peshkov/iStock via Getty Images Riley Exploration Permian ( REPX ) is a company that focuses on oil and gas exploration in the Permian Basin. The company was formed from a reverse merger in 2020. In this article, in addition to its full name, I will refer to the company as "Riley Permian" or simply "Riley." Riley Permian is a small-cap stock with a current market cap of ~$650 million. Near the tim...
peshkov/iStock via Getty Images Riley Exploration Permian ( REPX ) is a company that focuses on oil and gas exploration in the Permian Basin. The company was formed from a reverse merger in 2020. In this article, in addition to its full name, I will refer to the company as "Riley Permian" or simply "Riley." Riley Permian is a small-cap stock with a current market cap of ~$650 million. Near the time of writing this, it is only about one week removed from a United States-Israel-Iran war breaking out on Feb. 28, and oil prices have risen from the mid-$60s to over $90 per barrel. Less than one year ago, there was another strike on Iran, now called the 12-day war. This conflict was brief and quickly faded from investors’ attention. And oil prices responded in kind. This time, it seems that oil stocks expect something similar. That's because while oil has risen aggressively, oil stocks have yet to respond. Exxon Mobil ( XOM ), for example, was trading near $150 per share both before and after the bombing. Perhaps investors recognize that international oil companies like an Exxon will face logistical challenges at the pivotal Strait of Hormuz. That may be true, but smaller, domestic stocks have also behaved stagnantly. Perhaps the market expects this conflict to end quickly. Since we are only a week into it, it is hard to tell, but my instincts tell me this is going to go on much longer than we are being told, and yes, perhaps longer than the market expects. Overview Given that this has the potential to turn into an expansive global conflict, investors might be wise to steer away from the oil majors—Exxon, Chevron ( CVX ), etc. In my opinion, investors should be looking at domestic oil companies. And if you want to narrow the scope further, investors might first look at companies that are more focused in the Permian Basin. There are different areas in the United States that oil investors can focus on, but the Permian Basin region produces some of the highest rate of return...
Apple (AAPL +1.05%) should almost always be a consideration when looking for a company to invest in. But when exactly is the right time to buy Apple stock? The beloved tech giant recently held a March event to unveil a range of new products. New product announcements are a frequent occurrence for Apple. However, it showcased an exciting new growth catalyst that may justify adding shares now. Here ...
Apple (AAPL +1.05%) should almost always be a consideration when looking for a company to invest in. But when exactly is the right time to buy Apple stock? The beloved tech giant recently held a March event to unveil a range of new products. New product announcements are a frequent occurrence for Apple. However, it showcased an exciting new growth catalyst that may justify adding shares now. Here is what you need to know. Apple is going after new customer segments, an exciting development The March event included several product announcements, and among them was the new MacBook Neo. While Apple offers a wide range of iPhones to appeal to consumers of various budgets, the Mac and MacBook brands have long targeted higher spenders. The new MacBook Neo starts at $599, approximately $500 cheaper than the cheapest MacBook Air. It effectively expands Apple's addressable market in the computer space, and the entry-level segment is a massive piece of the pie. According to data from Computer Intelligence, roughly 27% of retail PCs sold in the United States cost $1,000 or less, so sitting hundreds of dollars below that threshold should give Apple a great opportunity to capture a lot of new customers who may have wanted a MacBook but never could or wanted to spend the money for it. Apple's total hardware sales exceeded $305 billion in 2025. Mac products were only about one-tenth of that. If Apple successfully breaches the low-end computer market, it could represent a sizable boost to its Mac sales. Expand NASDAQ : AAPL Apple Today's Change ( 1.05 %) $ 2.71 Current Price $ 260.17 Key Data Points Market Cap $3.8T Day's Range $ 253.71 - $ 261.15 52wk Range $ 169.21 - $ 288.62 Volume 1.8M Avg Vol 48M Gross Margin 47.33 % Dividend Yield 0.40 % A world-class business at a fair valuation To be fair to prospective stock buyers, Apple is more expensive today after surging nearly 70% over the past few years. But that doesn't mean investors shouldn't buy the stock. Apple currently trades ...
