Best Energy Stocks To Watch For 2019

tags:PSXP,MMP,NOG,PDCE,NOA,OXY,

Ur-energy (NYSEAMERICAN:URG) (TSE:URE) – Equities research analysts at B. Riley decreased their Q3 2018 earnings per share (EPS) estimates for Ur-energy in a note issued to investors on Wednesday, August 15th. B. Riley analyst L. Pipes now anticipates that the basic materials company will post earnings of ($0.03) per share for the quarter, down from their previous forecast of ($0.02). B. Riley also issued estimates for Ur-energy’s Q4 2018 earnings at ($0.04) EPS, Q3 2019 earnings at ($0.04) EPS, Q4 2019 earnings at ($0.04) EPS, FY2019 earnings at ($0.01) EPS and FY2020 earnings at ($0.05) EPS.

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Several other research analysts have also commented on URG. TheStreet raised shares of Ur-energy from a “d+” rating to a “c” rating in a report on Monday, June 18th. Zacks Investment Research raised shares of Ur-energy from a “hold” rating to a “strong-buy” rating and set a $0.75 price target for the company in a report on Wednesday, July 18th. Finally, HC Wainwright set a $2.00 price target on shares of Ur-energy and gave the company a “buy” rating in a report on Monday, July 30th. Two research analysts have rated the stock with a hold rating and four have given a buy rating to the company’s stock. The company currently has an average rating of “Buy” and a consensus target price of $1.44.

Best Energy Stocks To Watch For 2019: Phillips 66 Partners LP(PSXP)

Advisors' Opinion:

• [By Tyler Crowe, Jason Hall, and Matthew DiLallo]

  So we asked three of our Motley Fool contributors to each highlight a stock they see as a buy in the oil and gas industry right now. Here's why they picked ExxonMobil (NYSE:XOM), EOG Resources (NYSE:EOG), and Phillps 66 Partners (NYSE:PSXP). 

• [By Matthew DiLallo]

  One of the drivers of that increase is the fact that Diamondback Energy has secured 50,000 BPD of capacity on the Gray Oak Pipeline, which is under development by Phillips 66 Partners (NYSE:PSXP) and Andeavor (NYSE:ANDV). Initially envisioned as a 385,000 BPD pipeline, Gray Oak will now be a 700,000 BPD pipeline that its developers could expand to 1 million BPD if they secure enough customers. Phillips 66 Partners, which is leading the development, expects the project to enter service by the end of 2019.

• [By Max Byerly]

  Phillips 66 Partners (NYSE: PSXP) and NuStar GP (NYSE:NSH) are both oils/energy companies, but which is the superior stock? We will compare the two companies based on the strength of their dividends, analyst recommendations, earnings, profitability, valuation, risk and institutional ownership.

• [By John Bromels]

  Phillips 66 was the midstream (transportation and storage) and downstream (refining and marketing) arms of oil and gas giant ConocoPhillips, which spun the company off in 2012. The company's midstream operations include income from its master limited partnerships Phillips 66 Partners (NYSE:PSXP) and DCP Midstream (NYSE:DCP), which it co-owns with Enbridge.

• [By Ethan Ryder]

  Phillips 66 Partners (NYSE:PSXP) had its price target reduced by stock analysts at Credit Suisse Group from $61.00 to $59.00 in a research note issued to investors on Monday. The brokerage currently has an “outperform” rating on the oil and gas company’s stock. Credit Suisse Group’s price objective would indicate a potential upside of 17.04% from the stock’s previous close.

Best Energy Stocks To Watch For 2019: Magellan Midstream Partners L.P.(MMP)

Advisors' Opinion:

• [By Reuben Gregg Brewer]

  Income investors have to evaluate a lot of factors when looking at the dividend stocks they add to their portfolios. One quick way to streamline the process is to focus on high-yield stocks of companies with long histories of dividend increases. Right now midstream energy players Magellan Midstream Partners LP (NYSE:MMP), Enterprise Products Partners LP (NYSE:EPD), and Enbridge Inc. (NYSE:ENB) look like top options. Here's what you need to know about each.

• [By Matthew DiLallo]

  That's why those who like dividends will undoubtedly love what Enterprise Products Partners (NYSE:EPD), Magellan Midstream Partners (NYSE:MMP), and MPLX (NYSE:MPLX) have to offer. Not only does this trio of energy midstream master limited partnerships (MLPs) pay well-above-average dividends that currently have yields of between 5.6% and 7.2%, but they have consistently increased their payment rate each quarter. With those payouts on rock-solid ground and more growth in the forecast, this trio of MLPs is perfect for dividend fans.

