Yahoo Finance Zacks Value Trader Highlights: Pioneer Natural Resources, EOG Resources, Hess, SLB and Baker Hughes
For Immediate Release
Chicago, IL – August 14, 2023 – Zacks Value Trader is a podcast hosted weekly by Zacks Stock Strategist Tracey Ryniec. Every week, Tracey will be joined by guests to discuss the hottest investing topics in stocks, bonds and ETFs and how it impacts your life. To listen to the podcast, click here: https://www.zacks.com/stock/news/2135445/how-to-invest-in-commodity-stocks)
How to Invest in Commodity Stocks
Welcome to Episode #339 of the Value Investor Podcast.
(0:30) - Tips To Finding Value In Cyclical Industries
(14:10) - Is Now A Good Time To Invest Into Energy?
(25:30) - Episode Roundup: PXD, EOG, HES, SLB, BKR
Podcast@Zacks.com
Every week, Tracey Ryniec, the editor of Zacks Value Investor portfolio, shares some of her top value investing tips and stock picks.
With energy stocks rallying again, it's time to take a look at commodities stocks. Tracey has been reading the book "The Joys of Compounding," by Gautum Baid. It has a chapter that is very relevant to what is going on in commodities right now. That chapter is called "Investing in Commodity and Cyclical Stocks is all about the Capital Cycle."
In the chapter, Baid gives tips on how to invest in commodities. Here's a hint, they aren't like other stocks. I cover what those tips are in the podcast. Tune in.
Are we in a new secular bull market in energy? If we are, there are going to be investing opportunities. What stocks should you be looking at?
5 Energy Stocks for Your Short List
1. Pioneer Natural Resources PXD
Pioneer Natural Resources is one of the largest exploration and production companies in the Permian Basin. In 2022, when crude prices were above $100, it paid out $6.27 billion to shareholders in dividends and other distributions.
Shares of Pioneer Natural Resources have jumped 14.3% in the last month but is up only 3% year-to-date. It has a debt-to-equity ratio of just 0.23.
Should Pioneer Natural Resources be on your short list?
2. EOG Resources, Inc. EOG
EOG Resources is a big cap exploration and production company with a market cap of $76.6 billion. It drills in the Permian, Williston, Anadarko, and Powder River basins, among others. In 2022, it paid out $5.1 billion in dividends and other distributions.
Shares of EOG Resources have popped 12.8% in the last month and are now up 1.2% year-to-date. It has a debt-to-equity ratio of 0.14.
Should investors have EOG Resources on their short list?
3. Hess Corp. HES
Hess is a global integrated energy company with exploration and midstream segments. It's exploring in one of the key emerging oil markets: offshore Guyana. Hess also explores in the Bakken and offshore in the Gulf of Mexico. In 2022, it paid $975 million in dividends and other distributions.
Shares of Hess have rallied 16.5% in the last month and are up 10.4% year-to-date. It has a debt-to-equity ratio of 0.97.
Should investors look outside the United States with a company like Hess?
4. SLB SLB
SLB, formerly known as Schlumberger, is a global technology company focused on the energy industry. It operates in 100 countries. In 2022, SLB paid $848 million in dividends and other distributions.
Shares of SLB are up 10.4% in the last month and 10.2% year-to-date. It has a debt-to-equity ratio of 0.74.
Should a services company like SLB be on your short list?
5. Baker Hughes Co. BKR
Baker Hughes is an energy technology company with operations in 120 countries. In 2022, it paid $743 million in dividends and other distributions to shareholders.
Shares of Baker Hughes are up 6.7% in the last month but have been grinding higher all year. They're up 19.6% year-to-date. Baker Hughes has a debt-to-equity ratio of 0.38.
Is Baker Hughes poised for further upside?
What Else Do You Need to Know About Investing in Commodities?
Tune into this week's podcast to find out.
[In full disclosure, Tracey owns shares of PXD in her personal portfolio.]
Why Haven't You Looked at Zacks' Top Stocks?
Since 2000, our top stock-picking strategies have blown away the S&P's +6.2 average gain per year. Amazingly, they soared with average gains of +46.4%, +49.5% and +55.2% per year. Today you can access their live picks without cost or obligation.
See Stocks Free >>
Tracey Ryniec is the Value Stock Strategist for Zacks.com. She is also the Editor of the Insider Trader and Value Investor services. You can follow her on twitter at @TraceyRyniec and she also hosts the Zacks Market Edge Podcast on iTunes.
About Zacks
Zacks.com is a property of Zacks Investment Research, Inc., which was formed in 1978. The later formation of the Zacks Rank, a proprietary stock picking system; continues to outperform the market by nearly a 3 to 1 margin. The best way to unlock the profitable stock recommendations and market insights of Zacks Investment Research is through our free daily email newsletter; Profit from the Pros. In short, it's your steady flow of Profitable ideas GUARANTEED to be worth your time! Click here for your free subscription to Profit from the Pros.
Follow us on Twitter: https://twitter.com/zacksresearch
Join us on Facebook: https://www.facebook.com/ZacksInvestmentResearch/
Zacks Investment Research is under common control with affiliated entities (including a broker-dealer and an investment adviser), which may engage in transactions involving the foregoing securities for the clients of such affiliates.
Media Contact
Zacks Investment Research
800-767-3771 ext. 9339
support@zacks.com
https://www.zacks.com/performance
Past performance is no guarantee of future results. Inherent in any investment is the potential for loss.This material is being provided for informational purposes only and nothing herein constitutes investment, legal, accounting or tax advice, or a recommendation to buy, sell or hold a security. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. It should not be assumed that any investments in securities, companies, sectors or markets identified and described were or will be profitable. All information is current as of the date of herein and is subject to change without notice. Any views or opinions expressed may not reflect those of the firm as a whole. Zacks Investment Research does not engage in investment banking, market making or asset management activities of any securities. These returns are from hypothetical portfolios consisting of stocks with Zacks Rank = 1 that were rebalanced monthly with zero transaction costs. These are not the returns of actual portfolios of stocks. The S&P 500 is an unmanaged index. Visit https://www.zacks.com/performancefor information about the performance numbers displayed in this press release.
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
Schlumberger Limited (SLB) : Free Stock Analysis Report
Hess Corporation (HES) : Free Stock Analysis Report
Pioneer Natural Resources Company (PXD) : Free Stock Analysis Report
EOG Resources, Inc. (EOG) : Free Stock Analysis Report
Baker Hughes Company (BKR) : Free Stock Analysis Report
