To say that Donald Trump's Cabinet is pro-oil is an understatement… It's an oil industry "dream team." Just look at the appointments of former Texas governor Rick Perry as Secretary of Energy, ExxonMobil (XOM) CEO Rex Tillerson as Secretary of State, and Montana Congressman Ryan Zinke as Secretary of the Interior. As the former Governor of Texas, Perry has many ties to the oil industry. He sits on the board of both Sunoco Logistics Partners (SXL) and Energy Transfer Partners (ETP) – both companies own stakes in the embattled Dakota Access Pipeline. Zinke is another oil industry favorite. According to the Washington Post, the oil and gas industry contributed more than $345,000 to his campaigns… making them the largest contributors by far. You couldn't find three more pro-oil guys at the Petroleum Club of Houston on poker night. That's great news for folks looking to invest in the U.S. oil industry – and one group of companies in particular…
Hot Stocks To Own For 2017: Christopher & Banks Corporation(CBK)
- [By Lisa Levin]
Shares of Christopher & Banks Corporation (NYSE: CBK) got a boost, shooting up 24 percent to $1.50 after the company reported strong preliminary revenue for the third quarter.
- [By Lisa Levin]
Christopher & Banks Corporation (NYSE: CBK) shares were also up, gaining 40 percent to $2.64. Christopher & Banks reported a Q4 loss of $0.24 per share on revenue of $94.6 million. The company projects Q1 revenue of $93 million to $98 million.
Hot Stocks To Own For 2017: ENI S.p.A.(E)
- [By Tyler Crowe]
Also, to comound these problems, there isn’t a clear leader of the project that can steer its investment deicisions. ExxonMobil (NYSE: XOM ) , Royal Dutch Shell (NYSE: RDS-A ) , Eni (NYSE: E ) , Total (NYSE: TOT ) , and Kazakh national oil company KazMunaiGas each have a16.81% working interest in the project. This has led to problems involving investment decisions and project mangement.BothExxonMobilandRoyal Dutch Shellhave been extremelydisappointedwith the results, to the point that they have threatened to pull out of the project altogether on a couple of occasions, andConocoPhillips (NYSE: COP ) did get out this year by selling its $5 billion stake in the project to China National Petroleum.
- [By Dustin Parrett]
Specifically, the oil supermajors are ExxonMobil Corp. (NYSE: XOM), BP Plc. (NYSE: BP), Chevron Corp. (NYSE: CVX), Royal Dutch Shell Plc. (NYSE ADR: RDS.A), Conoco Phillips (NYSE: COP), Eni SpA (NYSE ADR: E), and Total SA (NYSE ADR: TOT).
- [By Ben Levisohn]
We believe that the equity market has neutralised much of its underweight energy positioning in 4Q/1Q, but was caught by the sharp rally in crude from end-January. Our base-case sees oil prices still higher by end-2016 (we see >$50/bbl), albeit with a choppy 2Q likely ahead. In this scenario a modest, rather than fully-fledged price-recovery we continue to place a lot of importance on self-help in driving ROE expansion (as opposed to relying simply on oil-leverage). Value-adjusted, we like the self-help stories around Total, Chevron, Statoil (STO), Royal Dutch Shell and Eni (E) in the group. Total is on the Citi European Focus list.
- [By R. Chandrasekaran]
Exxon Mobil Corporation (NYSE: XOM) has been holding negotiations with Italian oil firm, Eni (ADRs trade Eni SpA (ADR) (NYSE: E)), for quite some time now to take a stake in the latter’s Mozambique liquefied natural gas development.
- [By Jayson Derrick]
On the other hand, the analysts are Underweight on Eni SpA (ADR) (NYSE: E), Repsol Oil & Gas Canada Inc (USA) (NYSE: TLM) and OMV AG given their asset bases, which offer an inferior risk to reward profile and limited differentiation in cost reductions.
Hot Stocks To Own For 2017: Qorvo, Inc.(QRVO)
- [By Jim Robertson]
Yesterday, our Elite Opportunity Pronewsletter suggested picking up some mid cap radio frequency (RF) solutions stock Qorvo Inc (NASDAQ: QRVO) at current levels:
Hot Stocks To Own For 2017: MGC Diagnostics Corporation(MGCD)