The market�is trading on a�negative�note this Wednesday afternoon, with the Nifty down 21 points at 10,514 and the Sensex down�19 points at 34,631.
Nifty IT was up close to 1 percent led by Tech Mahindra, KPIT Tech, Mindtree and Tata Elxsi.
The Bank Nifty�is�marginally in the green led by State Bank of India, Bank of Baroda,�ICICI Bank, Canara Bank and Punjab National Bank.
Oil & gas stocks including names like HPCL and BPCL were trading lower by 5 percent while Indian Oil Corporation and�Oil and Natural Gas Corporation�were the other losers.
related news Motherson Sumi Systems falls 6% after Q4 earnings miss analyst estimates Bajaj Electricals gains 6% despite 81% fall in Q4 net profit Rs 7.3 crAmong the FMCG names, Britannia Industries, Emami, Godrej Consumer and Jubilant Foodworks were the top performers.
Top 5 Oil Stocks To Invest In 2018: Magellan Midstream Partners L.P.(MMP)
Advisors' Opinion:- [By Reuben Gregg Brewer]
To put a number on its distribution growth, Phillips 66 Partners has increased its disbursement for 16 consecutive quarters (every quarter since its IPO) at a compound annual growth rate of 31%. That's roughly the target it laid out for its first five years as a public entity. That is, of course, off of a low starting base. The year-over-year increase in the first-quarter distribution was around 20% -- still a very impressive number when peers like Enterprise and Magellan Midstream Partners�(NYSE:MMP) are offering up mid-to-high single-digit increases. (Kinder Morgan's dividend growth will be huge in the coming years, but that's a function of increasing the dividend after a painful cut.)� �
- [By Tyler Crowe]
Oil and gas investors have been through the wringer over the past few years. Even the most stable investments in this industry -- pipelines, processing, and logistics -- haven't been spared. Case in point: Shares of Magellan Midstream Partners (NYSE:MMP) have declined 18% over the past three years despite the company posting consistent revenue and cash flow growth. To top it off, there has been a slew of regulatory and tax changes in recent months that will have a significant impact on this particular industry.
- [By Danny Vena, Timothy Green, and Reuben Gregg Brewer]
With that in mind, we asked three Motley Fool investors to choose companies they believed would help baby boomers reach their goals. They offered convincing arguments for Magellan Midstream Partners, L.P. (NYSE:MMP), General Motors Company (NYSE:GM), and Amazon.com, Inc. (NASDAQ:AMZN).
- [By Matthew DiLallo]
Over the past five years, Magellan Midstream Partners (NYSE:MMP) has generated a total return of nearly 70%. That's quite impressive considering that most master limited partnerships (MLPs) have lost value over that timeframe. One of the reasons the company has delivered such strong total returns is that it has steadily increased its payout even as rivals have either stopped raising their distribution, or cut it. Magellan has avoided this fate by investing within its means instead of stretching to grow at a faster pace.
Top 5 Oil Stocks To Invest In 2018: ConocoPhillips(COP)
Advisors' Opinion:- [By Max Byerly]
ConocoPhillips (NYSE:COP) SVP Janet Langford Kelly sold 59,389 shares of the firm’s stock in a transaction dated Thursday, May 3rd. The shares were sold at an average price of $65.95, for a total value of $3,916,704.55. Following the completion of the transaction, the senior vice president now directly owns 100,600 shares in the company, valued at $6,634,570. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website.
- [By Matthew DiLallo]
Last fall, ConocoPhillips (NYSE:COP) outlined its three-year operating plan, anticipating that it could increase production at a 5% compound annual growth rate assuming oil averaged $50 a barrel. While the return to a growth trajectory was nice to see, its forecast paled in comparison to rivals like EOG Resources (NYSE:EOG) and Anadarko Petroleum (NYSE:APC), which both project double-digit oil production growth rates over the next few years.
- [By Matthew DiLallo]
Oil prices have been on fire over the past year and recently topped $70 a barrel, which is the highest crude has been since late 2014. That rally in the oil market has helped fuel big-time gains in many oil stocks. Three that stand out are Anadarko Petroleum (NYSE:APC), Hess (NYSE:HES), and ConocoPhillips (NYSE:COP) because each has risen more than 20% this year. They might still have additional upside from here given that all three plan on spending billions of dollars to buy back more of their stock.
