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Oilstocks

Halliburton HAL Potential Rise Crude oil prices made a dramatic comeback from the April's 2020 low which supported the oil stocks significantly. Crude oil has been trending higher since last April’s low. The higher the price climbs, the more the global industry will require oil services. A continuation of higher petroleum prices should support gains in HAL. HAL has violated the downward sloping channel's upper boundary in an indication of the bulls' control. It seems that HAL is heading to $21.75 - $22.40 respectively in a correction of the downward move witnessed through the declining channel.
NYSE:HALLong
by AlyaAkram
Still opening short 64> 1w shortOil has been in profit for about a year at all overnight intervals, and it is time for investors to make a profit. Clearly, oil prices will fall in the coming days and will continue to decline again in the safe haven area. The recent occurrence of the Suez Canal also increases surplus production as oil ships arrive a week later, while other ships are moving a short distance from them, and the arrival of the two together has led to a large market share and Oil prices are falling! temporarily . So be a little smart
TVC:UKOILShort
by jaberzadehamir
$NEXT & OLCV Sign Term Sheet for CO2 Transportation and StorageNextDecade, Oxy Low Carbon Ventures Sign Term Sheet for CO2 Transportation and Storage in South Texas today announced that they have executed a term sheet for the offtake and permanent geologic storage of CO2 captured from NextDecade’s planned Rio Grande LNG project in the Port of Brownsville, Texas. Under the terms of the agreement, OLCV will offtake and transport CO2 from the Rio Grande LNG project and permanently sequester it in an underground geologic formation in the Rio Grande Valley, where there is vast CO2 storage capacity, pursuant to a CO2 Offtake Agreement and a Sequestration and Monitoring Agreement to be negotiated by the parties. finance.yahoo.com
NASDAQ:NEXT
by AlenCiken
1
Piper Sandler Lifts $TS to Overweight From NeutralPiper Sandler Lifts Tenaris SA to Overweight From Neutral, Price Target to $23 From $16.25 In the fourth quarter of 2020, our sales rose 12% sequentially driven by a gradual recovery in drilling activity in the Americas and a good mix of products sold in the Middle East. EBITDA rose 79% sequentially, reflecting a better industrial performance and the operating leverage of higher volumes on a lower fixed cost base after the restructuring measures implemented during the year. net cash position remained stable at $1.1 billion. For the year, we recorded a net loss attributable to owners of the parent company of $634 million, or ($1.07) per ADS. finance.yahoo.com
NYSE:TS
by AlenCiken
2
Why $REI oil meme reddit stock skyrocketed?A Texas oil company that’s been the subject of social media speculation in recent weeks is seeing an explosion in trading of out-of-the-money call options, indicating retail traders are betting on another big jump in the shares. Ring Energy Inc. is an industry minnow, selling an average of almost 9,500 barrels of oil in the third quarter. It shares have doubled in less than two weeks. The frenzy is latest example of “meme” stocks attracting the interest of retail traders. The company has featured recently in numerous discussion threads on Reddit. Ring is also under pressure from its largest shareholder, energy investor Simon Kukes, to make changes. Ring didn’t immediately respond to a request for comment. finance.yahoo.com
AMEX:REI
by AlenCiken
$TRCH Announces Closing of Underwritten Public OfferingTorchlight Prices Underwritten Public Offering of Common Stock today announced the pricing of an underwritten public offering of 20,000,000 shares of its common stock at a price of $1.20 per share. The Company has also granted to the underwriter a 30-day option to acquire an additional 3,000,000 shares to cover overallotments in connection with the offering. Gross proceeds of the offering will be $24 million before the underwriting discount and offering expenses payable by the Company, assuming no exercise of the overallotment option. The offering is expected to close on February 10, 2021, subject to customary closing conditions. finance.yahoo.com Torchlight Announces Closing of Underwritten Public Offering of Common Stock for Gross Proceeds of $27.6 Million today announced the closing of an underwritten public offering of 23,000,000 shares of its common stock at a price of $1.20 per share, which included the full exercise of the underwriter's over-allotment option, for gross proceeds to Torchlight of $27.6 million before deducting the underwriting discount and offering expenses payable by Torchlight. finance.yahoo.com
