Indian market witnessed a knee-jerk reaction on Tuesday when news surfaced that Indian Air Force carried out pre-dawn air strikes on terror camps across the Line of Control (LoC) at Balakot, 12 days after Pulwama terrorist attack in Kashmir.
The benchmark indices ended the day off intraday lows which suggests that most of the negatives have been factored in. Even anecdotal evidence suggests that markets have always taken these events in their stride and investors have not lost money. On the contrary, there have times when investors ended up making money during such crises.
Another big positive which will act as a tailwind for Indian market is the fact that the air strike removes political uncertainty to a certain extent and brightens chances of Modi 2.0.
While the initial response of the financial market has been negative, experts believe that such attacks are unlikely to have any material impact on the markets and investors should use dips to enter markets or buy into select quality stocks.
Top 5 Oil Stocks To Invest In Right Now: Marathon Oil Corporation(MRO)
Marathon Oil Corporation, through its subsidiaries, operates as an international energy company with operations in the United States, Canada, Africa, the Middle East, and Europe. It operates through three segments: Exploration and Production, Oil Sands Mining, and Integrated Gas. The Exploration and Production segment explores for, produces, and markets liquid hydrocarbons and natural gas. The Oil Sands Mining segment mines, extracts, and transports bitumen from oil sands deposits in Alberta, Canada; and upgrades the bitumen to produce and market synthetic crude oil and vacuum gas oil. The Integrated Gas segment markets and transports products manufactured from natural gas, such as liquified natural gas and methanol. The company was formerly known as USX Corporation and changed its name to Marathon Oil Corporation in July 2001. Marathon Oil Corporation was founded in 1887 and is based in Houston, Texas.
Advisors' Opinion:- [By Matthew DiLallo]
Marathon Oil (NYSE:MRO) based its 2019 plans on oil averaging $50 a barrel. At that price point, the company can fund its $2.6 billion capital spending plan -- enough money to grow its U.S. oil production by 12% this year -- and its dividend with plenty of room to spare. Marathon has so much breathing room that it can fund its 2019 budget as well as its dividend at $45 oil, which means it's on track to produce a gusher of free cash now that oil is in the mid-$50s. Marathon currently expects to return the bulk of that money to shareholders through additional share repurchases, which sets up investors to potentially earn some high-octane total returns this year if oil keeps going higher.
- [By Matthew DiLallo]
Marathon Oil (NYSE:MRO) delivered exceptional operational and financial results in 2018. Not only did its U.S. oil production outperform the midpoint of its initial guidance range by 22.5%, but it also generated a boatload of free cash flow. That strong performance is one of many reasons Marathon CEO Lee Tillman believes his company checks all the boxes for investors. He laid out the case for the company on its fourth-quarter conference call, detailing four reasons Marathon is an ideal oil stock. Here's what he said.
- [By Chris Lange]
The S&P 500 stock posting the largest daily percentage gain in the S&P 500 ahead of the close was Marathon Oil Corp. (NYSE: MRO) which rose by about 9% to $16.92. The stock's 52-week range is $12.57 to $24.20. Volume was about 34.5 million compared to the daily average volume of 20.95 million.
Top 5 Oil Stocks To Invest In Right Now: Encana Corporation(ECA)
Encana Corporation and its subsidiaries engage in the exploration for, development, production, and marketing of natural gas, oil, and natural gas liquids. The company owns interests in resource plays that primarily include the Greater Sierra, Cutbank Ridge, Bighorn, and Coalbed Methane resource plays located in British Columbia and Alberta, as well as the Deep Panuke natural gas project offshore Nova Scotia in Canada. It also holds interests in resource plays comprising the Jonah in southwest Wyoming, Piceance in northwest Colorado, Haynesville in Louisiana, and Texas resource play, including east Texas and north Texas. The company serves primarily local distribution companies, industrials, energy marketing companies, and other producers. Encana Corporation was founded in 1971 and is headquartered in Calgary, Canada.
Advisors' Opinion:- [By Stephan Byrd]
COPYRIGHT VIOLATION NOTICE: “FDx Advisors Inc. Takes Position in Encana Corp (ECA)” was first posted by Ticker Report and is owned by of Ticker Report. If you are viewing this article on another website, it was copied illegally and reposted in violation of United States and international copyright laws. The correct version of this article can be accessed at https://www.tickerreport.com/banking-finance/4202858/fdx-advisors-inc-takes-position-in-encana-corp-eca.html.
- [By Jon C. Ogg]
Encana Corp. (NYSE: ECA) has seen its shares rise 19% so far in 2019, outperforming its peers by about 500 basis points. That said, Encana shares have underperformed peers by over 20% since the NFX deal announcement last November. Merrill Lynch has a Buy rating and $11 price objective on Encana, almost 60% higher than the prior $6.89 close. The firm noted that Encana's cube style completions have been an important driver of outperformance in the Permian. In the STACK, the firm expects Encana to be deliberate initially using "skinny cubes" to determine optimal vertical/horizontal spacing while targeting select zones using multi-well pads.
