Five oil company shares for your 2019 ISA

TL;DR

Oil prices fluctuated, BP's stocks rose, & ENP companies show potential for growth in various regions.

Transcript

well after some peaks of over $80.00 the end of last year and about October it it really plunged during the latter part of the year to levels you know the $55 mark and it's it's subsequently recovered again because of the OPEC cuts that we saw in January about 1.2 million barrels was cut from OPEC and Russian production and it's it's really kind of... Read More

Key Insights

• 💇 Oil prices fluctuated due to OPEC cuts and Russian production cuts, prompting investor attention.
• 😮 BP's stock prices rose on strong cash flow, frozen dividend yield, and upcoming divestments strengthening their case.
• 🎯 ENP companies like President Energy exceeded production targets, showcasing potential for growth.
• 📡 Sun Leone Energy returning $30 million to shareholders and active drilling programs signal positive growth.
• 🥺 Small ENP companies like Cliff Natural Resources securing partnerships, potentially leading to exploration opportunities.
• 🤩 Real Bull Resources invest in oil and gas assets, focusing on key stages to make a significant difference in operations.
• 🇷🇴 Real Bull Resources have successful well results in California and upcoming appraisal programs in Romania and onshore UK, highlighting growth potential.

Questions & Answers

Q: What caused the fluctuation in oil prices mentioned in the video?

The fluctuation in oil prices was primarily influenced by OPEC cuts in production and Russian production cuts, stabilizing oil prices.

Q: How did BP's stock prices recover, and what factors contributed to their yield?

BP's stock prices recovered on the back of oil price increases, while their strong cash flow and frozen dividend yield of over five and a half percent made them appealing to investors.

Q: Can you explain the positive news and potential growth prospects for President Energy?

President Energy exceeded production targets and announced a placing to fund operations in Argentina, showing positive growth potential in the ENP sector.

Q: What are some key investments and areas of focus for Real Bull Resources?

Real Bull Resources invests in oil and gas assets, particularly focusing on the appraisal stage, highlighted by successful well results in California and upcoming programs in Romania and onshore UK.

Summary & Key Takeaways

• Oil prices saw fluctuations due to OPEC cuts, BP's share prices increased on strong cash flow and dividends.

• ENP companies like President Energy and Sun Leone Energy show potential growth with exceeding production targets and shareholder returns.

• Smaller ENP companies like Cliff Natural Resources and Real Bull Resources showcase partnership and investment potential.