Penny oil stocks are coming to investors' attention as capital flows in and share prices quickly move upward.
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The Zacks Analyst Blog Highlights: DCP Midstream, Abraxas Petroleum, Matador Resources and NuStar Energy
DCP Midstream (DCP), Abraxas Petroleum (AXAS), Matador Resources (MTDR) and NuStar (NS) were up more than 10% yesterday with more gains ahead on a potential coronavirus treatment and revival in oil demand.
Lower production volumes and average realized prices of liquids and natural gas hurt Eni's (E) third-quarter earnings.
Although a decline in liquid and gas prices has hurt Equinor's (EQNR) third-quarter earnings, ramped-up production from U.K.'s new fields partially offsets the negative.
Higher margins from Chemical business in the United States aid ExxonMobil's (XOM) Q3 earnings, offset partially by lower oil-equivalent production volumes.
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Higher natural gas equivalent production volumes aid Antero's (AR) third-quarter earnings, partially negated by lower realized commodity prices.