Crude oil has been making steady 5% gains daily

What are you still waiting for? If you wanna make it, buy MRO, XOM, HAL, COP

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buy signal on MRO was triggered, get in

If no more national lockdowns are enforced, oil should be back to 50 a barrel by the end of summer. Then with all of the production cuts it might moon back to 100 as energy demand increases for winter heating

Agreed. What's your guys top pick or does that even matter?

MRO for potential 300% gains if holding long. XOM, MPC, RDS, and HAL for long term dividends.

I would say you're too late, desu.

I would say you're too late, desu.

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OP missed the bottom, but definitely not too late most of them are still 50% off. Wouldn't wait much longer if you are planning to make a move.

I wish i gotten into HAL when it was about 6 bucks but I knew nothing about them. now it doubled. fuck me.

Don't listen to this guy Too late to hit 2x-3x your initial investment by holding a year or so?

SLB is @ 18 right now, with a fair value set by analysts at 48. MRO as user said, possible 300% if lucky. Most likely 200%.

HAL and MPC also good choices

don't be like this guy a couple months from now

why hal when it just slashed its dividend by 75%

Look at APA if you want to be depressed...low was around 4 dollars in March...now its trading at 12 dollars a share.300% gain in 2 months. Might go back to 30 a share in the next year. FUCK ME

just because a company offers low divdends doesn't mean it's a bad company. Share price will definitely increase.

If a war pops off with Iran/Russia or China, or the straight of Hormuz gets cut off it could very well spike up to 18-25 a share. War is the best thing for oil stocks

That is a good sign that HAL is doing what it needs to do to increase liquidity. It also is keeping a dividend. Not cutting it completely.

>implying I haven't been sitting on PSX FANG COP EPD since day 1

HAL and SLB are gonzo. Abort offshore drillers at once. Get into PSX EPD (FANG and MUR if you want meme exposure)

is now the time to buy OIL

FANG too high

This. The FANG ship has sailed. MPC/XOM/MRO is the most solid play right now IMO

Always trust oil

What about FET? why didn't it go up like the rest of the oil stocks?

ok because I trust you im gonna put my $1200 trumpbucks into oil

Thanks guys, I'm going MRO, XOM, MPC & SLB.

good luck friend. make a thread about us next month when you're reaping the gains. remember, buy and hold. don't watch the charts all day

>because I trust you
Hey now take it easy! Don't listen to anything I say. I did get some MRO my self though.

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any other oil stocks pay big dividends?

also what platform do you use to buy stocks?

since you're asking, I'm assuming you're a new investor. Get robinhood, best user-friendly platform for new investors.

imagine not holding USO

This is some next level cope. Somebody is going to get their face ripped off when this rally reverses

Source? oh thats right you don't have one. You are just asshurt that you did not buy the dip at all time lows. Get fucked while I print money.

I bought HAL@$7 and sold at $9. I’m happy with my choice

Oh yeah, I’ll buy back in @~$5 in a month or two

lol I also bought HAL at 7..still holding and making nice gains. Hopefully no one takes advice from a pussy like you.