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Showing posts with the label Oil Producers

UCS Stock Market News Today: Oil and Gas update

The Oil and Gas markets continues to recover with many issues that we follow maintaining their gains over the last 4 trading sessions this week. Complete Text of Video : A current   WSJ article states that with the prospects of rising oil prices,  Big Oil companies are considering a strategy that has been unthinkable for much of a two-year-long market slump, ' making new investments '. "Big oil companies are moving ahead with new spending again", says BP PLC Chief Executive Bob Dudley on the sidelines of the Oil and Money conference in London . The British oil company he heads, "has taken final investment decisions on a handful of projects this year and is expected to approve more in 2017", he said.   Major oil companies are beginning to invest in projects as oil prices show signs of recovery. Bob Dudley, CEO of BP, said "Investments are back. But it’s only going to be the very best." Is there light at the end of the Tunnel? Our Comme...

Oil and Gas Portfolio

Welcome to another week. I hope everyone had a great Easter weekend. Well, it looks like its going to be another turbulent week in the markets with oil prices headed up. Any higher and prices will possible affect the U.S. economy as consumers will have less money to spend due to higher gasoline prices. Still, profits aren’t being reflected in the price of oil and gas stocks as they should. Based on expected profits, most oil and gas producers stock prices should be higher, even though many oil and gas drillers and oil services companies stocks have done well over the last six months. I think if you want to see pretty fantastic returns, you should wait until earnings are reported in the third and fourth quarter of this year. To profit and make money in the oil and gas markets, we are recommending this moderately aggressive portfolio that uses a combination of oil and gas , and alternative energy exchange traded funds . Of course there are other positions that are included but are on...