In 45 years, the world has gone from energy shortage and fears of "Peak Oil" to an energy glut where it seems the world is drowning in oil and floating on a cloud of natural gas at the same time.
Yet that may not last. My models predict a long-term rise in energy demand and energy prices.
Of course, the same amount of energy has always been around. It's just a question of technology, geopolitics and price as to whether the energy gets to where it's needed when it's needed.
Hydraulic fracturing, so-called "fracking," is the biggest single factor in opening up oil supplies in the past 30 years. Oil that was always around but trapped in certain rock formations can now be released when those formations are subject to high pressure by pumping in water and sand composites.
Other innovations include horizontal as opposed to vertical drilling, so that one well can extract oil from a much larger area than before. Another rapidly growing aspect of the energy industry is the deployment of large liquefied natural gas (LNG) vessels than can move LNG across oceans instead of the gas being confined to continental areas.
Hot Energy Stocks For 2019: Advantage Oil & Gas Ltd(AAV)
Advisors' Opinion:- [By Max Byerly]
Advantage Oil & Gas (NYSE:AAV) (TSE:AAV) released its quarterly earnings data on Thursday. The oil and gas company reported $0.04 EPS for the quarter, missing the Zacks’ consensus estimate of $0.07 by ($0.03), MarketWatch Earnings reports. The business had revenue of $58.07 million during the quarter, compared to analyst estimates of $62.09 million. Advantage Oil & Gas had a net margin of 39.22% and a return on equity of 2.98%.
- [By Money Morning News Team]
Advantage Oil & Gas Ltd. (NYSE: AAV) is a Calgary-based Canadian energy company that extracts and distributes oil. It produces approximately 35,000 barrels daily across its sites in Saskatchewan and British Columbia.
- [By Ethan Ryder]
Advantage Oil & Gas (NYSE:AAV) (TSE:AAV) was downgraded by analysts at Zacks Investment Research from a hold rating to a sell rating. According to Zacks, “Advantage Oil and Gas Ltd., formerly Advantage Energy Income Fund, is an intermediate oil and natural gas corporation, engaged in the exploration and development of oil and natural gas properties in Alberta and Saskatchewan in Canada. It focuses on developing the Montney natural gas resource play located at Glacier, Alberta. The Company’s properties are located in Alberta and Saskatchewan, and consist of liquids rich natural gas and light oil. The Company’s head office is located in Calgary, Alberta, Canada. “
Hot Energy Stocks For 2019: Newfield Exploration Company(NFX)
Advisors' Opinion:- [By VantagePoint]
Newfield Exploration Company (NYSE: NFX) just had a bearish crossover on Friday, according to the chart. The predicted 72-hour moving average crossed below the simple 10-day moving average. If Monday's price action holds, that will serve as a confirmation the negative trend.
- [By Joseph Griffin]
First Trust Advisors LP reduced its holdings in Newfield Exploration Co. (NYSE:NFX) by 18.7% in the second quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 364,503 shares of the energy company’s stock after selling 83,595 shares during the period. First Trust Advisors LP’s holdings in Newfield Exploration were worth $11,026,000 as of its most recent filing with the Securities & Exchange Commission.
- [By Matthew DiLallo]
However, while the entire sector looks undervalued, two sticks stand out as being insanely cheap versus their peers: EQT Corp. (NYSE:EQT) and Newfield Exploration (NYSE:NFX). Value investors will want to take a closer look at these two energy companies.
- [By Ethan Ryder]
Earnest Partners LLC raised its position in Newfield Exploration Co. (NYSE:NFX) by 11.4% in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 1,084,526 shares of the energy company’s stock after purchasing an additional 110,630 shares during the period. Earnest Partners LLC owned 0.54% of Newfield Exploration worth $26,484,000 at the end of the most recent reporting period.
Hot Energy Stocks For 2019: Southwestern Energy Company(SWN)
Advisors' Opinion:- [By Logan Wallace]
New York State Teachers Retirement System lessened its stake in Southwestern Energy (NYSE:SWN) by 3.0% in the 2nd quarter, Holdings Channel reports. The institutional investor owned 653,178 shares of the energy company’s stock after selling 19,888 shares during the quarter. New York State Teachers Retirement System’s holdings in Southwestern Energy were worth $3,462,000 as of its most recent SEC filing.
- [By Max Byerly]
Southwestern Energy (NYSE: SWN) and WPX Energy (NYSE:WPX) are both mid-cap oils/energy companies, but which is the superior investment? We will contrast the two companies based on the strength of their valuation, earnings, analyst recommendations, dividends, risk, profitability and institutional ownership.
- [By Logan Wallace]
Southwestern Energy (NYSE:SWN) had its price objective upped by analysts at Macquarie from $5.00 to $5.75 in a report released on Thursday. The brokerage presently has a “neutral” rating on the energy company’s stock. Macquarie’s target price indicates a potential upside of 19.05% from the stock’s current price.
- [By Ethan Ryder]
BlueMountain Capital Management LLC boosted its holdings in Southwestern Energy (NYSE:SWN) by 290.0% in the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 167,089 shares of the energy company’s stock after purchasing an additional 124,248 shares during the period. BlueMountain Capital Management LLC’s holdings in Southwestern Energy were worth $886,000 at the end of the most recent reporting period.
- [By Money Morning News Team]
Southwestern Energy Co. (NYSE: SWN) specializes in the extraction of natural gas in areas spread throughout North America.
Southwestern has rights to drill in more than 918,000 acres across Pennsylvania and West Virginia, the energy-rich area of the Appalachian Basin.
Hot Energy Stocks For 2019: Oceaneering International, Inc.(OII)
Advisors' Opinion:- [By Shane Hupp]
Oceaneering International (NYSE:OII) shot up 3.5% on Monday . The stock traded as high as $24.97 and last traded at $23.65. 84,481 shares changed hands during mid-day trading, a decline of 93% from the average session volume of 1,156,536 shares. The stock had previously closed at $24.52.
- [By Ethan Ryder]
Oceaneering International (NYSE:OII) was the recipient of some unusual options trading activity on Monday. Stock traders purchased 833 put options on the stock. This is an increase of approximately 1,415% compared to the average daily volume of 55 put options.
- [By Matthew DiLallo]
The fourth quarter was brutal for the oil industry, as oil prices crashed 40% from their peak in early October. While that slump in the oil market had an impact on land-based drilling activities, it didn't spill over into the offshore segment, because those projects have much longer lead times. That meant Oceaneering International's (NYSE:OII) fourth-quarter results were able to improve both year over year and sequentially. The company anticipates that contract wins throughout 2018 will drive its results higher in 2019.
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