As of yesterday, 9 of the 11 sectors in the S&P 500 are in red.
Only 2 sectors are green: Energy with 16% and Financials with 0.4% (Source: MarketWatch).
If you are long on oil, this is the year to be rewarded for your patient capital.
$CPE $XOM $CVX $RIG $OIH $LPI $FANG $APA $COP
D
JUST IN: Energy Information Administration (EIA) “forecast global oil demand to return to pre-pandemic levels this year.” (MSN News)
Initial forecast was a 2023 return to pre-pandemic levels.
This is a strong bullish signal that shows robust global demand supports fundamentals of oil prices.
Ignore the daily gyrations of share prices of oil stocks. There is only one way to go in 2022/2023 as more funds rotate into O&G. Patience pays.
$CPE $XOM $CVX $RIG $OIH $$LPI $FANG $APA
r
People are posting msileading information....Last quarter HAS NOT BEEN REPORTED YET AND OIL WAS ABOUT 7-8$ PER BARREL HIGHER THAN THE LAST REPORTED QUARTER AND NAT AGS WAS UP ABOUT 40%...at these levels oxy is crushing it free cash flow could be 3.5-4 billion in one quarter...you cant expect oil to just keep going straight up....they have no dividend and billions less in capex...THIS SHOULD BE IN THE 60S based on oil and gas this high and no dividend and lower capex....give the ark inevstors time to realize that they are sunk for about another 5-7 years and all of the trillions in tech to realize that this year could flat or even worse ...then tons of free cash flow and real assets will look good ..give th dart throwing investors and fund managers a little time to drift over
Anyone that sells now, with WTI closing in on $90, earnings right around the corner, and the entire oil sector moving in lockstep, is making a huge mistake. I I I I $RIG $LPI $CDEV $MRO $OXY
K
Notice that OXY closed today at $35.83 - just a few pennies higher than last quarter's high. And crude oil about the same as last quarter -a little over $86 a barrel. I get the feeling we're going to be stuck here until 4th qtr earnings are reported on Feb 7th. No one wants to risk going higher until we hear solid guidance from management.
Q
Look at deep ITM Calls expiring tomorrow ( @ $15, 17, 20, 25) : the volume traded versus the O.I. Most of these Calls Holders (as myself) will likely exercise their Options instead of selling them . The HF Shorts can keep down OXY sp for 1 day more to limit their loss. Starting Monday , this stock will fly much higher !
Oxy is the most undervalued oil giant with carbon reduction future activities and a strong chemical business as well.
The cashflow is giant and purchase of Anadarko a great deal among these circumstances.
My target is 70 USD end of year.
T
Any chance OXY tries to buy out of the preferred deal with BRK in the near future?
K
A little light reading before bed. "Oil could break the stock market’s back if crude ‘goes parabolic’ — How to prepare".
l
For quite some time now the stock market is behaving like a chicken without a head. There is no rhyme or reason to its gyrations and the spin being bandied about changes daily.. As I see it, the P/E multiples on the popular stocks have gone beyond the point of no return and the P/E multiples on value stocks will continue to be compressed even after reporting excellent quarterly results. The big money is trapped in the high P/E multiple stocks and it is going to take time and multiple market.gyrations for them to unwind the positions that they have gotten themselves into. For the OXY stockholder patience and a strong stomach will be amply rewarded in the 3 to 5 year horizon.
Market Place for all of Guyana
Market Place for all of Guyana
market.gy
B
2014 was last time oil pb was at today's $85 level...oxy sp then traded above 100 ..and they didn't own anaconda assets in Permian basin yet..so what's true value today ? sp should at least triple from here
C
***** In doing some DD on a recent discovery offshore South Africa by Total, where OXY has offshore licenses, I stumbled over a bit of news from Abu Dhabi (15 Dec. 2021). INPEX, Japan's largest oil expiration company has made a discovery on block 4 on land...... and as operator has discovered approx. a billion BOE. OXY operates on blocks 3 & 5 adjacent to the discovery. ADNOC (Abu Dhabi national oil company) release the statement advising that the next step will be to analyze the area in and around block 3 for additional presence of hydrocarbons. Sounds like OXY it's nicely situated with large acreage holding in that field...... obviously near The Sweet spot, and we should hear more later this year as appraisal Wells and seismic programs are conducted. *****deepsub
J
Understanding the Long-Legged Doji
The long-legged doji suggests that the forces of supply and demand are nearing equilibrium and that a trend reversal may occur.
M
Leave it to Spuds and WolfBaby to be upset on todays performance, how can anyone not see this week as super bullish so far considering the options that expire this friday ?
J
Saying this for long while. But this is a 70+ stock.
Goldman Sachs sees Brent Crude prices at $90 a barrel this quarter, $95 in the second quarter, and $100 a barrel in the third and fourth quarters this year.
r
whats up with all of the posts about oil selling off....we are at almost 8 year highs...do you think it going to keep goinf straight to a hunnnnerd...with oil at 65 this should be in the mid 40s or higher....the cloud needs to slowly move off of oil ...the first break was when the first few fund managers dipped in and moved in and move devon and cvx to almost 10 year highs...not they have look beyond those littly by lttle the fury that ark created and others is fading as the reality is setting in that that those long lists of 'TRENDSETTERS" HAVE LTTLE OF NOE EARNINGS AND MAY STAY THAT WAY FOR YEARS .....JUST WAIT UNTIL CARBON CAPTURE IS FULLY REALIZED BY EVERYONE...ALL OF A SUDDEN SENTIMENT WILL CHANGE RAPIDLY
M
The Iraq/Turkey pipeline news can be big folks, could hit $90 WTI in a day or two if the shutdown is long term
J
Every 1b$ of debt paid down will be 1$ increase in share price. FCF of approximately 16+b$ year. Sustaining capital is 3b$.
C
Profits and trend is in the same line. A down tick is enough to feed the wolf I guess but the chart tells the story!
Only 2 sectors are green: Energy with 16% and Financials with 0.4% (Source: MarketWatch).
If you are long on oil, this is the year to be rewarded for your patient capital.
$CPE $XOM $CVX $RIG $OIH $LPI $FANG $APA $COP
Initial forecast was a 2023 return to pre-pandemic levels.
This is a strong bullish signal that shows robust global demand supports fundamentals of oil prices.
Ignore the daily gyrations of share prices of oil stocks. There is only one way to go in 2022/2023 as more funds rotate into O&G. Patience pays.
$CPE $XOM $CVX $RIG $OIH $$LPI $FANG $APA
I
I
I
I
$RIG $LPI $CDEV $MRO $OXY
The cashflow is giant and purchase of Anadarko a great deal among these circumstances.
My target is 70 USD end of year.
*****deepsub
The long-legged doji suggests that the forces of supply and demand are nearing equilibrium and that a trend reversal may occur.
Goldman Sachs sees Brent Crude prices at $90 a barrel this quarter, $95 in the second quarter, and $100 a barrel in the third and fourth quarters this year.