|Day Low/High||35.87 / 36.71|
|52 Wk Low/High||14.51 / 37.20|
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.
The most recent short interest data has been released for the 06/30/2016 settlement date, which shows a 2,476,932 share decrease in total short interest for Parsley Energy Inc , to 12,673,469, a decrease of 16.35% since 06/15/2016. Total short interest is just one way to look at short data; another metric that we here at Dividend Channel find particularly useful is the "days to cover" metric because it considers both the total shares short and the average daily volume of shares traded.
The Midland, Texas, oil and gas explorer didn't reveal the name of the seller, but a source said it was Natural Gas Partners-backed Luxe Energy.
TheStreet Quant Ratings provides fair and objective information to help you make educated investing decisions. We rate over 4,300 stocks daily and provide 5-page PDF reports for each stock. These ratings can change daily and today's changes are reflected in the email below. If you are looking to check-up on the stocks you currently own or are looking for new ideas, you can find our full database of password-protected ratings reports in our proprietary ratings screener: http://www.thestreet.com/k/qr/flat/stock-screener.html Upgrades: AG, ARTX, ING, MDC, PE Downgrades: CUI, KANG Initiations: None Read on to get TheStreet Quant Ratings' detailed report:
Analysts believe Diamondback Energy and Parsley Energy could be among the possible buyers interested in bolstering their drilling inventories.