Monday morning’s analyst upgrades and downgrades included BP, Farfetch, Golden Ocean, Lyft, NexTier Oilfield Solutions, Nike, Spirit AeroSystems, TotalEnergies and Unilever.
Small-cap stocks to buy is our topic for today. Such companies typically have a market capitalization (cap) of $300 million to $2 billion. Seasoned investors allocate a portion of their long-term portfolios to small-caps as these names have the potential to grow significantly. Yes, sales figures at small-caps typically come under pressure during inflationary periods. In addition, they may see margin concerns. In fact, 2022 has so far proved a difficult year form many small-cap shares in the U.S. For instance, the closely followed gauge of small-cap stock performance, the Russell 2000 index has lost over 18% of its value year-to-date (YTD). As a result of the turbulence on Wall Street, a large number of investors are now looking at the iShares Russell 2000 ETF (NYSEARCA: IWM ), which offers better value for investing in a basket of small-cap securities. But investing in funds may not appeal to everyone. For those readers, here are the three small-cap growth stocks to buy in the final months of the year.
Major players in the coiled tubing market are Halliburton, Schlumberger, Baker Hughes, Weatherford International, Oceaneering International, Trican Well Services, Legend Energy Services, Superior energy services, Basic Energy Services, NexTier Oilfield Solutions, Global Tubing LLC, Webco Industries, Sanjel Corporation, and Pioneer Energy Services. Major players in the coiled tubing market are Halliburton, Schlumberger, Baker Hughes, Weatherford International, Oceaneering International, Trican Well Services, Legend Energy Services, Superior energy services, Basic Energy Services, NexTier Oilfield Solutions, Global Tubing LLC, Webco Industries, Sanjel Corporation, and Pioneer Energy Services.
HOUSTON, Sept. 01, 2022 (GLOBE NEWSWIRE) -- NexTier Oilfield Solutions Inc. (NYSE: NEX) (“NexTier”) and Seneca Resources Company, LLC (“Seneca”), the Exploration and Production segment of National Fuel Gas Company (NYSE: NFG), today announced the upcoming deployment of NexTier’s first electric Emerald fracturing system, a fully integrated electric fracturing fleet commencing in the first
US Shale Defy Calls To Boost Output As They Funnel Profits To Shareholders US shale is still acting with restraint in terms of production growth despite President Biden''s calls to increase supplies to squash energy prices that were driven up due to soaring demand, decarbonization efforts, lack of refinery capacity, limited spare capacity, and, of course, geopolitical uncertainty surrounding Russia''s invasion of Ukraine. ConocoPhillips, Pioneer Natural Resources, and Devon Energy recorded soaring profits in the second quarter, though many of these top shale oil and gas producers were reluctant to boost capital spending to increase output despite elevated prices for crude, according to Financial Times . Executives of these companies are under pressure from Wall Street to return record profits in the form of dividends and share buybacks to investors rather than increasing capital expenditures to boost production. It comes after years of burning cash and issuing equity to survive the multiple boom-bust cycles that paralyzed the shale industry.
US Frack Growth Constrained In "Perfect Storm" Last week, Halliburton Co.''s CEO Jeff Miller warned hydraulic fracturing equipment is in short supply and could hamper fracking growth. Another oil/gas executive echoed the same warning this week and said bottlenecks could persist through 2023. "Availability of frac fleets is one of main bottlenecks impeding oil and natural as production growth for the next 18 months," Robert Drummond, chief executive officer of fracking firm NexTier Oilfield Solutions, told Reuters . Besides supply chain snarls, Drummond warned that capital constraints would make adding equipment to fields challenging. He said this imbalance could take several years to correct, adding that NexTier has no plans to expand fracking capacity this year. This development is another setback for the Biden administration''s efforts to increase US oil production to ease the worst inflation in forty years ahead of the midterm elections in November. US crude production is around 11.6 million barrels per day, below the pre-pandemic 12.3 million bpd in 2019, the latest data from the Energy Information Administration show.
Gainers: RPC (RES) +17%. Vista Energy (VIST) +13%. NexTier Oilfield Solutions (NEX) +11%. Losers: The Sherwin-Williams (SHW) -9%. Battalion Oil (BATL) -9%. ICL Group (ICL) -6%.
Major players in the hydraulic fracturing market are Halliburton, Schlumberger, Baker Hughes, NexTier Oilfield Solutions, Calfrac Well Service, Trican Well Service, Nine Energy Services, FTS International, U. Major players in the hydraulic fracturing market are Halliburton, Schlumberger, Baker Hughes, NexTier Oilfield Solutions, Calfrac Well Service, Trican Well Service, Nine Energy Services, FTS International, U.
These energy sector stocks fell hard as the price of oil declined on the twin possibilities of softening demand and increased supply.
Friday''s top analyst upgrades and downgrades included Acadia Pharmaceuticals, Accenture, Amgen, AutoZone, Azek, Boeing, Dollar General, Etsy, Fidelity National Information Services, FedEx, NexTier Oilfield Solutions, S&P Global, Unity Software and Warner Bros. Discovery.