Best Energy Stocks To Watch For 2018


Shares of Bank of America (BAC), Citigroup (C) and JPMorgan Chase (JPM) are rising today, but not Wells Fargo (WFC) despite beating earnings forecasts this morning. Why? Evercore ISI’s John Pancari and team single out Wells Fargo’s exposure to energy:

Patrick T. Fallon/Bloomberg News

Wells Fargo reported 1Q16 EPS of $0.99. Ex gain on sale of Wells Fargo’s crop insurance biz (+$0.05), hedge ineffectiveness gain (+$0.05), and sec gains (+$0.03), we peg core EPS at $0.86 vs our estimate of $0.93 and cons $0.97. Miss from our est was due higher expenses (-$0.05), higher loan-loss provisions (-$0.02), lower net-interest income (-$0.02), and higher tax rate (-$0.01), partly offset by higher than expected fees (+$0.03). Overall, a weak qtr marked by a sizable energy loan-loss-reserve build and higher expenses.

Best Energy Stocks To Watch For 2018: Laredo Petroleum, Inc.(LPI)


Advisors’ Opinion:

  • [By Lisa Levin]

     

    Losers
    Heat Biologics, Inc. (NASDAQ: HTBX) shares tumbled 48.59 percent to close at $1.275 on Thursday after the company priced its $18,000,000 public offering.
    InVivo Therapeutics Holdings Corp. (NASDAQ: NVIV) fell 38.77 percent to close at $8.26 on Thursday.
    Check-Cap Ltd. (NASDAQ: CHEK) shares tumbled 27.43 percent to close at $8.81.
    Achaogen, Inc. (NASDAQ: AKAO) dropped 24.76 percent to close at $11.06 in reaction to a disappointing update from an FDA AdCom panel. The FDA panel voted favorably for the company's Plazcomicin for treatment of adults with complicated urinary tract infections, but also voted against the therapy to be used as a treatment for bloodstream infections.
    Anika Therapeutics, Inc. (NASDAQ: ANIK) shares declined 24.68 percent to close at $34.80 after the company posted downbeat quarterly results.
    LSC Communications, Inc. (NASDAQ: LKSD) shares fell 24.22 percent to close at $12.64 following wider-than-expected Q1 loss.
    Cardinal Health, Inc. (NYSE: CAH) fell 21.42 percent to close at $50.80 following downbeat quarterly profit.
    Horizon Global Corporation (NYSE: HZN) dropped 20.42 percent to close at $6.00 following downbeat quarterly earnings.
    Hornbeck Offshore Services, Inc. (NYSE: HOS) slipped 20.11 percent to close at $2.90 following wider-than-expected Q1 loss.
    Esperion Therapeutics, Inc. (NASDAQ: ESPR) fell 19.28 percent to close at $36.93. Esperion Therapeutics stock lost roughly a third of its value Wednesday after the company reported mixed Phase III results for its leading drug candidate, bempedoic acid. JP Morgan downgraded Esperion Therapeutics from Neutral to Underweight.
    Laredo Petroleum, Inc. (NYSE: LPI) declined 17.77 percent to close at $8.98 after the company reported weaker-than-expected Q1 earnings.
    The Habit Restaurants, Inc. (NASDAQ: HABT) dipped 16.1 percent to close at $8.60 after the company reported downbeat quarterly results.
    Arcadia Biosciences, Inc. (N

Best Energy Stocks To Watch For 2018: Enbridge Inc(ENB)


Advisors’ Opinion:

  • [By Lisa Levin] Companies Reporting Before The Bell
    Nomad Foods Limited (NYSE: NOMD) is estimated to report quarterly earnings at $0.36 per share on revenue of $656.43 million.
    AMC Networks Inc. (NASDAQ: AMCX) is expected to report quarterly earnings at $2.2 per share on revenue of $720.14 million.
    Magna International Inc. (NYSE: MGA) is projected to report quarterly earnings at $1.7 per share on revenue of $10.11 billion.
    Univar Inc. (NYSE: UNVR) is estimated to report quarterly earnings at $0.36 per share on revenue of $2.12 billion.
    Duke Energy Corporation (NYSE: DUK) is expected to report quarterly earnings at $1.14 per share on revenue of $5.78 billion.
    Owens & Minor, Inc. (NYSE: OMI) is projected to report quarterly earnings at $0.47 per share on revenue of $2.40 billion.
    Prestige Brands Holdings, Inc. (NYSE: PBH) is expected to report quarterly earnings at $0.61 per share on revenue of $255.60 million.
    Tribune Media Company (NYSE: TRCO) is projected to report quarterly earnings at $0.06 per share on revenue of $457.67 million.
    ArcBest Corporation (NASDAQ: ARCB) is estimated to report quarterly loss at $0.07 per share on revenue of $691.18 million.
    Genesis Healthcare, Inc. (NYSE: GEN) is projected to report quarterly loss at $0.34 per share on revenue of $1.32 billion.
    Enbridge Inc. (NYSE: ENB) is expected to report quarterly earnings at $0.55 per share on revenue of $10.14 billion.
    Kelly Services, Inc. (NASDAQ: KELYA) is estimated to report quarterly earnings at $0.42 per share on revenue of $1.34 billion.
    NICE Ltd. (NASDAQ: NICE) is expected to report quarterly earnings at $1.01 per share on revenue of $332.93 million.
    World Acceptance Corporation (NASDAQ: WRLD) is estimated to report quarterly earnings at $3.94 per share on revenue of $147.32 million.
    MAXIMUS, Inc. (NYSE: MMS) is expected to report quarterly earnings at $0.84 per share on revenue of $616.04 million.
    Choice Hotels International, Inc. (NYSE: CH
  • [By Matthew DiLallo]

    Last November, Enbridge (NYSE:ENB) outlined its three-year strategic and financial plan. One of the key components of the Canadian pipeline giant’s strategy was selling 3 billion Canadian dollars’ ($2.3 billion as of May 9, 2018) worth of non-core assets in 2018, which would give it some of the cash needed to finance its CA$22 billion ($17 billion) expansion plan. That would enable the company to reduce debt while still growing cash flow and the dividend at a 10% compound annual rate through 2020.

  • [By Joseph Griffin]

    Enbridge (NYSE:ENB) (TSE:ENB) is scheduled to be releasing its earnings data before the market opens on Thursday, May 10th. Analysts expect Enbridge to post earnings of $0.48 per share for the quarter.

  • [By Matthew DiLallo]

    Canadian energy infrastructure giant Enbridge (NYSE:ENB) has lost nearly a quarter of its value over the past year, and currently sells for just nine times cash flow, well below the peer group average of nearly 12 times 2018 cash flow. That sell-off also pushed its fast-growing dividend up to a 6.7% yield, which is the highest it has been since the early 1990’s.

Best Energy Stocks To Watch For 2018: WPX Energy, Inc.(WPX)


Advisors’ Opinion:

  • [By Shane Hupp]

    Hodges Capital Management Inc. lowered its stake in shares of WPX Energy (NYSE:WPX) by 1.6% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 1,047,818 shares of the oil and gas producer’s stock after selling 17,025 shares during the period. WPX Energy accounts for about 1.2% of Hodges Capital Management Inc.’s investment portfolio, making the stock its 23rd largest position. Hodges Capital Management Inc. owned about 0.26% of WPX Energy worth $15,487,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Best Energy Stocks To Watch For 2018: Apache Corporation(APA)


Advisors’ Opinion:

  • [By Chris Lange]

    Apache Corp. (NYSE: APA) fourth-quarter results are scheduled for Thursday. The consensus forecast is for $0.22 in EPS on $1.55 billion in revenue. Shares were trading at $38.11. The consensus price target is $50.43. The 52-week range is $35.70 to $56.51.

  • [By Jason Hall, Tyler Crowe, and John Bromels]

    If you’re shopping for great buys in the oil patch right now, three Motley Fool contributors think you should take a close look at tech-heavy but asset-light oilfield services providerCore Laboratories N.V.(NYSE:CLB), value-priced independent oil producerApache Corporation(NYSE:APA), and refining giantMarathon Petroleum Corp(NYSE:MPC).

  • [By VantagePoint]

    Apache Corporation (NYSE: APA) has been ripping since March 2nd, when it hit a two-year low of $33.60. Since then it's up 25 percent. 

    The three-month chart below shows that this trend is likely to continue. The blue line is generated via VantagePoint's intermarket analysis, and represents a prediction of what APA's moving average will be in three days. The black line is a simple 10-day moving average. Note the bullish crossover that occurred in early March. That was a signal that the stock was entering an uptrend. 

  • [By Max Byerly]

    US Bancorp DE decreased its stake in shares of Apache Co. (NYSE:APA) by 5.8% during the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 145,332 shares of the energy company’s stock after selling 8,948 shares during the period. US Bancorp DE’s holdings in Apache were worth $5,592,000 as of its most recent SEC filing.