- [By Ethan Ryder]
Whittier Trust Co. grew its holdings in ConocoPhillips (NYSE:COP) by 15.8% in the first quarter, HoldingsChannel reports. The institutional investor owned 11,978 shares of the energy producer’s stock after acquiring an additional 1,635 shares during the period. Whittier Trust Co.’s holdings in ConocoPhillips were worth $710,000 at the end of the most recent reporting period.
- [By Reuben Gregg Brewer]
Investors in search of dividend income will quickly notice that ExxonMobil Corporation's (NYSE:XOM) 3.9% yield dwarfs the 1.8% dividend yield offered by ConocoPhillips (NYSE:COP). That, however, isn't the biggest reason dividend investors should prefer Exxon stock. Here's what you need to know to understand why Exxon is a better dividend stock than ConocoPhillips.�
- [By Alexander Bird]
From 2016 to 2017, Exxon Mobil Corp. (NYSE: XOM) saw a 16% boost in profits, while Chevron Corp. (NYSE: CVX) saw a 30% boost. Texas-based ConocoPhillips Corp. (NYSE: COP) saw a strong 37.5% boost.
Top 5 Oil Stocks To Invest In 2018: Marathon Oil Corporation(MRO)
Advisors' Opinion:- [By Logan Wallace]
Marathon Oil (NYSE:MRO) gapped down before the market opened on Thursday . The stock had previously closed at $22.09, but opened at $21.63. Marathon Oil shares last traded at $21.47, with a volume of 12430818 shares traded.
- [By Matthew DiLallo]
Saudi Aramco's valuation, however, isn't the only one that would benefit from a pop in the price of crude. Many oil producers in the U.S. restructured their operations to run on $50 oil, so if the Saudi strategy is successful, these oil companies would produce a gusher of cash flow, which could fuel high-octane gains for investors. While that rise would likely lift the entire sector, Devon Energy (NYSE:DVN) and Marathon Oil (NYSE:MRO)�could outperform in that scenario.
- [By Matthew DiLallo]
The company's Powder River Basin�assets also generated strong drilling results, with several wells topping 1,000 BOE/D. Finally, while the company did drill four wells in the Bakken, it has deferred completing them until later this year. That program is one to keep an eye on given the results Marathon Oil (NYSE:MRO) delivered last quarter, when it completed record-setting wells in the Three Forks and Middle Bakken formations.
- [By Chris Lange]
The S&P 500 stock posting the largest daily percentage loss ahead of the close was Marathon Oil Corp. (NYSE: MRO) which traded down over 5% at $19.99. The stock��s 52-week range is $10.55 to $22.12. Volume was over 17 million compared to the daily average volume of 12.8 million.
- [By Matthew DiLallo]
Marathon Oil (NYSE:MRO) is another oil company built to thrive at lower oil prices. At $50 oil, Marathon can generate enough cash to grow production at a 10% to 14% annual pace for the next several years while living within cash flow. At $60 oil, Marathon's plan would generate about $500 million in free cash flow. With oil above that level even after the recent OPEC chatter, Marathon is on pace to produce a windfall of excess cash this year.�
Top 5 Oil Stocks To Invest In 2018: Williams Partners L.P.(WPZ)
Advisors' Opinion:- [By Logan Wallace]
Williams Partners (NYSE: WPZ) and Targa Resources (NYSE:TRGP) are both large-cap oils/energy companies, but which is the better stock? We will compare the two companies based on the strength of their risk, dividends, institutional ownership, earnings, analyst recommendations, profitability and valuation.
- [By Dan Caplinger]
The stock market stayed in a pretty narrow range on Thursday, climbing early in the session but then slowly drifting lower through the afternoon hours. In the absence of major news, investors largely looked forward to key events like trade negotiations among the world's largest economies. Other financial markets saw mixed moves as well, with 10-year Treasury yields climbing above 3.1% while oil prices stayed comfortably above $70 per barrel. Despite the quiet day, some companies had good news that pushed their shares sharply higher. World Wrestling Entertainment (NYSE:WWE), Chesapeake Energy (NYSE:CHK), and Williams Partners (NYSE:WPZ) were among the best performers on the day. Below, we'll look more closely at these stocks to tell you why they did so well.
