The driller scoops up some acreage in Oklahoma.
A lot could go right or wrong for oil stock investors in 2017.
OPEC has had enough with low oil prices, which puts these shale producers in the position to thrive.
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QEP Resources, Contango Oil & Gas, Southwestern Energy, Consol Energy, and Newfield Exploration all jumped by double digits last month largely on the OPEC agreement.
Shares of Cheniere benefited from the energy industry's gains after the OPEC production cut announcement. It's hard, though, to see how that impacts the company.
The anticipation of higher oil prices thanks to an announcement by OPEC sent WPX Energy, Marathon Oil, Oasis Petroleum, Murphy Oil, and Carrizo Oil & Gas off to the races last month.
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No matter what commodity prices do in 2017, these energy stocks should thrive.
OPEC’s agreement to cut production fueled double-digit rallies in Atwood Oceanics, Hornbeck Offshore Services, Denbury Resources, Whiting Petroleum, and Oasis Petroleum this week.