- [By Ethan Ryder]
Encana Corp (NYSE:ECA) (TSE:ECA) – National Bank Financial issued their FY2019 EPS estimates for shares of Encana in a report released on Tuesday, February 12th. National Bank Financial analyst T. Wood expects that the oil and gas company will post earnings of $0.61 per share for the year. National Bank Financial has a “Outperform” rating and a $18.50 price objective on the stock.
Top 5 Oil Stocks To Invest In Right Now: Williams Partners L.P.(WPZ)
Williams Partners L.P. focuses on natural gas transportation, gathering, treating and processing, storage, natural gas liquid fractionation, and oil transportation activities in the United States. The company operates in two segments, Gas Pipeline, and Midstream Gas and Liquids. The Gas Pipeline segment owns and operates approximately 13,900 miles of pipelines with annual throughput of approximately 2,700 trillion British thermal units of natural gas and delivery capacity of approximately 13 million dekatherms of gas. This segment also owns interests in joint venture interstate and intrastate natural gas pipeline systems. The Midstream Gas and Liquids segment includes natural gas gathering, processing, and treating facilities; and crude oil gathering and transportation facilities that serve the producing basins in Colorado, New Mexico, Wyoming, the Gulf of Mexico, and Pennsylvania. Williams Partners GP LLC serves as the general partner of the company. Williams Partners L.P . was founded in 2005 and is based in Tulsa, Oklahoma.
Advisors' Opinion:- [By Tyler Crowe, Jason Hall, and Matthew DiLallo]
Matt DiLallo (Williams Companies): This natural gas pipeline giant has had a slow start in 2018. Through the first half of the year, cash flow at the company's MLP Williams Partners (NYSE:WPZ) has only increased by about 2%, due mainly to recent asset sales. However, with a major expansion project coming on line, cash flow growth should accelerate in the second half of the year. That project and others in the pipeline have the company on track to grow cash flow 9% in 2018 and another 13% next year.
- [By Matthew DiLallo]
Overall, earnings at both Williams and its MLP Williams Partners (NYSE:WPZ) were down slightly versus the year-ago period due to asset sales, while cash flow modestly increased thanks to lower interest expenses.
Top 5 Oil Stocks To Invest In Right Now: Apache Corporation(APA)
Apache Corporation, together with its subsidiaries, engages in the exploration, development, and production of natural gas, crude oil, and natural gas liquids. The company has exploration and production interests in the Gulf of Mexico, the Gulf Coast, east Texas, the Permian basin, the Anadarko basin, and the Western Sedimentary basin of Canada; and onshore Egypt, offshore Western Australia, offshore the United Kingdom in the North Sea, and onshore Argentina, as well as on the Chilean side of the island of Tierra del Fuego. Apache Corporation sells its natural gas to local distribution companies, utilities, end-users, integrated oil and gas companies, and marketers; and crude oil to integrated oil companies, marketing and transportation companies, and refiners. As of December 31, 2009, it had total estimated proved reserves of 1,067 million barrels of crude oil, condensate, and natural gas liquids, as well as 7.8 trillion cubic feet of natural gas. The company was founded in 1954 and is based in Houston, Texas.
Advisors' Opinion:- [By Motley Fool Transcribing]
Apache (NYSE:APA) Q4 2018 Earnings Conference CallFeb. 28, 2019 11:00 a.m. ET
Contents: Prepared Remarks Questions and Answers Call Participants Prepared Remarks:Operator
- [By Garrett Baldwin]
To see why we believe some of the richest players in the world are preparing for a market collapse, click here.
Stocks to Watch Today: WTW, CHK, BBY Shares of Weight Watchers International Inc. (NASDAQ: WTW) cratered more than 30% after the company fell well short of earnings expectations after the bell and issued worse-than-expected 2019 guidance. The firm reported adjusted earnings of $0.46, a figure that missed expectations by $0.14. The firm also issued weak forward guidance. After yesterday's slump, Oprah Winfrey's stake in the company plunged by a whopping $48 million. Shares of Chesapeake Energy Corp. (NYSE: CHK) popped 10.2% after the natural gas producer reported earnings before the bell. Higher natural gas prices in the fourth quarter helped bolster the firm's bottom line. Total natural gas sales jumped 37% in Q4 to $3.07 billion, well above analysts' expectations of $2.28 billion. That strong natural gas revenue helped the firm report adjusted EPS of $0.49, which was a 49% jump year over year. Shares of Best Buy Co. Inc. (NYSE: BBY) popped 10% after the electronics retailer topped Wall Street earnings expectations before the bell. The firm's profit of $2.72 topped consensus expectations by $0.15 per share. The firm cited stronger-than-expected same-store sales, hiked its dividend from $0.45 to $0.50, and issued a positive 2019 outlook. Today, look for more earnings reports from Apache Corp. (NYSE: APA), Box Inc. (NYSE: BOX), Campbell Soup Co. (NYSE: CPB), Dean Foods Co. (NYSE: DF), Fitbit Inc. (NYSE: FIT), HP Inc. (NYSE: HPQ), L Brands Inc. (NYSE: LB), Lowe's Co. Inc. (NYSE: LOW), Office Depot Inc. (NYSE: ODP), and Square Inc. (NYSE: SQ).Follow Money Morning on Facebook, Twitter, and LinkedIn.