- [By Shane Hupp]
Get a free copy of the Zacks research report on Williams Partners (WPZ)
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- [By Lisa Levin] Gainers Carver Bancorp, Inc. (NASDAQ: CARV) shares jumped 92.1 percent to $7.01. iPic Entertainment Inc. (NASDAQ: IPIC) gained 21.6 percent to $9.73. Baozun Inc. (NASDAQ: BZUN) shares jumped 18.7 percent to $53.49 after reporting Q1 results. World Wrestling Entertainment, Inc. (NYSE: WWE) shares jumped 15.9 percent to $50.50. The company's "Smackdown Live" may not be renewed at NBCUniversal network and the company's "Monday Night Raw" program could be worth three times its current value elsewhere, according to a report for The Hollywood Reporter. Spectrum Pharmaceuticals, Inc. (NASDAQ: SPPI) gained 14.7 percent to $ 20.46 after the company issued further details on Phase 3 ADVANCE study of ROLONTIS. Motus GI Holdings, Inc. (NASDAQ: MOTS) climbed 13.4 percent to $5.5009. Endocyte, Inc. (NASDAQ: ECYT) rose 13.3 percent to $ 14.23 after the company announced presentation of Phase 2 data from prostate cancer trial of 177Lu-PSMA-617 at the 2018 ASCO Annual Meeting. Diana Containerships Inc. (NASDAQ: DCIX) gained 12.9 percent to $1.7499 after the company announced the sale of Post-Panamax Container Vessel for $21 million. Essendant Inc. (NASDAQ: ESND) gained 12.7 percent to $12.43. Essendant confirmed receipt of unsolicited proposal from Staples of $11.50 per share in cash. Blink Charging Co (NASDAQ: BLNK) rose 11.8 percent to $8.04 after surging 31.68 percent on Wednesday. OptimumBank Holdings, Inc. (NASDAQ: OPHC) gained 11.5 percent to $5.15. Flotek Industries, Inc. (NYSE: FTK) shares climbed 10.7 percent to $3.74. Farmer Bros. Co. (NASDAQ: FARM) rose 7.9 percent to $25.95 after climbing 7.90 percent on Wednesday. Minerva Neurosciences Inc (NASDAQ: NERV) rose 6.5 percent to $6.93 after Journal of Clinical Psychiatry published positive results of cognitive performance from Phase 2B trial of roluperidone in schizophrenia patients. Williams Partners L.P. (NYSE: WPZ) rose 5.6 percent to $40
Top 5 Oil Stocks To Invest In 2018: Transocean Inc.(RIG)
Advisors' Opinion:- [By Ethan Ryder]
D.B. Root & Company LLC acquired a new position in shares of Transocean (NYSE:RIG) during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund acquired 30,040 shares of the offshore drilling services provider’s stock, valued at approximately $297,000.
- [By Tyler Crowe, Matthew DiLallo, and Reuben Gregg Brewer]
While we aren't prognosticators on crude oil prices, there does appear to be a lot�of value in the energy sector at this price level. So we asked three Motley Fool investors to highlight a stock in the sector they like this month. Here's why they picked Enterprise Products Partners (NYSE:EPD), Enbridge (NYSE:ENB), and Transocean (NYSE:RIG).�
- [By Jason Hall]
So what's an investor to do? Owning the companies best-positioned to profit is a great place to start. Consider two of Big Oil's finest in�Royal Dutch Shell plc (ADR)�(NYSE:RDS-A)(NYSE:RDS-B)�and�Total SA (ADR)�(NYSE:TOT), offshore driller�Transocean LTD�(NYSE:RIG) and natural gas for transportation specialist�Clean Energy Fuels Corp�(NASDAQ:CLNE).
- [By Joseph Griffin]
Get a free copy of the Zacks research report on Transocean (RIG)
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First Hawaiian Bank (NASDAQ:FHB) was upgraded by Bank of America from a “neutral” rating to a “buy” rating in a note issued to investors on Thursday, MarketBeat reports. The firm currently has a $35.00 price objective on the bank’s stock, up from their prior price objective of $34.00. Bank of America’s price target would indicate a potential upside of 18.24% from the stock’s previous close.