• 6 minutes Trump vs. MbS
  • 11 minutes Can the World Survive without Saudi Oil?
  • 15 minutes WTI @ $75.75, headed for $64 - 67
  • 6 hours Satellite Moons to Replace Streetlamps?!
  • 13 mins U.S. Shale Oil Debt: Deep the Denial
  • 2 days US top CEO's are spending their own money on the midterm elections
  • 23 hours EU to Splash Billions on Battery Factories
  • 3 hours The Dirt on Clean Electric Cars
  • 41 mins Owning stocks long-term low risk?
  • 1 day The Balkans Are Coming Apart at the Seams Again
  • 7 hours Can “Renewables” Dent the World’s need for Electricity?
  • 2 days Uber IPO Proposals Value Company at $120 Billion
  • 2 days OPEC Is Struggling To Deliver On Increased Output Pledge
  • 2 days 47 Oil & Gas Projects Expected to Start in SE Asia between 2018 & 2025
  • 2 days A $2 Trillion Saudi Aramco IPO Keeps Getting Less Realistic
  • 2 days U.N. About Climate Change: World Must Take 'Unprecedented' Steps To Avert Worst Effects
Alt Text

What’s Next For Oil Prices?

Oil markets will continue to…

Alt Text

Goldman Sachs: Oil Unlikely To Reach $100

Goldman Sachs’ chief commodities analyst…

Alt Text

Goldman Sachs: This Is The Next Big Risk For Oil

Goldman Sachs commodities expert Jeffrey…

Dan Dicker

Dan Dicker

Dan Dicker is a 25 year veteran of the New York Mercantile Exchange where he traded crude oil, natural gas, unleaded gasoline and heating oil…

More Info

Trending Discussions

How To Play The OPEC Production Cut

We’ve been trying to leverage what we’re convinced will be a substantial OPEC accord on Wednesday, November 30th, and spent the last several columns outlining why we’ll see at least a six-month agreement to knock more than a million barrels a day of OPEC production off the market.

Now comes the time to find some stocks to play for the next week and going into the rest of the year. Here, I’ve tried to point people towards some of the Permian shale players, who are already the hottest of the oil companies: Cimarex Energy (XEC), Concho Resources (CXO) and Pioneer Natural Resources (PXD), to name three of the hottest.

But it is true that many of these have become almost TOO well regarded, leaving some others in the oil space as perhaps more interesting mid-term plays for the coming meeting and beyond. Let me suggest two names to you: Oasis petroleum (OAS), a leveraged Bakken oil company, and Noble Energy (NBL), an underestimated player who will benefit from their assets in the Niobrara shale.

These two names couldn’t be less like one another, but together they make a nice pair of oil companies. Let’s start with Oasis, the one that I had once included on my ‘walking dead’ list of oil companies, convinced that they’d be unlikely to make it out of the crude bust cycle without a restructuring.

Well, the bust cycle is hardly over, and I’m not yet entirely convinced that Oasis will make it. But I am…

To read the full article

Please sign up and become a premium OilPrice.com member to gain access to read the full article.

RegisterLogin

Trending Discussions





Oilprice - The No. 1 Source for Oil & Energy News