The Zacks Analyst Blog Highlights SM Energy, Matador Resources and Pioneer Natural Resources
For Immediate Release
Chicago, IL June 8, 2023 Zacks.com announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets. Stocks recently featured in the blog include: SM Energy Company SM, Matador Resources Company MTDR and Pioneer Natural Resources Company PXD.
Here are highlights from Wednesdays Analyst Blog:
Keep an Eye on 3 Oil Explorers as Crude Price Rises Again
Although oil pricestumbled in the second half of 2022, the same has reversed and is trading back into the range.Oil prices increased after Saudi Arabia vowed to lower production by 1 million barrels per day (bpd) to counter factors that have slowed growth of the oil and gas industry.
International benchmark Brentcrude traded at $76.57 a barrel, after increasing by almost 0.6%. The U.S.West Texas Intermediatecrude stood at $72.03, which increased more than 0.4%.