Energy Stocks

Occidental M&A Deal Sparks 'Sell the News' Action

"Occidental in the news, a little M&A trade, not so little for them, but it was a nice deal. $9.7 billion Warren Buffet... those shares ticker OXY. Those are down now more than 3%. So I think we're just seeing a little bit of a buy fact or buy the rumor, sell the news action today in those shares."

Cameco (CCJ) Swing Trade on Intraday Pullback Opportunity

"Cameco, ticker CCJ, had a phenomenal day up 10.5%, reaching as high as 86 after crossing key resistance around 80 and 81. The analysis points out that buying at the top may risk a pullback; however, an earlier entry near the 80 level could have captured an intraday move of about 6%."

CVR Energy Swing Trade Setup at 32.67 Buy Point

"This one, a nice move today, up about 7.5%, peaking above this 32.67 buy point out of a cut base, Ed. And you look at the fundamentals and go, why are we looking at this stock? The margins are starting to turn up quite a bit and the crack spread is picking up."

Devon Energy as a Value Opportunity in the Energy Sector

"Im happy to see among the top names on my Bloomberg screen that Devon Energy is performing well. I recommend it and hold it as one of my favorite positions because it is a superbly well-run energy company, and the oil price right now is as cheap as it has been in the last 25 years, comparable only to 2000 and 2020."

Equinor as a Steady Dividend Play

"However, we have also discussed fundamental businesses in the quadrant video. Equinor 8.6% dividend pretty stable low costs. So that's also something you can rely on 8% every year."

Halliburton Rescue Mission via Call Selling

"I am still trying to fly a rescue mission at the $20 level. Did it last week. Expired worthless. So right now, my cost base is at $30.50. My break even at $27.17. Still planning to bring this down a little bit so that as soon as we pop up here, towards the $27.28 level, we can start selling calls again."

Overweight Energy Exposure with Petrobras

"Petrobras is one of our favorites, and double-digit yields selling about three times earnings."

ExxonMobil Announces Job Cuts Amid Efficiency Drive

"ExxonMobil, while trading unchanged, announced a plan to cut 2,000 jobs globally as part of its long-term restructuring initiative, signaling broader trends in the oil industry."

UK Retail Woes Impacting Next

"So let's talk about the high street retailer Next and what they see is happening with the UK consumer. Obviously, it's led by a very well-known business figure in the UK. That's Lord Wolfson. Yeah, absolutely. So quite a bad day for Next today. And of course, that's by extension bad news for that UK retail sector, given the status of Next as kind of that bellwether for the UK economy."