bullish on oil. Or at least intrigued by the upside possibility. And why not? There are three reasons crude may continue to crescendo.the usual impending recession. Rather than a hard or soft landing, it looks like we will see “no landing” at all in which the economy continues to grow.
BP cut its dividend by 50% in 2020 and “dividend magnet” dragged the stock price down the same. Since then, the giant has revived. Sales doubled between 2020 and 2023 and today BP is solidly profitable again. has rallied since we called it a “no landing” favorite last week. Shares still pay a sweet 7.9% and look attractive here.
Since 2014, the oil price required by EOG to achieve 10% return on capital has dropped from $86 per barrel to just $42 last year:Which means upside on oil is pure cash for EOG. The stock pays 2.7% while longs wait for it to moonshot.
Vi har sammanfattat den här nyheten så att du kan läsa den snabbt. Om du är intresserad av nyheterna kan du läsa hela texten här. Läs mer:
Sverige Senaste nytt, Sverige Rubriker
Similar News:Du kan också läsa nyheter som liknar den här som vi har samlat in från andra nyhetskällor.
2 High-Yield Dividend Stocks Poised to Soar as No-Landing Scenario UnfoldsStocks Analysis by Contrarian Outlook (Brett Owens) covering: Natural Gas Futures, EQT Corporation, Plains All American Pipeline LP, Alerian MLP ETF. Read Contrarian Outlook (Brett Owens)'s latest article on Investing.com
Källa: Investingcom - 🏆 450. / 53 Läs mer »
European stocks climb after hefty Fed cut; Next soars after outlook liftEuropean stocks climb after hefty Fed cut; Next soars after outlook lift
Källa: Investingcom - 🏆 450. / 53 Läs mer »
Chinese stocks hold bullish outlook, Gavekal Research saysChinese stocks hold bullish outlook, Gavekal Research says
Källa: Investingcom - 🏆 450. / 53 Läs mer »
Stock Market Today: Dow closes at record as energy stocks ride oil prices higherStock Market Today: Dow closes at record as energy stocks ride oil prices higher
Källa: Investingcom - 🏆 450. / 53 Läs mer »
Stocks @ Night: Records, Weight Loss Drugs, and Nuclear EnergyCNBC's Stocks Night newsletter delivers a first look at tomorrow's market action and a last look at today's record-setting performance. The S&P 500 and Dow closed at all-time highs, while Eli Lilly's CEO faces questions about drug pricing and Vistra Energy sees gains fueled by positive nuclear energy sentiment.
Källa: CNBC - 🏆 12. / 72 Läs mer »
Stocks making the biggest moves midday: FedEx, Nike, Constellation Energy and moreThese are the stocks posting the largest moves in midday trading.
Källa: CNBC - 🏆 12. / 72 Läs mer »