.02 to briefly over $14.07 in the past 52 weeks, though shares have since pulled back to $4.13. MRO market cap has remained high, hitting $3.21B at the time of writing, giving it a price-to-sales ratio of more than 0.
Marathon Oil Corporation has earlier announced the reinstatement of base dividend and the debt reduction initiatives. If we look at the recent analyst rating MRO, Northland Capital initiated coverage on MRO shares with a market perform rating and a $6.89 price target, which implies room for 2.76% upside momentum this year.
Parsley Energy Inc. (NYSE: PE)
Parsley Energy Inc. (NYSE: PE) rose 0.87% after gaining more than $0.09 on Tuesday. Lifshitz Law Firm, P.C. has announced the Investigation of BioSpecifics Technologies Corp., Cleveland BioLabs, Inc., Concho Resources Inc., CONSOL Energy Inc., CONSOL Coal Resources LP, GCI Liberty, Inc., Liberty Broadband Corporation, Parsley Energy, Inc., Pioneer Natural Resources Company and PNM Resources, Inc.
Occidental Petroleum Corporation (NYSE: OXY)
Occidental Petroleum Corporation (NYSE: OXY) last closed at $9.27, in a 52-week range of $9.00 to $47.58. Analysts have a consensus price target of $13.84. Occidental Petroleum Corporation (OXY) has earlier announced that it has decided to report its third-quarter 2020 financial results on November 9, 2020. The company is also planning to hold a conference call to discuss results on November 10, 2020.
Southwestern Energy Company (NYSE: SWN)
Southwestern Energy Company (NYSE: SWN) stock drop by -4.32% to $2.88. The most recent rating by Raymond James, on October 21, 2020, is at an Mkt perform. Previously, Southwestern Energy Company (SWN) has announced its plan to reveal the third-quarter 2020 financial results on October 29, 2020, after the market close. The company will also hold a conference call on October 30, 2020, to discuss the financial results.
ConocoPhillips (NYSE: COP)
ConocoPhillips (NYSE: COP) shares headed falling, lower as much as -0.20%. The most recent rating by KeyBanc Capital Markets, on September 25, 2020, is at an Overweight. Bragar Eagel & Squire, P.C., a nationally recognized stockholder rights law firm, has started an investigation into whether the board members of Concho Resources Inc. violated their fiduciary duties or violated the federal securities laws in connection with the company’s merger with ConocoPhillips.
Devon Energy Corporation (NYSE: DVN)
Devon Energy Corporation (NYSE: DVN) last closed at $8.69, in a 52-week range of $4.60 to $26.42. Devon Energy Corporation (DVN) has announced its plan to reveal the third-quarter 2020 financial results on October 29, 2020, after the market close. The company will also hold a conference call on October 30, 2020, to discuss the financial results.
Apache Corporation (NASDAQ: APA)
Apache Corporation (NASDAQ: APA) shares headed falling, lower as much as -2.51%. The most recent rating by CapitalOne, on September 11, 2020, is at an Overweight. Apache Corporation (APA) has earlier provided supplemental information regarding certain third-quarter 2020 financial and operational results. The company has decided to share the earning results on November 4, 2020.
Antero Resources Corporation (NYSE: AR)
Antero Resources Corporation (NYSE: AR) fall -1.61% after losing more than -$0.06 on Tuesday. Antero Resources Corporation (AR) announced that it has decided to reveal the third-quarter 2020 financial results on October 28, 2020, after the market close. The company will also hold a conference call on October 29, 2020, to discuss the financial results.
EQT Corporation (NYSE: EQT)
EQT Corporation (NYSE: EQT) stock soar by 3.39% to $16.16. The most recent rating by Morgan Stanley, on October 09, 2020, is at an Overweight. EQT Corporation (EQT) signed a purchase and sale agreement with Chevron U.S.A.Inc. under which EQT will buy upstream and midstream assets of Chevron located in the Appalachian Basin for $735 million.
Range Resources Corporation (NYSE: RRC)
Range Resources Corporation (NYSE: RRC) shares headed falling, lower as much as -1.37%. The most recent rating by BofA Securities, on October 26, 2020, is at a Buy. Range Resources Corporation (RRC) has decided to reveal the third-quarter 2020 financial results on October 29, 2020, after the market close. The company will also hold a conference call on October 30, 2020, to discuss the financial results.
Gulfport Energy Corporation (NASDAQ: GPOR)
Gulfport Energy Corporation (NASDAQ: GPOR) stock soar by 0.71% to $0.27. The most recent rating by Stifel, on March 31, 2020, is at a Sell. Gulfport Energy Corporation (GPOR) share price went from a low point around $0.21 to briefly over $3.88 in the past 52 weeks. GPOR market cap has remained high, hitting $44.24 Million at the time of writing.
EOG Resources Inc. (NYSE: EOG)
EOG Resources Inc. (NYSE: EOG) last closed at $34.58, in a 52-week range of $27.00 to $89.54. Analysts have a consensus price target of $63.32. EOG Resources Inc. (EOG) has moved up 28.07% from its 52-weeks low and moved down -61.38% from its 52-weeks high. EOG market cap has remained high, hitting $19.82 billion at the time of writing.
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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.
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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.
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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.