Oil prices may be surging, but the rising tide of crude so far isn't lifting up shares of Halliburton.
Saudi Arabia is primed to pick up the slack in the oil markets with the impending loss of Iranian crude as the Trump Administration ratchets up the pressure on Tehran.
Until the production and exploration companies start gaining momentum it will be hard for service companies to do the same.
For those willing to play the oil services game, SLB is the better long position going forward than HAL.
What I see from 10,000 feet above... in the age of suddenly profitable fuel as cargo, are the railroads.
A rundown of several oil companies that could soon be on the block.
This deal will certainly strengthen Chevron's position in the Permian Basin, while also adding to global reserves of both petroleum and LNG.
Anadarko is surging as its planned, $33 billion acquisition by Chevron recognizes its underlying value.
Interestingly, these two asset classes have been positively correlated in recent months.
When you have watched oil stocks go nowhere despite a huge run in crude, perhaps it is time to take the other side of the trade.
XOM looks ready for a LEAP back to $90.
The Kingdom must balance between pleasing their key ally, the U.S. -- and the president's prolific tweets -- and their own domestic needs.
I am taking profits on energy names on WTI's 32% quarterly gain.
An unusual play on liquid natural gas, a one-of-a-kind royalty trust, a low-risk, diversified mutual fund, two high-yielding midstream MLPs, and a trio of oil ETFs.
They are more seasoned than traders of any other asset class.
Let me tell you what I am hearing is the big sticking point in the talks with China.
Here's the problem with these oil breakouts.
The apple of my eye is still the 10% Series A Cumulative Preferred Stock issued by Callon Petroleum.
This recent oil price surge in price is not over, and not priced in. Here is how I am playing it.
In a market full of noise it pays to focus on individual fundamentals. One of my favorite phrases is 'cash flow never lies.'
It appears it may not, as supplies of heavy oil are becoming short even as there is an excess of light sweet oil.
After the Ethiopian Airlines crash, watch your Aerospace and Defense stocks.
Crude oil is a highly emotional market and will always surpass a reasonably fair price to reach levels the market has no fundamental justification for.
And the winners so far outnumber the losers among the six stocks that include a cannabis company, a couple financial giants and two oil plays.
Between options expiry and seasonality, March is a tricky month to navigate.
I continue to be of the view that 2018 marked the beginning of the end of the 10-year Bull Market.
And stay away from under-capitalized, over-indebted shale producers that face pressure to limit capital expenditures.
To break higher from here, the market will need substantially good and incrementally positive new news, beyond just 'talks are going well.'
Let's explore the latest charts and indicators.
I believe a call or call spread strategy that defines risk is the optimal approach here.