$AGYP ~ Oil stock on strong watch! >> Oil Stock
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Posted On: 09/29/2021 8:23:10 AM
$AGYP ~ Oil stock on strong watch! >>
Oil Stocks Benefit From Rising Prices
https://topnewsguide.com/2021/09/27/oil-stock...ng-prices/
With this surge in price, it is an ideal time to look at oil and gas stocks that can benefit from these prices.
A few on our watchlist this week include: Magnolia Oil & Gas Corporation (NYSE:MGY), Whiting Petroleum Corporation (NYSE:WLL), Matador Resources Company (NYSE:MTDR), Allied Energy Corp. (OTCMKTS:AGYP) , Devon Energy Corporation (NYSE
VN), Marathon Oil (NYSE:MRO), and EOG Resources (NYSE:EOG).
With oil refining companies getting back to operations after getting hit by Hurricane Ida, and the world getting back to its normal activities boosted by a massive vaccination rollout, demand could continue to rise. As it currently stands the supply will not be able to meet this demand because many upstream companies slowed their drilling efforts and focused on shareholder returns.
Oil Stocks Benefit From Rising Prices
https://topnewsguide.com/2021/09/27/oil-stock...ng-prices/
With this surge in price, it is an ideal time to look at oil and gas stocks that can benefit from these prices.
A few on our watchlist this week include: Magnolia Oil & Gas Corporation (NYSE:MGY), Whiting Petroleum Corporation (NYSE:WLL), Matador Resources Company (NYSE:MTDR), Allied Energy Corp. (OTCMKTS:AGYP) , Devon Energy Corporation (NYSE
VN), Marathon Oil (NYSE:MRO), and EOG Resources (NYSE:EOG). With oil refining companies getting back to operations after getting hit by Hurricane Ida, and the world getting back to its normal activities boosted by a massive vaccination rollout, demand could continue to rise. As it currently stands the supply will not be able to meet this demand because many upstream companies slowed their drilling efforts and focused on shareholder returns.
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