Top Oil Stocks To Buy Right Now


August Soybeans are trading at 1087 3/4, down 13 3/4 cents/bushel. September Soybeans are trading at
1070 3/4, down 14 cents/bushel. November Soybeans are trading at 1061, down 12 1/4 cents/bushel. August Soymeal is trading at 378.5 down 4.9 $/ton. August Soybean Oil is trading at 30.34, down 0.02 cents/lb.

Soybean futures are trading lower during early trading Thursday morning after Wednesday’s wide ranged back and forth trading session. Chatter about late July and August weather is fluid. Trading is choppy.


Posted-In: Soybean futuresFutures Commodities Markets

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Top Oil Stocks To Buy Right Now: Marathon Oil Corporation(MRO)

Advisors’ Opinion:

  • [By Paul Ausick]

    Marathon Oil Corp. (NYSE: MRO) dropped about 1.6% Friday to post a new 52-week low of $11.41 after closing Thursday at $11.59. The 52-week high is $19.28. Volume was about 30% lower than the daily average of about 13.7 million shares. The company had no specific news.

  • [By Ben Levisohn]

    Marathon Oil (MRO) tumbled to the bottom of the S&P 500 today after oil tumbled after data pointed to higher inventories of crude.

    Agence France-Presse/Getty Images

    Marathon Oildropped 8.7% to $14.87, while the S&P 500 fell 0.2% to 2,362.98, as Front Month Nymex Crude futures for April delivery slid 5.4% to $50.28., leading some to wonder if the price oil could drop below $50 a barrel.


    It wasn’t just Marathon that got clipped as the eight worst-performing stocks in the S&P 500 came from the energy sector, including Murphy Oil (MUR), which fell 6.7% to $25.87, Devon Energy (DVN), which slid 6.5% to $40.72, and Chesapeake Energy (CHK), which stumbled 6.1% to $4.94. No surprise, then, that the Energy Select Sector SPDR ETF (XLE) slumped 2.6% to $69.65.

    The oil rout began after the U.S. Energy Information Administration reported that U.S. oil inventories rose by 8.2 million barrels to reach $518.4 million, a record level.

    Marathon Oil’s market capitalization fell to $12.6 billion today from $13.8 billion yesterday. It reported a net loss of $2.1 billion on sales of $4.1 billion in 2016.

  • [By Shanthi Rexaline]

    The bulking up strategy did not work well for the company over the years, as it saw its market share dwindle and profitability erode. In 1982, in a diversification bid, the company picked up Marathon Oil Corporation (NYSE: MRO) and renamed itself as USX.

  • [By Jon C. Ogg]

    Marathon Oil Corporation (NYSE: MRO) shares were up a whopping 209.9% at $18.08 on Wednesday, and the 70.5 million shares at the close was almost 5 times normal trading volume. Marathon Oil has a consensus analyst price target of $18.12 and a 52-week trading range of $6.52 to $18.55. The company has a total market cap of $15 billion.

  • [By Paul Ausick]

    Marathon Oil Corp. (NYSE: MRO) dropped about 1.7% Tuesday to post a new 52-week low of $11.33 after closing Monday at $11.53. The 52-week high is $19.28. Volume was nearly 50% higher than the daily average of about 13.7 million shares. The company had no specific news.

  • [By Ben Levisohn]

    Marathon Oil (MRO) surged to the top of the S&P 500 today as oil surged 9.3% after OPEC agreed to cut production and giving energy stocks a boost.

    Getty Images

    Shares of Marathon Oil jumped 21% to $18.06, while the S&P 500 fell 0.3% to 2,198.81, and the Energy Select Sector SPDR ETF (XLE) climbed 5.1% to $74.43.


