Tag Archives: MRO

Best Oil Stocks To Watch For 2023

By Joe Hoppe

United Oil & Gas PLC shares fell Monday after it said it has lowered its full-year production guidance for the Abu Sennan license in Egypt, as the proportion of water to oil increased in one field.

Shares at 0714 GMT were down 0.48 pence, or 14%, at 2.85 pence.

The oil-and-gas company said it has lowered full-year guidance for the license to a range of 2,100-2,300 barrels of oil equivalent per day, from 2,500-2700 barrels.

The company said the ASH field–one of seven on the license–has had an increased proportion of water to oil being....More>>>

Top Oil Stocks For 2023

Tourmaline Oil Corp. (OTCMKTS:TRMLF) has been given an average recommendation of “Buy” by the ten ratings firms that are covering the company, MarketBeat Ratings reports. Nine equities research analysts have rated the stock with a buy recommendation and one has issued a strong buy recommendation on the company. The average 1-year price objective among brokerages that have updated their coverage on the stock in the last year is $46.53.

A number of analysts have recently issued reports on TRMLF shares. Canaccord Genuity boosted their price objective on Tourmaline Oil from....More>>>