8 Oil and Gas Stocks to Buy Now

GLOG, CHKM, PEIX, ACMP, GPRE, XEC, TK, TNP improve in weekly rankings

   
8 Oil and Gas Stocks to Buy Now

The grades of eight oil and gas stocks are on the rise this week on Portfolio Grader. Each of these stocks is rated an “A” (“strong buy”) or “B” overall (“buy”).

GasLog Ltd. (GLOG) is making progress this week as its rating of C (“hold”) from last week increases to a B (“buy”) rating this week. GasLog operates and manages liquefied natural gas (LNG) carriers. In Portfolio Grader’s specific subcategories of Earnings Growth, Earnings Revisions, Margin Growth and Sales Growth, GLOG also gets A’s. The stock price has risen 15.8% over the past month, better than the 1.7% decrease the S&P 500 has seen over the same period of time. Shares of the stock have been trading at an exceptionally rapid pace, up twofold from the week prior. For more information, get Portfolio Grader’s complete analysis of GLOG stock.

This week, Chesapeake Midstream Partners (CHKM) pushes up from a C to a B rating. Chesapeake Midstream Partners owns, operates, develops, and acquires natural gas, natural gas liquids, and oil gathering systems, as well as other midstream energy assets in the United States. For more information, get Portfolio Grader’s complete analysis of CHKM stock.

The rating of Pacific Ethanol, Inc. (PEIX) moves up this week, rising from a C to a B. Pacific Ethanol produces and markets low-carbon ethanol. For more information, get Portfolio Grader’s complete analysis of PEIX stock.

Access Midstream Partners, L.P. (ACMP) is progressing from last week’s rating of B (“buy”) as the company improves to an A (“strong buy”) this week. The company owns, operates and develops and acquires natural gas, natural gas liquids and oil gathering systems. The stock’s price of $56.69 is above the 50-day moving average of $53.81. At present, the stock has a dividend yield of 2.1%. For more information, get Portfolio Grader’s complete analysis of ACMP stock.

Green Plains Renewable Energy, Inc. (GPRE) earns an A this week, jumping up from last week’s grade of B. Green Plains Renewable Energy constructs and operates dry mill, fuel-grade ethanol production facilities. Wall Street seems to agree with the upgrade and has propelled the stock up 10.7% over the past month. Shares of the stock have been changing hands at an unusually rapid pace, twice the rate of the week prior. For more information, get Portfolio Grader’s complete analysis of GPRE stock.

Cimarex Energy (XEC) boosts its rating from a C to a B this week. Cimarex is an oil and gas exploration and production company with operations in Texas, Oklahoma, New Mexico, Kansas and Wyoming. With a price of $102.48, it is above the 50-day moving average of $99.89. For more information, get Portfolio Grader’s complete analysis of XEC stock.

This week, Teekay Corporation’s (TK) ratings are up from a C last week to a B. Teekay is a provider of international crude oil and petroleum product transportation services. Wall Street has pushed the stock higher by 15.7% over the past month. For more information, get Portfolio Grader’s complete analysis of TK stock.

Tsakos Energy Navigation Limited’s (TNP) ratings are looking better this week, moving up to a B from last week’s C. Tsakos Energy Navigation provides international seaborne crude oil and petroleum product transportation services. Investors seem to agree with the upgraded status of the stock and have pushed the stock up 37.7% over the past month. For more information, get Portfolio Grader’s complete analysis of TNP stock.

Louis Navellier’s proprietary Portfolio Grader stock ranking system assesses roughly 5,000 companies every week based on a number of fundamental and quantitative measures. Stocks are given a letter grade based on their results — with A being “strong buy,” and F being “strong sell.” Explore the tool here.


Article printed from InvestorPlace Media, http://investorplace.com/2014/01/8-oil-and-gas-stocks-to-buy-now-glog-chkm-peix/.

©2014 InvestorPlace Media, LLC

Comments are currently unavailable. Please check back soon.