WHY YOU SHOULD INVEST IN OIL STOCKS RIGHT NOW

Hey boos, HAPPY WEDNESDAY!! So, I know I normally do a health post on Wednesdays, but since there’s so much going on with the oil industry figured I’ll do a quick post on some oil stocks to look into and possibly invest in. I mean, we can never get tired of talking about how to build wealth!

Let’s talk Negative Oil Prices

If you have been thinking of investing in oil stocks now is the time to invest because well, oil prices just went NEGATIVE. What does it mean when oil prices go negative? Pretty much demand for oil has dropped significantly within the last few weeks as we been battling the coronavirus pandemic. And of course, because we have been home which practically eliminates much of our need for fuel as an economy. From shipping goods, ride on airplanes, and or driving to work.

In a nutshell without much use for oil, we as the United States are running out of room to store all the oil that companies have continued to pump out of the ground. Which put us is in the negative and that’s why gas prices are so low. Oil/Gas stocks and dropping and oil companies are filing for bankruptcy.

Time to think like an Investor

This has never happened before and hopefully, this won’t last long as the economy will be opening soon. But the fact is stocks continue to drop so it’s time to put on our investor hat and take full advantage of the stock market and invest in as many oil companies as possible. While 100’s of oil companies could potentially file for bankruptcy, 100s of oil companies could also bounce back. Considering that the Trump administration is considering offering federal stimulus funds to some oil & gas companies.

So I decided to put together a quick list of some top oil companies to invest in. You can see full the list on Robinhood HERE with even more Gas/Oil companies but figured I’ll highlight a few that I’m personally interested in or currently invested in. (And if you don’t have a Robinhood investment account click HERE to use my link signup and get a FREE stock.)

Look into these Oil & Gas Stocks

• Shell (RDS.A)
• Phillips 66 (PSX)
• TC Energy (TRP)
• Devon Energy Corp (DVN)
• Apache Corp. (APA)
• Occidental Petroleum (OXY)
• Chevron Corp. (CVX)
• Exxon Mobil Corp ( XOM)
• Noble Energy (NBL)
• Marathon Petroleum Corp (MPC)
• Marathon Oil (MRO)
• Callon Petroleum (CPE)
• Frontier Communications (FTR)
• Camber Energy (CEI)

Thank you so much for stopping by and don’t forget I have tons of content about wealth and finance check them out HERE.

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