• [By ]

  Crude prices recovered sharply from the profit-taking that we saw ahead of yesterday's news events, and it is in the Saudis' best interest to maintain higher market prices as long as the Saudi Aramco deal remains in the future. That said, the U.S. dollar continues to strengthen versus the greenback's peers, and that could act as a weight upon all commodity prices if that condition were to persist.

  Trade Idea: Magellan Midstream Partners (MMP)

  You've heard all about the bottlenecks in domestic distribution. Now, you've heard Secretary Mnuchin talk about production. Still, we have to get this stuff to market. When it comes to energy, I have focused on oil services, hence my well-known long positions in both Action Alerts PLUS holding Schlumberger (SLB) , and Halliburton (HAL) .

• [By John Bromels, Jeremy Bowman, and Daniel Miller]

  We asked three Motley Fool investors to highlight a top dividend-paying stock with a yield above 2% that is supported by a solid business underneath. They came back with Magellan Midstream Partners (NYSE:MMP), Home Depot (NYSE:HD), and Ford Motor Company (NYSE:F). Here's why they chose the way they did. 

• [By Shane Hupp]

  Fayez Sarofim & Co boosted its stake in Magellan Midstream Partners, L.P. (NYSE:MMP) by 14.0% in the 1st quarter, according to its most recent filing with the SEC. The fund owned 13,372 shares of the pipeline company’s stock after purchasing an additional 1,644 shares during the period. Fayez Sarofim & Co’s holdings in Magellan Midstream Partners were worth $780,000 at the end of the most recent quarter.

• [By Reuben Gregg Brewer]

  For an example of just how important this is, take a look at the graph below. Midstream companies ONEOK Inc. (NYSE:OKE), Magellan Midstream Partners LP (NYSE:MMP), and Enterprise Products Partners L.P. (NYSE:EPD) have each increased their disbursements for more than a decade. However, there is a difference in the growth rates over time. Enterprise's 10-year annualized distribution increase was 5.7%, Magellan's was 10.9%, and ONEOK's dividend rose at an annualized 16.1% clip. Just a few percentage points here makes a huge difference in the growth of the disbursement over time, as the chart below clearly shows.

Best Energy Stocks To Watch For 2019: Northern Oil and Gas, Inc.(NOG)

Advisors' Opinion:

• [By Garrett Baldwin]
  Markets are cheering a major development in efforts to fix the ongoing trade conflict between the United States and China. According to Reuters, Chinese telecom giant ZTE has signed an agreement to get back into business with its American partners. The agreement will lift a ban by the U.S. Commerce Department that prevented China's No. 2 telecommunications equipment from buying from U.S. suppliers. This is a major development, and one that signals progress among trade officials from both nations. There are now more job openings in the United States than available workers. This is the first time that the Department of Labor has documented this phenomenon. There are 6.7 million openings compared to the 6.4 million workers available to fill those positions. As a result, U.S. companies have been forced to increase compensation in order to attract talent. All of the positive economic development could come to a screeching halt should the U.S. experience the largest labor strike in a decade. Reports indicate that the Teamsters and the United Parcel Service (NYSE: UPS) are on a collision course that could result in a general strike. The union has announced that 260,000 UPS employees have authorized a strike should both sides fail to reach a labor deal by August 1. UPS is responsible for the transport of 6% of the nation's gross domestic product. Three Stocks to Watch Today: TSLA, NOG, WFC Tesla Inc. (Nasdaq: TSLA) investors remain committed to giving Chairman Elon Musk more of their money. On Tuesday, shareholders struck down proposals that would have removed Musk from the chairman role and shaken up the board of directors. Both proposals failed. At the same shareholder event, Musk announced plans for Tesla to open a production facility in Shanghai and projected that his firm will likely produce 5,000 Model 3 vehicles per week by the end of June. In deal news, defense contractor Northrop Grumman (NYSE: NOG) has won U.S. antitrust approval to purchase rocket moto
• [By Ethan Ryder]

  Northern Oil and Gas Inc. (NYSEAMERICAN:NOG) has received a consensus recommendation of “Hold” from the eight research firms that are presently covering the firm, MarketBeat.com reports. Seven investment analysts have rated the stock with a hold rating and one has issued a buy rating on the company. The average 12 month price target among brokers that have covered the stock in the last year is $2.20.