UBS' Adrian Zuercher says the global macroeconomic impact of the Middle East crisis is "very small" but the "transmission is through energy prices." (Source: Bloomberg)
UBS' Adrian Zuercher says the global macroeconomic impact of the Middle East crisis is "very small" but the "transmission is through energy prices." (Source: Bloomberg)
Hong Kong stocks rose and crude oil fell on Tuesday after US President Donald Trump signalled that the Iran war might be nearing an end. The Hang Seng Index rose 1.5 per cent to 25,799.39 as of 9.37am. The Hang Seng Tech Index surged 1.7 per cent. On the mainland, the CSI 300 Index rose 0.9 per cent and the Shanghai Composite Index edged up 0.2 per cent. On Monday, Trump said that the US objective...
Hong Kong stocks rose and crude oil fell on Tuesday after US President Donald Trump signalled that the Iran war might be nearing an end. The Hang Seng Index rose 1.5 per cent to 25,799.39 as of 9.37am. The Hang Seng Tech Index surged 1.7 per cent. On the mainland, the CSI 300 Index rose 0.9 per cent and the Shanghai Composite Index edged up 0.2 per cent. On Monday, Trump said that the US objectives in Iran were “pretty well complete” and the war would end soon. “We took a little excursion” to the Middle East “to get rid of some evil. And, I think you’ll see it’s going to be a short-term excursion.” Advertisement However, he hinted that the worst fighting could still be ahead if Iran attempted to stop global oil supplies. Brent crude oil fell more than 10 per cent to about US$88 a barrel after shooting past US$110 on Monday and West Texas Intermediate also fell at a similar pace to about US$86 a barrel. Advertisement China’s stronger-than-expected year-on-year consumer price growth of 0.8 per cent during the January-February period, released by the National Bureau of Statistics on Monday, supported sentiment.
If you're looking for stocks that can provide you with decades of passive income, there is no better place to look than the energy midstream space. Pipeline master limited partners (MLPs) are pass-through entities set up to pay no corporate taxes in return for sending back much of their cash flow to stockholders in the form of distributions. While MLPs have some additional paperwork come tax time,...
If you're looking for stocks that can provide you with decades of passive income, there is no better place to look than the energy midstream space. Pipeline master limited partners (MLPs) are pass-through entities set up to pay no corporate taxes in return for sending back much of their cash flow to stockholders in the form of distributions. While MLPs have some additional paperwork come tax time, their distributions have the added benefit of being mostly taxed-deferred until the stocks are sold. Let's look at three great midstream stocks to buy that can give you passive income for the next decade. Energy Transfer Expand NYSE : ET Energy Transfer Today's Change ( -0.80 %) $ -0.15 Current Price $ 18.59 Key Data Points Market Cap $64B Day's Range $ 18.44 - $ 18.80 52wk Range $ 14.60 - $ 19.30 Volume 16M Avg Vol 15M Gross Margin 12.27 % Dividend Yield 7.07 % Energy Transfer (ET 0.80%) sports a 7.1% yield with plans to increase its distribution at a 3% to 5% pace moving forward. The company has one of the largest midstream footprints in the U.S., with much of its business coming from fee-based operations, helping create solid visibility. After getting a bit over its skis with debt during the pandemic and having to slash its distribution, the company was able to quickly improve its balance sheet and return its distribution to prior levels -- and its distribution now sits well above the level before it cut it. Meanwhile, Energy Transfer is back in growth mode, as the company has a growing number of growth projects tied to natural gas demand, which is being boosted by AI data center consumption. With a cheap stock valuation, well-covered distribution (nearly 1.8 times last quarter), and a strong growth pipeline, Energy Transfer is a stock you can buy and hold for strong passive income generation over the next decade and beyond. Enterprise Products Partners Expand NYSE : EPD Enterprise Products Partners Today's Change ( -1.28 %) $ -0.48 Current Price $ 37.09 Key Data Points...