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ALERTS, HOT STOCKS & CHARTS
(Total Views: 164)
Posted On: 11/02/2021 3:58:39 PM
Post# of 145134
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Posted By: Jack_Bauer_Investing
$AGYP ~ Oil prices are currently rising at an incredible rate, and are unlikely to slow down according to several analysts. This week Bank of America noted in Bloomberg that Brent crude benchmark will hit $120 per barrel by the end of June 2022. This came after news that some industries have started to use oil instead of high-priced gas for their fuel needs. Most experts have not factored this into their pricing models, so at this point, going from around $85 a barrel to over $100 isn’t just an oil tycoon’s fantasy anymore.

$100 Oil, Broken Supply Chain, and Why Texas May Be The Answer
https://topnewsguide.com/2021/11/02/100-oil-b...he-answer/

Some Permian oil producers who may benefit from this increased need for domestic oil include (listed alphabetically):

- Allied Energy Corp. (OTCMKTS: AGYP)
- Apache Corp. (Nasdaq: APA)
- Callon Petroleum (NYSE: CPE)
- Centennial Resource Development (Nasdaq: CDEV)
- Chevron (NYSE: CVX)
- Devon Energy Corporation (NYSE: DVN)
- EOG Resources (NYSE: EOG)
- ExxonMobil (NYSE: XOM)
- Occidental Petroleum (NYSE: OXY)
- Ovintiv (NYSE: OVV)
- Pioneer Natural Resources (NYSE: PXD)

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