For this year, SUN has witnessed upward earnings estimate revisions in the past 30 days.Įni is a leading integrated energy player. Sunoco, a distributor of motor fuel to approximately 10,000 convenience stores, has a stable business model. It generates stable fee-based revenues from its extensive pipeline network that spreads across more than 50,000 miles, transporting natural gas, natural gas liquids, crude oil petrochemicals and refined products. You can see the complete list of today’s Zacks #1 Rank stocks here.Įnterprise Products has a stable business model and is not significantly exposed to the volatility in oil and gas prices. While Enterprise Products and Sunoco sport a Zacks Rank #1 (Strong Buy), Eni carries a Zacks Rank #2 (Buy). Stocks to Considerīetter-ranked players in the energy space include Enterprise Products Partners EPD, Sunoco LP SUN and Eni SpA E. Also, WHD has significant exposure to heightened volatility in oil and gas prices. However, rising costs and expenses are hurting Cactus’ bottom line. Over the years, the firm, carrying a Zacks Rank #3 (Hold), has reported a solid margin profile. In the United States, Cactus has a strong onshore wellhead market share. WHD’s highly engineered products are used for onshore unconventional oil and gas wells. Increased investments and activities from upstream firms will also lead to higher demand for engineered wellhead, pressure control and spoolable pipe technologies, which is a boon from Cactus. The positive trajectory in oil price is a boon for upstream operations like exploration and production activities. The price of West Texas Intermediate crude is currently trading at more than the $70-per-barrel mark. The Zacks Consensus Estimate of earnings for 20 are pegged at $2.34 and $2.70 per share, respectively. WHD has witnessed no earnings estimate revisions for 20 in the past seven days.
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