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what is your favorite oil stock

3,099 Views | 32 Replies | Last: 2 yr ago by Oldmanriver
bicmitchum
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i own xle but looking for a llittle more pop on an inflation play.last time i was so sure of inflation i lost my ass.around 08 i think
jwright4288
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AG
Bought some XOM when it was around $40 (should have bought sooner) mainly for the dividend but it's nice seeing 40% gains on a dividend stock.

Also a fan on EPD and MMP. Both are pipeline companies with huge dividends that I believe are undervalued still. Do look at their debt ratios, can be a point of concern but it pretty standard for pipeline companies. Also you'll have to take into account what you think the trend for oil and gas will be.

I decided no matter how "green" people want to be oil ain't going anywhere anytime soon no matter how many times people say it is and still like oil & gas over the long term.
SMM48
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AG
Oih
Yordaddy
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AG
VLO
hunterntexas
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AG
Picking up HAL at $6.39 was nice.
Getting GUSH at $24.45 was better.
CheeseSndwch
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XOM - I jumped all over it at $32.00 back in 2020.
HtownAg92
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AG
Picked up APA at $16.43. Went up to over $23 and I missed, but still hovering at $21+.
YouBet
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AG
I own XOM and MMP.
12thMan9
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AG
The 7+% distribution from EPD sure is nice on the 5K shares I own. The almost 30% run up since last Fall when I bought hasn't hurt either.
Ronnie '88
Diggity
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AG
we all bought XOM at their 52 week lows...of course!
YouBet
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AG
Diggity said:

we all bought XOM at their 52 week lows...of course!
My cost basis is about $40.
Red Red Wine
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AG
FANG
CVX
OVV

Edit: OXY is around $25 and got hammered for the Anadarko deal, but I think it may have more "upside" left in it than the others.

FANG was a $125 stock before COVID. If oil hits $75, it won't matter which one you are in - you will make money.
PeekingDuck
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AG
Diggity said:

we all bought XOM at their 52 week lows...of course!
Hey, some of us were preaching on that XOM thread. OVV at ~2 was even better. They were caught in limbo between exchanges when it all went to *****
JSKolache
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AG
Pipelines. Most are still down at/below 2019 levels giving you upside room + they pay 6-7% divs.
ToddyHill
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AG
I bought two midstream operators about a year ago....EPD and MMP. At the time, EPD was paying about 10%, and MMP a little less than that. Their payouts are a little lower now that their stock prices have risen. That said, they were my only stocks that were up today.
12thMan9
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I think you mean yields are lower. EPD still paying $1.80/yr/sh distribution.

Most analysts following this have it as a buy w/a target of about $30/sh by year end. That might lead to a sale for me, pay the taxes & find another option. But I'm fine w/the yield as it stands now, passive income!
Ronnie '88
Barnyard96
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AG
jwright4288 said:

Bought some XOM when it was around $40 (should have bought sooner) mainly for the dividend but it's nice seeing 40% gains on a dividend stock.

Also a fan on EPD and MMP. Both are pipeline companies with huge dividends that I believe are undervalued still. Do look at their debt ratios, can be a point of concern but it pretty standard for pipeline companies. Also you'll have to take into account what you think the trend for oil and gas will be.

I decided no matter how "green" people want to be oil ain't going anywhere anytime soon no matter how many times people say it is and still like oil & gas over the long term.
Nice tips, thanks. Also, you cant manufacture green technology without materials manufactured from oil and gas.
fulshearAg96
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AG
EOG
FaceMask
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CVX last year at $50
ToddyHill
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AG
Thanks for clarifying what I should have said. Yes, the payout is the same but today's yield is slightly lower.
MoreCushing4thePushing
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AG
I bought USO the day futures were like -200% or something crazy last year. It's treated me well.
TheGroupGuy
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EOG
FANG
DVN
OVV
XEC
thisguy05
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AG
I agree on OXY. They're making progress paying their debt from the merger and you now own two companies for the price of one. I see lots of room to grow.
AgGrad99
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AG
RECAF

Bought last year and it's been a good winner for me.
ToddyHill
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AG
I bought OXY in the high teens, then sold it in the low teens when I thought it would drop to single digits. Obviously not a smart move on my part.
Red Red Wine
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I completely forgot my number one winner.

I bought in at 88 cents initially and boy do I wish I had bought 10K more shares back then.
AgGrad99
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Dude...you and me both. I wish I'd bought a lot more than I did.
Red Red Wine
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Don't feel too bad.

Ask me about Linn Energy some day when I'm drinking. Never ask me about it when I'm sober.
Ogre09
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AG
PSXP

They're at $36 with 9.7% yield. My target price for them is $55 based on pre-Covid pricing. Plenty of upside.
sts7049
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AG
RDS. but I'm biased
Fightin_Aggie
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Eog and cog

Considering vlo

The world needs mean tweets

My Pronouns Ultra and MAGA

Trump 2024
BlueTaze
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RIG
badharambe
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AG
surprised no one has mentioned TPL yet. i dont have any but really regret forgetting about it last year.

also, MUR is one I own that has not gotten mentioned yet.
Oldmanriver
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RIG,
Not buy and hold, but have done well selling the 7+% pops, then buying the next dip, usually a day or two later...look at the charts

OMR
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