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Why BofA Believes It's A Good Time To Buy ProFrac
Friday, June 10, 2022 - 12:13pm | 214ProFrac Holding Corp. (NASDAQ: PFHC) is well-positioned to benefit from a material rise in fracking profitability through year end and into 2023. The ProFrac Holding Analyst: BofA Securities' Chase Mulvehill initiated coverage of ProFrac with a Buy rating and a price target of $26. The Profrac...
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7 Dividend Stocks To Buy That Analysts Love: AT&T, Best Buy And More
Monday, May 23, 2022 - 5:49pm | 1055The S&P 500 has slumped to open 2022, and rising interest rates could further pressure stock valuations in coming months. Whether the market is up, down or sideways, dividends are one steady, reliable source of income for investors, but dividends are only as reliable as the companies that pay...
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6 High-Yield Dividend Stocks To Buy And Hold In A Volatile Market
Monday, May 16, 2022 - 2:13pm | 955During periods of stock market weakness, investors can still generate yield from high-quality dividend stocks. The Federal Reserve has already raised interest rates by 0.75% so far in 2022, but there are plenty of high-yield dividend stocks paying 6% or more at current prices. Not only could these...
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7 Best Energy Stocks To Buy With Over 6% Dividend Yields: Ecopetrol, Energy Transfer LP And More
Tuesday, May 3, 2022 - 1:59pm | 1037One of the only sectors of the market that is skyrocketing amid broad market weakness in 2022 is the energy sector. Oil, natural gas and coal prices have soared as the war in Ukraine combined with surging economic reopening demand has created an energy crisis around the world. Even after...
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6 S&P 500 Dividend Stocks To Buy With 4% Yields: AT&T, IBM And More
Tuesday, April 19, 2022 - 3:01pm | 884When the stock market is volatile and unpredictable, one of the few things investors can rely on is a quarterly dividend from a high-quality stock. The S&P 500 average dividend yield is currently 1.4%, but there are a handful of quality S&P 500 stocks with dividend yields above 4%....
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6 Of The Best Energy Stocks To Buy And Hold As Oil Prices Surge
Wednesday, March 2, 2022 - 2:29pm | 900WTI crude oil prices have surged to 11-year highs above $108 per barrel in March in the wake of the Russian invasion of Ukraine. The geopolitical instability has rattled financial markets, but the energy sector is soaring. On Wednesday, OPEC and its partners agreed to stick to a previous plan to...
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Oil And Gas Stocks Expected To Remain Strong: 5 Top Midstream Energy Stock Picks For 2022
Tuesday, January 11, 2022 - 4:27pm | 458Oil and gas stocks had a great year in 2021, and analysts expect the favorable energy market environment to continue in 2022. On Tuesday, Bank of America analyst Chase Mulvehill chose his five top stock picks for 2022 in the midstream oil and gas and MLP group. Gas Exports: Mulvehill said the...
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BofA Upgrades Patterson-UTI Energy After Q3 Beat
Tuesday, November 2, 2021 - 11:25am | 265Patterson-UTI Energy, Inc. (NASDAQ: PTEN) reported an earnings beat for the third quarter, while six of the 10 oilfield service (OFS) companies covered missed expectations, according to BofA Securities. The Patterson-UTI Energy Analyst: Chase Mulvehill upgraded the rating for Patterson-UTI...
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2 Top Midstream Oil & Gas Stock Picks To Play Right Now
Wednesday, September 29, 2021 - 9:12am | 427Crude oil prices hit their highest point in nearly three years on Tuesday as global demand rebounds and supply remains tight. Bank of America analyst Chase Mulvehill named Targa Resources Corp (NYSE: TRGP) and Energy Transfer LP Unit (NYSE: ET) his top two midstream oil and gas stock picks. Gas...
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BofA Names Halliburton Stock As Top Oil Services Pick After Earnings Beat
Tuesday, July 20, 2021 - 5:14pm | 295Following the company’s second-quarter earnings call, Bank of America maintained its bullish stance on Halliburton Company (NYSE: HAL). The Halliburton Analyst: Chase Mulvehill maintained a Buy rating on Halliburton with a $33 price target. The Halliburton Takeaways: Halliburton posted beats...
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3 Oil Services Stocks With The Most Exposure To Hydrogen Production
Monday, June 21, 2021 - 11:55am | 502As the global energy sector transitions from fossil fuels to clean energy in the next several decades, the companies servicing the oil and gas industry are also looking to transition their businesses from servicing oilfields to servicing clean energy operations. On Monday, Bank of America analyst...
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Why This Schlumberger Analyst Has 'Growing Confidence In An International Inflection'
Monday, January 25, 2021 - 3:32pm | 223Schlumberger NV (NYSE: SLB) is poised to benefit from rising international demand in the second half of 2021 and growing uncertainty around the regulatory environment for the U.S. oil and gas segment, according to BofA Securities. The Schlumberger Analyst: Chase Mulvehill upgraded ...
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BofA Downgrades Helmerich & Payne On Valuation
Monday, December 7, 2020 - 12:05pm | 225While the recovery in oilfield services has been to the upside, Helmerich & Payne's (NYSE: HP) stock valuation appears “stretched” even with a more optimistic U.S. rig count forecast for the near term, according to BofA Securities. The Helmerich & Payne Analyst: Chase...
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Analyst Upgrades Halliburton, Says Cost Cuts Will Increase Profitability Of Next Cycle
Tuesday, July 21, 2020 - 11:38am | 409Oil services stock Halliburton Company (NYSE: HAL) rallied on Monday after the company reported a second-quarter earnings beat, and one analyst saw enough to like in Halliburton’s report to upgrade the stock. The Halliburton Analyst: Bank of America analyst Chase Mulvehill upgraded...
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Analyst Upgrades Oil Services Stocks, Predicts 'Doubling Of US Rig Activity'
Thursday, May 28, 2020 - 10:30am | 595This year has been a historically brutal year for oil stocks, with a pricing war between Russia and Saudi Arabia coupled with COVID-19 travel restrictions pushing WTI crude oil prices briefly into negative territory for the first time in history. However, the oil market has since stabilized, and...