- [By Joseph Griffin]
Meridian Wealth Management LLC purchased a new stake in Apache Co. (NYSE:APA) in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund purchased 9,729 shares of the energy company’s stock, valued at approximately $255,000.
Top 5 Oil Stocks To Invest In Right Now: Magellan Midstream Partners L.P.(MMP)
Magellan Midstream Partners, L.P., together with its subsidiaries, engages in the transportation, storage, and distribution of refined petroleum products and crude oil in the United States. Its pipeline system transports petroleum products and liquefied petroleum gases from the Gulf Coast refining region of Texas through the Midwest to Colorado, North Dakota, Minnesota, Wisconsin, and Illinois. The company owns and operates marine terminals, which store and distribute refined petroleum products, blendstocks, crude oils, heavy oils, and feedstocks, as well as inland terminals that consist of storage tanks connected to third-party interstate pipeline systems to deliver refined petroleum products. Its ammonia pipeline system transports ammonia from production facilities in Texas and Oklahoma to terminals in the Midwest. The company also stores, blends, and distributes biofuels, such as ethanol and biodiesel. As of March 31, 2011, it operated approximately 9, 600 miles of petr oleum products pipeline system and 51 terminals; 6 marine petroleum terminals located along the United States Gulf and East Coasts; a crude oil storage in Cushing, Oklahoma; 27 petroleum products inland terminals located principally in the southeastern United States; and a 1,100-mile ammonia pipeline system and 6 associated terminals. The company also provides ancillary services, such as heating, blending, and mixing of stored petroleum products and additive injection services. Its customers comprise independent and integrated oil companies, wholesalers, retailers, railroads, airlines, and regional farm co-operatives. The company serves various markets, including retail gasoline stations, truck stops, farm co-operatives, railroad fueling depots, and military and commercial jet fuel users. Magellan GP, LLC serves as the general partner of the company. The company was founded in 2000 and is based in Tulsa, Oklahoma.
Advisors' Opinion:- [By ]
Despite choppy oil prices, master limited partnership (MLP) Magellan Midstream (NYSE: MMP) has managed to produce record distributable cash flows (DCFs) over the past year.
- [By ]
Despite choppy oil prices, master limited partnership (MLP) Magellan Midstream (NYSE: MMP) has managed to produce record distributable cash flows (DCFs) over the past year.
- [By Ethan Ryder]
Several brokerages recently issued reports on MMP. Citigroup set a $70.00 price target on shares of Magellan Midstream Partners and gave the company a “buy” rating in a report on Saturday, February 2nd. Jefferies Financial Group downgraded shares of Magellan Midstream Partners from a “buy” rating to a “hold” rating in a research report on Monday, January 28th. Evercore ISI initiated coverage on shares of Magellan Midstream Partners in a research report on Tuesday, February 5th. They set an “outperform” rating on the stock. Zacks Investment Research upgraded shares of Magellan Midstream Partners from a “hold” rating to a “buy” rating and set a $69.00 target price on the stock in a research report on Thursday, November 15th. Finally, Mizuho initiated coverage on shares of Magellan Midstream Partners in a research report on Wednesday, November 28th. They set a “neutral” rating and a $67.00 target price on the stock. Two research analysts have rated the stock with a sell rating, twelve have given a hold rating and four have assigned a buy rating to the stock. Magellan Midstream Partners currently has an average rating of “Hold” and a consensus target price of $69.88.
COPYRIGHT VIOLATION WARNING: “Magellan Midstream Partners, L.P. (MMP) Holdings Reduced by Abacus Planning Group Inc.” was first published by Ticker Report and is the sole property of of Ticker Report. If you are accessing this piece on another website, it was illegally copied and reposted in violation of US and international trademark and copyright laws. The original version of this piece can be read at https://www.tickerreport.com/banking-finance/4222243/magellan-midstream-partners-l-p-mmp-holdings-reduced-by-abacus-planning-group-inc.html.Magellan Midstream Partners Profile
- [By Joseph Griffin]
Tortoise Index Solutions LLC lifted its stake in shares of Magellan Midstream Partners, L.P. (NYSE:MMP) by 110.5% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 83,210 shares of the pipeline company’s stock after acquiring an additional 43,677 shares during the quarter. Magellan Midstream Partners makes up approximately 1.8% of Tortoise Index Solutions LLC’s holdings, making the stock its 14th biggest holding. Tortoise Index Solutions LLC’s holdings in Magellan Midstream Partners were worth $4,748,000 at the end of the most recent reporting period.
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