November 30, 2017: The S&P 500 closed up 0.8% at 2,647.55. The DJIA closed up 1.4% at 24,272.56. Separately, the Nasdaq was up 0.7% at 6,873.97.
Thursday was an absolutely incredible day for broad�U.S. markets. The Dow again cruised to new highs closing above the 24,000 mark for the first time ever and the S&P 500 hit a new all-time high as well. Crude oil started out positive but faded over the course of the day. The S&P 500 sectors were practically all positive in the session. The best performing sectors were consumer staples, industrials, and energy, up 0.9%, 1.6% and 1.5%, respectively. The worst performing sector was real estate up only 0.1%.
Crude oil was relatively flat at $57.28.
Gold was down 0.7% at $1,277.70.
The S&P 500 stock posting the largest daily percentage loss ahead of the close Thursday was Juniper Networks, Inc. (NYSE: JNPR) which traded down about 6% at $27.76. The stock��s 52-week range is $23.87 to $30.96. Volume was 32 million versus the daily average of 5.7 million shares.
Top 5 Oil Stocks To Invest In Right Now: Magellan Midstream Partners L.P.(MMP)
Advisors' Opinion:- [By John Bromels]
Magellan Midstream Partners�(NYSE:MMP),�Royal Dutch Shell�(NYSE:RDS-A)(NYSE:RDS-B), and�Darling Ingredients�(NYSE:DAR)�are three energy industry companies that are safe bets to buy and then forget about all summer long.�
- [By Motley Fool Staff]
Magellan Midstream Partners (NYSE:MMP) Q1 2018 Earnings Conference CallMay. 3, 2018 1:30 p.m. ET
Contents: Prepared Remarks Questions and Answers Call Participants Prepared Remarks:Operator
- [By Matthew DiLallo]
In the meantime, Magellan Midstream Partners (NYSE:MMP) is working on a 600,000 BPD pipeline in the region that could be in service by the middle of next year. Magellan is currently evaluating other options such as a joint venture that could optimize the project, which might shift the time frame and scale of the project. In addition, Magellan is eyeing a potential oil export dock in Corpus Christi, Texas, which it sees as an ideal landing spot for crude coming out of the Permian. The up-to-$700 million project could be up and running by 2020 and give Permian producers access to higher global oil prices. Projects like those potentially position Magellan to continue increasing its 5.4%-yielding distribution at a mid-single-digit annual rate for the next several years.
- [By Reuben Gregg Brewer, Travis Hoium, and Chuck Saletta]
Often a high yield is an indication of a stock that's facing some sort of trouble -- but not always. If you take the time, you can find high-yield stocks worth buying if you look in the right places. For example, decidedly low-tech�Lamar Advertising Company (NASDAQ:LAMR), beaten-up midstream player�Magellan Midstream Partners, LP�(NYSE:MMP), and renewable power-focused TerraForm Power, Inc. (NASDAQ:TERP) come from vastly different industries. However, each of these high-yield stocks has a solid business and good growth prospects.
Top 5 Oil Stocks To Invest In Right Now: Williams Partners L.P.(WPZ)
Advisors' Opinion:- [By Dan Caplinger]
The stock market stayed in a pretty narrow range on Thursday, climbing early in the session but then slowly drifting lower through the afternoon hours. In the absence of major news, investors largely looked forward to key events like trade negotiations among the world's largest economies. Other financial markets saw mixed moves as well, with 10-year Treasury yields climbing above 3.1% while oil prices stayed comfortably above $70 per barrel. Despite the quiet day, some companies had good news that pushed their shares sharply higher. World Wrestling Entertainment (NYSE:WWE), Chesapeake Energy (NYSE:CHK), and Williams Partners (NYSE:WPZ) were among the best performers on the day. Below, we'll look more closely at these stocks to tell you why they did so well.
- [By Shane Hupp]
SG Americas Securities LLC lowered its holdings in Williams Pipeline Partners LP (NYSE:WPZ) by 27.7% in the 1st quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 37,682 shares of the pipeline company’s stock after selling 14,458 shares during the quarter. SG Americas Securities LLC’s holdings in Williams Pipeline Partners were worth $1,297,000 at the end of the most recent reporting period.
- [By Shane Hupp]
Get a free copy of the Zacks research report on Williams Partners (WPZ)
For more information about research offerings from Zacks Investment Research, visit Zacks.com
- [By Reuben Gregg Brewer]
There's an interesting dichotomy here, however. Crestwood was looking to stay financially disciplined, but it also needed to invest to grow. Doing both at the same time is difficult, which is why it partnered up with Con Ed in the Marcellus region, Shell Midstream Partners LP (NYSE:SHLX) and First Reserve in the Delaware Basin, and Williams Partners (NYSE:WPZ) in the Powder River basin. These agreements allow Crestwood to keep expanding its business without having to foot the entire bill for the investments.
Top 5 Oil Stocks To Invest In Right Now: ConocoPhillips(COP)
Advisors' Opinion:- [By Matthew DiLallo]
Oil prices have been on fire over the past year and recently topped $70 a barrel, which is the highest crude has been since late 2014. That rally in the oil market has helped fuel big-time gains in many oil stocks. Three that stand out are Anadarko Petroleum (NYSE:APC), Hess (NYSE:HES), and ConocoPhillips (NYSE:COP) because each has risen more than 20% this year. They might still have additional upside from here given that all three plan on spending billions of dollars to buy back more of their stock.
