Sabtu, 01 Oktober 2022

Look Beyond Texas: High-Growth Energy Co. in No. 2 Oil State

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The Stock Power Podcast

Look Beyond Texas: High-Growth Energy Co. in No. 2 Oil State

By: Matt Clark, Research Analyst

Texas is the largest oil-producing state in the U.S.

In 2020, it pumped 1.8 million barrels out of the ground every day.

That makes sense considering its rich deposits and access to the Gulf Coast.

The second-largest oil-producing state surprised me the most.

North Dakota fills around 431,000 barrels daily — the Bakken Formation of the Williston Basin accounts for most of these.

In today's episode of The Stock Power Podcast, I share a 93-rated Power Stock that drills for oil and gas in the Williston Basin.

Let’s get started.

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Poll of the Week

How High Will the Fed Hike Interest Rates?

Last week we wanted to know if you thought the country was headed for a recession.

And the results were stark.

With 83% of voters believing we were, we wanted to take it a step further.

With another interest rate hike of 75 basis points last week, it can feel like the Fed will never stop.

We want to know how high the you think the central bank will go from here.

Vote in this week’s poll below.

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Big Tech Is Going All-In

Billionaires and tech companies are pouring money into a new industry set to grow 63,000% this decade. It’s not crypto, AI or pot stocks. What is it?

Watch this video presentation for the answer.

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2017: Stephen Paddock, 64, unleashed terror from his hotel room window in Las Vegas when he opened fire on a music festival. The mass murderer killed 58 people and wounded hundreds more before taking his own life. It surpassed the Orlando shooting in 2016 to become the deadliest mass shooting in modern U.S. history.


   


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