    In a note published on Nov. 21, Morgan Stanley’sEvan Calio and team named Marathon Oil as one of the four stocks they expected to outperform if OPEC actually delivered a production cut:

    Beta Should Lead At The Start of A Rally: Best ideas in the first leg up: Marathon Oil, Devon Energy (DVN), Anadarko Petroleum (APC), and Continental Resources (CLR). If OPEC announces a cut, whether moderate or deep, we expect that in the initial move up, moderate value beta names, like Marathon Oil, Devon Energy, Anadarko Petroleum, andContinental Resources will lead.For a $5 increase in oil prices, we estimate 2017 cash flow per share would increase 12-18% for these stocks vs. the remainder of the group at 12%. Of these four, short interest is modest for all exceptContinental Resources at 25%, among the highest in our universe. Outperformance of these names should be driven by investors adding to long positions, not short covering.


    Good call. Not only did Marathon soar, but Devon Energy jumped 15% to $48.33, Anadarko Petroleum climbed 15% to $69.15, and Continental Resources surged 23% to $58.01.

Top Oil Stocks To Buy Right Now: Talisman Energy Inc.(TLM)

Advisors’ Opinion:

  • [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.

Top Oil Stocks To Buy Right Now: Apache Corporation(APA)


Advisors’ Opinion:

  • [By Lee Jackson]

    These companies also reported insider buying last week: Apache Corp. (NYSE: APA), Halliburton Co. (NYSE: HAL), Revlon Inc. (NYSE: REV), Valeant Pharmaceuticals International Inc. (NYSE: VRX) and U.S. Steel Corp. (NYSE: X).

  • [By WWW.THESTREET.COM]

    Cramer and the AAP team say news and caution are weighing on energy and health-care sectors. Find out what they’re telling their investment club members about Apache (APA) , Cimarex (XEC) , Arconic (ARNC) and Allergan (AGN) with a free trial subscription to Action Alerts PLUS.

  • [By WWW.THESTREET.COM]

    Cramer and the AAP team are detailing their outlook for portfolio energy names Apache (APA) and Cimarex (XEC) . Find out what they’re telling their investment club members with a free trial subscription to Action Alerts PLUS.

  • [By WWW.THESTREET.COM]

    Cramer and the Action Alerts PLUS team say they still believe in their embattled Permian names, Cimarex (XEC) and Apache (APA) , both of which have benefited from a slow rotation in recent weeks. These names can produce and profit here. Schlumberger (SLB) remains best in class and Magellan Midstream Partners just might be the best way to play oil given that the pipelines will be needed to transport the new wave of oil able to be drawn out of the ground from increasingly efficient American producers. Get in on the discussion by getting a free trial subscription to Action Alerts PLUS.

Top Oil Stocks To Buy Right Now: Magellan Midstream Partners L.P.(MMP)


Advisors’ Opinion:

  • [By WWW.THESTREET.COM]

    In the Lightning Round, Cramer was bullish on Treehouse Foods (THS) , TG Therapeutics (TGTX) , Kinder Morgan (KMI) , Magellan Midstream Partners (MMP) , Chesapeake Energy (CHK) and Arconic (ARNC) .

  • [By WWW.THESTREET.COM]

    But that doesn’t mean there aren’t any ways to make money with oil. Cramer said that the biggest winners from the Trump trade are the oil pipelines and MLPs, like Magellan Midstream Partners (MMP) , an Action Alerts PLUS holding. Cramer said deregulation will mean all of the pipeline companies will be able to make more money, and faster, than anyone expected.

  • [By WWW.THESTREET.COM]

    Cramer and the AAP team view the strength of corporations as most important in proving that stocks can handle current valuations. Find out what they’re telling their investment club members about Arconic (ARNC) , Apple (AAPL) and Magellan Midstream Partners (MMP) . Get a free trial subscription to Action Alerts PLUS.

  • [By Matthew DiLallo]

    For perspective, two of the highest rated MLPs by credit rating agencies are Magellan Midstream Partners (NYSE:MMP) and Enterprise Products Partners (NYSE:EPD). Recently, their leverage ratios were 3.5 times and 4.4 times, respectively. While both Magellan Midstream and Enterprise Products have seen their leverage ratios creep higher in recent quarters due to the oil market downturn and growth spending, neither is a concern.

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