• [By Shane Hupp]

  Northern Oil & Gas (NYSEAMERICAN:NOG) last released its quarterly earnings data on Monday, May 7th. The energy company reported $0.17 EPS for the quarter, topping the consensus estimate of $0.12 by $0.05. The business had revenue of $66.61 million during the quarter, compared to analysts’ expectations of $77.25 million.

• [By Ethan Ryder]

  Northern Oil & Gas, Inc. (NYSEAMERICAN:NOG) – Equities research analysts at Imperial Capital cut their FY2019 earnings estimates for Northern Oil & Gas in a note issued to investors on Wednesday, June 13th. Imperial Capital analyst J. Wangler now anticipates that the energy company will post earnings per share of $0.33 for the year, down from their previous forecast of $0.34. Imperial Capital has a “Hold” rating and a $3.00 price objective on the stock.

Best Energy Stocks To Watch For 2019: PDC Energy, Inc.(PDCE)

Advisors' Opinion:

• [By Ethan Ryder]

  Great West Life Assurance Co. Can decreased its position in PDC Energy Inc (NASDAQ:PDCE) by 2.0% in the 2nd quarter, HoldingsChannel reports. The fund owned 83,880 shares of the energy producer’s stock after selling 1,700 shares during the period. Great West Life Assurance Co. Can’s holdings in PDC Energy were worth $5,071,000 as of its most recent filing with the Securities & Exchange Commission.

• [By Matthew DiLallo]

  In addition to supporting the growth of its parent, Noble Midstream will also assist third-party producers. One of the drivers is a partnership it formed with a private-equity-backed midstream company last year to buy the Black Diamond Gathering system in the DJ Basin. That system initially supported the production of six customers, including PDC Energy (NASDAQ:PDCE). However, the partners have gone on to expand their relationship with PDC Energy as well as recently adding a new customer into the fold, which has enhanced the system's growth prospects.

• [By Max Byerly]

  Get a free copy of the Zacks research report on PDC Energy (PDCE)

  For more information about research offerings from Zacks Investment Research, visit Zacks.com

• [By Max Byerly]

  Get a free copy of the Zacks research report on PDC Energy (PDCE)

  For more information about research offerings from Zacks Investment Research, visit Zacks.com

Best Energy Stocks To Watch For 2019: North American Energy Partners, Inc.(NOA)

Advisors' Opinion:

• [By Stephan Byrd]

  Franks International (NYSE: NOA) and North American Construction Group (NYSE:NOA) are both small-cap oils/energy companies, but which is the better stock? We will compare the two businesses based on the strength of their dividends, earnings, profitability, institutional ownership, risk, valuation and analyst recommendations.

• [By Ethan Ryder]

  North American Construction Group (TSE:NOA) (NYSE:NOA) had its price objective boosted by Canaccord Genuity from C$11.00 to C$14.00 in a research note released on Tuesday.

• [By Stephan Byrd]

  Media coverage about North American Construction Group (NYSE:NOA) (TSE:NOA) has trended positive recently, according to Accern. Accern identifies positive and negative news coverage by monitoring more than twenty million news and blog sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores closest to one being the most favorable. North American Construction Group earned a news impact score of 0.44 on Accern’s scale. Accern also gave media headlines about the oil and gas company an impact score of 47.0166679067395 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the next several days.

• [By Stephan Byrd]

  Core Laboratories (NYSE: CLB) and North American Construction Group (NYSE:NOA) are both oils/energy companies, but which is the superior investment? We will contrast the two businesses based on the strength of their risk, institutional ownership, profitability, dividends, valuation, analyst recommendations and earnings.

Best Energy Stocks To Watch For 2019: Occidental Petroleum Corporation(OXY)

Advisors' Opinion:

• [By Chris Lange]

  Occidental Petroleum Corp.'s (NYSE: OXY) short interest increased to 8.97 million shares from the previous reading of 7.33 million. Shares recently traded at $79.34, in a 52-week range of $58.69 to $87.67.

• [By ]

  Take one of our own holdings over at High-Yield Investing, Occidental Petroleum (NYSE: OXY). While grocery prices have increased by 35% since 2008, OXY's quarterly dividend distributions have risen from $0.25 to $0.78 per share -- an increase of 212%.

• [By Ethan Ryder]

  Get a free copy of the Zacks research report on Occidental Petroleum (OXY)

  For more information about research offerings from Zacks Investment Research, visit Zacks.com

• [By Chris Lange]

  Occidental Petroleum Corp.'s (NYSE: OXY) short interest decreased to 11.44 million shares from the previous reading of 11.77 million. Shares recently traded at $69.65, in a 52-week range of $57.20 to $78.09.