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Old 06-21-2022, 11:31 AM
  #711  
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A Dozen Stocks to Play an Energy Sector Rebound: https://www.barrons.com/articles/a-d...nd-51655828660

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Old 06-21-2022, 01:40 PM
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Originally Posted by Trip7 View Post
A Dozen Stocks to Play an Energy Sector Rebound: https://www.barrons.com/articles/a-d...nd-51655828660

More Inflation defense ideas

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Can’t get through the paywall but I’m a fan of Pioneer Natural Resources (PXD). Sold half my shares at a double so playing with the house’s money now and collecting one of the highest yields in the S&P 500 (12+% with their base + variable dividend).
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Old 06-21-2022, 01:53 PM
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Originally Posted by Tranquility View Post
Can’t get through the paywall but I’m a fan of Pioneer Natural Resources (PXD). Sold half my shares at a double so playing with the house’s money now and collecting one of the highest yields in the S&P 500 (12+% with their base + variable dividend).
Devon Energy (DVN) is another one in that sector with both a fixed and variable dividend.
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Old 06-21-2022, 03:13 PM
  #714  
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Originally Posted by Tranquility View Post
Can’t get through the paywall but I’m a fan of Pioneer Natural Resources (PXD). Sold half my shares at a double so playing with the house’s money now and collecting one of the highest yields in the S&P 500 (12+% with their base + variable dividend).
Excellent move. Well done. Those are juicy dividends!

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Old 06-22-2022, 04:07 AM
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I mostly exited energy stocks a few months back. If I am reading everything correctly, covid reduced energy demand by only 15% and wr had negative oil trading. That tells me supply and demand is a very delicate balance. Anyone else seeing this Ukraine war blowing over and the markets ending up once again, flush with oil. Perhaps this is why oil companies are holding back exploration?
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Old 06-22-2022, 04:14 AM
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Originally Posted by JustNarced View Post
I mostly exited energy stocks a few months back. If I am reading everything correctly, covid reduced energy demand by only 15% and wr had negative oil trading. That tells me supply and demand is a very delicate balance. Anyone else seeing this Ukraine war blowing over and the markets ending up once again, flush with oil. Perhaps this is why oil companies are holding back exploration?
Almost the entire western world has halted purchasing oil from Russia. I don’t believe that ends when the Ukraine war ends. This is why oil is so high. Many more people chasing after way less oil. Oil companies aren’t voluntarily holding back exploration in the US, they’re being told they can’t. Perhaps that will change.
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Old 06-22-2022, 07:04 AM
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Originally Posted by marcal View Post
Almost the entire western world has halted purchasing oil from Russia. I don’t believe that ends when the Ukraine war ends. This is why oil is so high. Many more people chasing after way less oil. Oil companies aren’t voluntarily holding back exploration in the US, they’re being told they can’t. Perhaps that will change.
how far has US oil production fallen since Joe Biden was sworn in?
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Old 06-22-2022, 07:13 AM
  #718  
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Originally Posted by marcal View Post
Almost the entire western world has halted purchasing oil from Russia. I don’t believe that ends when the Ukraine war ends. This is why oil is so high. Many more people chasing after way less oil. Oil companies aren’t voluntarily holding back exploration in the US, they’re being told they can’t. Perhaps that will change.
Energy companies have been told by the Federal Government that there is a shelf life for the current energy production methodology. So it doesn’t benefit them to invest any more resources to it. Also, it wouldn’t have any immediate impact on energy prices in the next couple years. Increasing supply is a challenge.

The ironic thing about everyone beating the Green Energy drum is that the current situation is pushing European nations back towards coal. Far far worse for the environment.
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Old 06-22-2022, 07:21 AM
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Originally Posted by OOfff View Post
how far has US oil production fallen since Joe Biden was sworn in?
I’ll play, is it basically flat? More to the issue is that domestic oil companies aren’t/won’t invest to fix the global imbalance here because of regulation uncertainties. Did you read the article from the Chevron CEO yesterday? In no uncertain terms he called out this administration for being part of the problem and not part of the solution.
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Old 06-22-2022, 07:22 AM
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Originally Posted by chrisreedrules View Post
Energy companies have been told by the Federal Government that there is a shelf life for the current energy production methodology. So it doesn’t benefit them to invest any more resources to it. Also, it wouldn’t have any immediate impact on energy prices in the next couple years. Increasing supply is a challenge.

The ironic thing about everyone beating the Green Energy drum is that the current situation is pushing European nations back towards coal. Far far worse for the environment.
Often using coal bought from Russia.
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