5 Energy Companies to Consider as Oil Prices Remain on Shaky Ground
GuruFocus.com
Fri, October 2, 2020, 9:05 PM GMT+2
- By Sydnee Gatewood
Hindered by a decrease in global travel and an economy that is still trying to recover from the coronavirus pandemic, oil prices are expected to continue to struggle going into the final quarter of the year.
CNBC reported that analysts forecast the prices of Brent and West Texas Intermediate crude should increase to the low to mid-$40s per barrel over the next several months, but there is still potential for another drop as demand isn't picking up as quickly as previously anticipated......
....As of Oct. 2, the GuruFocus All-in-One Screener, a Premium feature, found energy companies that were significantly undervalued, had a price-to-GF value between 0.4 and 0.8 and a predictability rank of at least one out of five stars were ConocoPhillips (NYSE:COP), EOG Resources Inc. (NYSE:EOG), HollyFrontier Corp. (NYSE:HFC), Pioneer Natural Resources Co. (NYSE:PXD) and Valero Energy Corp. (NYSE:VLO).
According to GuruFocus' Industry Overview, two of these companies, ConocoPhillips and EOG Resources, are among the top 10 largest players in the space at 4.2% and 2.5%.
https://finance.yahoo.com/news/5-energy-...06233.html
Exxon Mobil Corp. (NYSE:XOM)
ConocoPhillips (NYSE:COP)
EOG Resources Inc. (NYSE:EOG)
HollyFrontier Corp. (NYSE:HFC)
Pioneer Natural Resources Co. (NYSE:PXD)
Valero Energy Corp. (NYSE:VLO)
GuruFocus.com
Fri, October 2, 2020, 9:05 PM GMT+2
- By Sydnee Gatewood
Hindered by a decrease in global travel and an economy that is still trying to recover from the coronavirus pandemic, oil prices are expected to continue to struggle going into the final quarter of the year.
CNBC reported that analysts forecast the prices of Brent and West Texas Intermediate crude should increase to the low to mid-$40s per barrel over the next several months, but there is still potential for another drop as demand isn't picking up as quickly as previously anticipated......
....As of Oct. 2, the GuruFocus All-in-One Screener, a Premium feature, found energy companies that were significantly undervalued, had a price-to-GF value between 0.4 and 0.8 and a predictability rank of at least one out of five stars were ConocoPhillips (NYSE:COP), EOG Resources Inc. (NYSE:EOG), HollyFrontier Corp. (NYSE:HFC), Pioneer Natural Resources Co. (NYSE:PXD) and Valero Energy Corp. (NYSE:VLO).
According to GuruFocus' Industry Overview, two of these companies, ConocoPhillips and EOG Resources, are among the top 10 largest players in the space at 4.2% and 2.5%.
https://finance.yahoo.com/news/5-energy-...06233.html
Exxon Mobil Corp. (NYSE:XOM)
ConocoPhillips (NYSE:COP)
EOG Resources Inc. (NYSE:EOG)
HollyFrontier Corp. (NYSE:HFC)
Pioneer Natural Resources Co. (NYSE:PXD)
Valero Energy Corp. (NYSE:VLO)
__________________