Tag Archives: RRC

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>>>

Hot Oil Stocks To Own Right Now

September is the cruelest month of the year for investors, Jim Cramer reminded his Mad Money viewers Monday. That's why the prudent thing to do is get ahead of the masses and raise cash now.

Last week, Cramer checked in with colleague Larry Williams, who noted that September 17th is historically the high point of the month, with market-wide declines likely thereafter. In the meantime, we're likely to see a rotating cast of market leaders, few with any staying power.

Today, we saw gains in the oil patch, with stocks like Occidental Petroleum  (OXY) – Get....More>>>