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EnvestorFirst (38.07)

Oil Stock To Pump Your Portfolio

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August 18, 2011 – Comments (2) | RELATED TICKERS: TOT , STO , KAZ.DL2

Looking to get your portfolio in its prime for the new year? I know its a ways off, but there is nothing wrong with getting ready early, and starting your research now. If you like to plan ahead, you are not alone. Rougemont has done some great research on strong oil stocks for 2012. 

 

Statoil ASA (STOis trading around $23.25. Statoil is a leading oil and gas company, based in Norway. These shares have traded in a range of $18.39 to $29.67 in the last 52 weeks. The 50-day moving average is $24.05 and the 200-day moving average is $24.03. STO is estimated to earn about $2.95 per share in 2011, and $3.24 in 2012. STO pays a solid dividend of about $1 per share, which is equivalent to a 4% yield.

Total SA (TOT) shares are trading around $47.50 per share. Based in France, Total is a major integrated oil company with operations worldwide. These shares have traded in a range of $43.81 to $64.44 over the past 52 weeks. The 50-day moving average is $53.77 and the 200-day moving average is $56.29. TOT earnings estimates are about $7.98 per share in 2011, and $8.20 in 2012. TOT pays a solid dividend of about $2.73 per share, which is equivalent to a 6% yield.

 BMB Munai (KAZis trading around $1. BMB Munai is a independent oil and gas company based in Kazakhstan. KAZ has already received a buyout offer from MIE Holdings, which values the company at about $170 million or roughly $1.40 per share. Under the terms of the agreement, KAZ shareholders would receive an initial cash payment of somewhere between $1.04 to $1.10 at the time of closing and be entitled to an additional payment later. The company says, “The Company intends to make a second distribution to stockholders that could range up to approximately $0.30 per share following termination of the escrow….” This gives a total possible cash payout of around $1.40 per share, if you wait for the deal to close."

 

Find additional information here:  http://turnkeyoil.com/2011/08/18/oil-stock-to-pump-your-portfolio/

2 Comments – Post Your Own

#1) On August 18, 2011 at 4:31 PM, motleyanimal (83.24) wrote:

I'll have to check this out. KAZ is at .92 cents right now. Thanks for the tip.

 

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#2) On August 18, 2011 at 7:32 PM, EnvestorFirst (38.07) wrote:

Happy to help!

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