|Day Low/High||37.38 / 38.48|
|52 Wk Low/High||14.51 / 39.82|
Jim Cramer ponders how oil and math don't mix, and the fate of Wells Fargo's Stumpf.
Use available weakness in the trading range to initiate or increase positions.
Jim Cramer has suggested stocks to own after the OPEC decision to curtail production.
The OPEC agreement puts a floor under oil I don't think will ever again be breached.
The supposed OPEC deal is just a desperate action to stop oil prices from collapsing again.
Energen, Gulfport Energy, Laredo Petroleum, Newfield Exploration, PDC Energy and SM Energy top Williams Capital Group's takeout list.
The transaction is the buyer's fourth acquisition in eight months and includes margin-boosting royalty interests.
The deal, which was privately negotiated, expands the buyer's position in the popular Midland Basin by more than a third at a healthy valuation.
Trade-Ideas LLC identified Parsley Energy (PE) as a new lifetime high candidate
U.S. banks from JPMorgan Chase to Citigroup and Bank of America have become financial supermarkets, reaping juicy fees from selling stocks for distressed oil companies that were previously big borrowers.
Any weakness is an opportunity to revisit the sector but with greater emphasis on stock-specific opportunities and dislocations, one analyst says.