T
by AlenCiken
2
Halliburton Recovery Not as Impressive as Liberty: EVENTFUL.Liberty is making strides its rival isn't, HAL. And that is a clear as day sign that there is a new top dog, at least soon, in the Oilfield prep industry. There is some "MAGIC POINT" for dang sure - to just say HAL plug pulled -> all positions dumped into LBRT. Pretending timing is my 1st goal is silly though: it doesn't matter that much probably, as long as the transition is made. LBRT > HAL > SOI > All others, in oilfield investing. If you were waiting for some massive bombshell, it was dropped weeks ago. LBRT Is going to frack this earth to hell to be No. 1. That's it. That's the stupid "TIP" - the tip of some nice profit on a long swing trade w/ no exit-point yet defined (I did say 10 plus, but beyond that? 15 by Next yr is fully reasonable- 17? Probably still reasonable). SO YES, let's quote the greatness of the Cranberries w/ regard to the correction of HAL: "DO WE HAVE TO LET IT LINGER" - I asked. No, we dang sure do effing not. We can dump HAL, SOI into LBRT yesterday, now, tomorrow, and soon. I see no fault in calling it advice, but everyone says their ideas aren't actual advice - and my advice is always to do your own homework b/c this is fancy guesswork that seemingly can be excelled at, by many. That said, on a personal note, I was a heavy sports bettor. Betting on stonks "AINT" That different, folks. LEGGO, and GL. -BDR
NYSE:HAL
by BDRTrigger33
$4672.50 in 2006 to $6.00 - Huge Demand, Robust EarningsPacific Ethanol, Inc. produces and markets low-carbon renewable fuels and alcohol products in the United States. The company operates in two segments, Production and Marketing. It produces and markets ethanol; and co-products, such as wet and dry distillers grains, wet and dry corn gluten feed, condensed distillers solubles, corn gluten meal, corn germ, corn oil, dried yeast, and CO2, as well as markets ethanol produced by third parties. The company also offers ethanol transportation, storage, and delivery services through third-party service providers. It sells ethanol to integrated oil companies and gasoline marketers; distillers grains and other feed co-products to dairies and feedlots; and corn oil to poultry and biodiesel customers. The company owns and operates nine ethanol production facilities, including four plants located in the Western states of California, Oregon, and Idaho; and five plants in the Midwestern states of Illinois and Nebraska. Pacific Ethanol, Inc. was founded in 2003 and is headquartered in Sacramento, California. I think this is the beginning of something huge. As I noted, the stock hit a high of $4672.50 in 2006. Demand for Alcohol products in the United States and around the World is outstripping supply as can be seen in Pacific Ethanol's last earnings report below. The company continues to pay down its debt too. August 11, 2020 Shares of Pacific Ethanol (NASDAQ:PEIX) moved higher by 38.29% in after-market trading after the company reported Q2 results. Quarterly Results Earnings per share rose 258.82% over the past year to $0.27, which beat the estimate of ($0.20). Revenue of $212,074,000 beat the estimate of $174,200,000. This is a pure turnaround play in my opinion with a lot of room to run a lot higher. Daily Chart is Bullish with most indicators trending up, Bullish The stock continues to make new 52-week highs. Long! DISCLAIMER The Content herein is for informational purposes only, you should not construe any such information or other material as legal, tax, investment, financial, or other advice.
PLong
by HotCharts
Which Way Does Oil Want To Breakout, Down or Up?Since collapse we have had a good recovery with a very strong impulse and the 3 day continues to shoot green. Now we are zoomed in on 12 hour timeframe. After the strong impulse, price action has started to range into something similar to an ascending wedge creating a test at the recent top with a tight price consolidation. These are the perfect kinds of moves you want to play. What we will look for next is to play a breakout either way out of the current compression point. Big volume should attack on the breakout. $30 high / $29 low. Currently in mid range. Let it lead into a transition on the daily candle to shift the indicators. Good luck.
AMEX:USO
by UnknownUnicorn2319099
8