- [By Chris Lange]
The number of ConocoPhillips (NYSE: COP) shares short decreased to 23.15 million from the previous level of 24.60 million. Shares were trading at $52.55, within a 52-week range of $42.27 to $61.32.
- [By Rich Smith]
And yet, a funny thing has been happening in the market for oil stocks over this past week. All of a sudden, Wall Street analysts are talking up free cash flow as a reason to buy oil stocks. In fact, they can't seem to shut up about it. Over just the past few days, I've seen free cash flow mentioned prominently in the analyses of Wall Street bankers on no fewer than three separate oil stocks: ExxonMobil, Chevron (NYSE:CVX), and ConocoPhillips (NYSE:COP).
Top 5 Oil Stocks To Invest In Right Now: Whiting Petroleum Corporation(WLL)
Advisors' Opinion:- [By Joseph Griffin]
Whiting Petroleum Co. (NYSE:WLL) – Equities research analysts at Piper Jaffray Companies lifted their Q2 2018 earnings estimates for Whiting Petroleum in a research note issued on Sunday, May 20th. Piper Jaffray Companies analyst K. Harrison now forecasts that the oil and gas exploration company will earn $0.85 per share for the quarter, up from their previous forecast of $0.33. Piper Jaffray Companies currently has a “Hold” rating and a $46.00 target price on the stock. Piper Jaffray Companies also issued estimates for Whiting Petroleum’s Q3 2018 earnings at $0.97 EPS, Q4 2018 earnings at $1.16 EPS, FY2018 earnings at $3.90 EPS, Q1 2019 earnings at $1.70 EPS, Q2 2019 earnings at $1.48 EPS, Q3 2019 earnings at $1.47 EPS, Q4 2019 earnings at $1.59 EPS and FY2019 earnings at $6.24 EPS.
- [By WWW.GURUFOCUS.COM]
For the details of DFT Energy LP's stock buys and sells, go to http://www.gurufocus.com/StockBuy.php?GuruName=DFT+Energy+LP
These are the top 5 holdings of DFT Energy LPWhiting Petroleum Corp (WLL) - 400,000 shares, 18.19% of the total portfolio. Shares added by 2.56%Hess Corp (HES) - 170,000 shares, 11.57% of the total portfolio. Shares added by 30.77%Noble Energy Inc (NBL) - 200,000 shares, 8.15% of the total portfolio. Southwestern Energy Co (SWN) - 1,360,000 shares, 7.92% of the total portfolio. Shares added by 4.62%Anadarko Petroleum Corp (APC) - [By Dan Caplinger]
Friday was a down day on Wall Street, but losses were generally small, and the market closed well above its lowest levels of the session. Initially, investors seemed concerned about further trade tensions between the U.S. and China, but upon further reflection, they appeared to draw comfort from considerable fundamental strength from key sectors of the industrial economy. Even with the overall market recovering from earlier weakness, some stocks still posted substantial declines. Whiting Petroleum (NYSE:WLL), Global Blood Therapeutics (NASDAQ:GBT), and First Solar (NASDAQ:FSLR) were among the worst performers on the day. Here's why they did so poorly.
- [By Logan Wallace]
Penn Capital Management Co. Inc. purchased a new stake in shares of Whiting Petroleum Corp (NYSE:WLL) in the 1st quarter, HoldingsChannel reports. The fund purchased 318,157 shares of the oil and gas exploration company’s stock, valued at approximately $10,783,000.
- [By Jon C. Ogg]
Whiting Petroleum Corp. (NYSE: WLL) was reiterated as Overweight and the target price was raised to $56 from $45 (versus a $50.78 close) at KeyBanc Capital Markets.
- [By Logan Wallace]
Shares of Whiting Petroleum Corp (NYSE:WLL) have been given an average rating of “Buy” by the thirty-two ratings firms that are presently covering the stock, MarketBeat reports. One analyst has rated the stock with a sell recommendation, thirteen have given a hold recommendation, fifteen have given a buy recommendation and one has assigned a strong buy recommendation to the company. The average 1 year price target among brokerages that have issued ratings on the stock in the last year is $46.58.
Top 5 Oil Stocks To Invest In Right Now: Range Resources Corporation(RRC)
Advisors' Opinion:- [By Shane Hupp]
Toronto Dominion Bank increased its holdings in Range Resources Corp. (NYSE:RRC) by 25.2% in the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 123,421 shares of the oil and gas exploration company’s stock after purchasing an additional 24,839 shares during the period. Toronto Dominion Bank’s holdings in Range Resources were worth $1,794,000 as of its most recent SEC filing.
- [By Paul Ausick]
Range Resources Corp. (NYSE: RRC) fell about 3.6% Monday to post a new 52-week low of $14.77 after closing at $15.30 on Friday. The 52-week high is $35.64. Volume of about 9.4 million was about 20% higher than the daily average of around 7.7 million shares traded. The company had no specific news.
- [By Tyler Crowe, Matthew DiLallo, and Reuben Gregg Brewer]
So we asked three of our investing contributors to each highlight a company they think has a compelling investment case right now in the oil and gas industry. Here's why they selected Devon Energy (NYSE:DVN), Range Resources (NYSE:RRC), and ExxonMobil (NYSE:XOM).
- [By Joseph Griffin]
Media headlines about Range Resources (NYSE:RRC) have been trending somewhat positive on Saturday, Accern Sentiment Analysis reports. The research group identifies positive and negative press coverage by monitoring more than twenty million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Range Resources earned a daily sentiment score of 0.07 on Accern’s scale. Accern also gave media headlines about the oil and gas exploration company an impact score of 46.3371462950661 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the near future.
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