  • [By John Bromels]

    And despite the stock market’s long bull run, there are still some dividend stocks out there that are both cheap and high-quality. So let’s go bargain shopping and see if we can find some! Three in the bargain bin that look promising are Kinder Morgan(NYSE:KMI),ExxonMobil(NYSE:XOM), and Apache Corporation(NYSE:APA). Here’s why they might be right for your portfolio.

  • [By ]

    Now, I haven’t dabbled in U.S. shale oil or in the permian basin since I extracted myself from Apache (APA) several months ago after an epic fight in the name of capital preservation. But The Wall Street Journal ran a piece last week explaining that due to already-mentioned distribution bottlenecks, Permian-basin oil prices had fallen below $60 a barrel despite the fact that WTI futures were trading above $70.

Best Energy Stocks To Watch For 2018: Genesis Energy, L.P.(GEL)


Advisors’ Opinion:

  • [By Lisa Levin] Companies Reporting Before The Bell
    Celgene Corporation (NASDAQ: CELG) is projected to report quarterly earnings at $1.96 per share on revenue of $3.46 billion.
    Aon plc (NYSE: AON) is expected to report quarterly earnings at $2.8 per share on revenue of $2.93 billion.
    American Axle & Manufacturing Holdings, Inc. (NYSE: AXL) is estimated to report quarterly earnings at $0.81 per share on revenue of $1.75 billion.
    Alibaba Group Holding Limited (NYSE: BABA) is expected to report quarterly earnings at $0.88 per share on revenue of $9.27 billion.
    LifePoint Health, Inc. (NASDAQ: LPNT) is projected to report quarterly earnings at $1.13 per share on revenue of $1.62 billion.
    V.F. Corporation (NYSE: VFC) is estimated to report quarterly earnings at $0.65 per share on revenue of $2.90 billion.
    Newell Brands Inc. (NYSE: NWL) is expected to report quarterly earnings at $0.26 per share on revenue of $3.05 billion.
    Titan International, Inc. (NYSE: TWI) is projected to report quarterly earnings at $0.04 per share on revenue of $407.27 million.
    Boise Cascade Company (NYSE: BCC) is expected to report quarterly earnings at $0.45 per share on revenue of $1.09 billion.
    Cheniere Energy, Inc. (NYSE: LNG) is estimated to report quarterly earnings at $0.39 per share on revenue of $1.59 billion.
    Cboe Global Markets, Inc. (NASDAQ: CBOE) is projected to report quarterly earnings at $1.24 per share on revenue of $308.05 million.
    ITT Inc. (NYSE: ITT) is estimated to report quarterly earnings at $0.73 per share on revenue of $683.96 million.
    Fred's, Inc. (NASDAQ: FRED) is expected to report quarterly loss at $0.19 per share on revenue of $551.00 million.
    Virtu Financial, Inc. (NASDAQ: VIRT) is projected to report quarterly earnings at $0.52 per share on revenue of $288.31 million.
    Cheniere Energy Partners, L.P. (NYSE: CQP) is expected to report quarterly earnings at $0.57 per share on revenue of $1.38 billion.
    Genesis Energy, L.P
  • [By ]

    Genesis Energy LP (NYSE: GEL)
    Billing itself as a “growth-oriented master limited partnership,” GEL concentrates its efforts on providing services around and within refineries primarily located on the Gulf Coast. Management is committed to logical double-digit growth as well as strengthening its distribution coverage. At $20.80 per unit, GEL yields 11.8% and trades at a nearly 40% discount to its 52-week high.

Best Energy Stocks To Watch For 2018: Chesapeake Energy Corporation(CHK)


Advisors’ Opinion:

  • [By Paul Ausick]

    Here’s how share prices of the largest U.S. natural gas producers reacted to this latest report:

    Exxon Mobil Corp. (NYSE: XOM), the country’s largest producer of natural gas, traded up about 1.3%, at $80.98 in a 52-week range of $72.16 to $89.30. Chesapeake Energy Corp. (NYSE: CHK) traded up about 2.0% to $3.33, in a 52-week range of $2.86 to $3.34. EOG Resources Inc. (NYSE: EOG) traded up about 1% to $118.92. The 52-week range is $81.99 to $119.71.

    The United States Natural Gas ETF (NYSEARCA: UNG) traded up about 2.4%, at $22.83 in a 52-week range of $20.40 to $31.72.

  • [By ]

    Chesapeake Energy (CHK) : “No. That’s natural gas, and we’ve got too much of it in this country.”

    Adaptimmune Therapeutics (ADAP) : “If you’ve speculated on this one, you’ve won. Let’s move on.”

  • [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.