Energy Stocks

The Energy Stocks Package is based on the I Know First algorithm and is designed for investors and analysts who need recommendations for the best performing stocks for the whole Energy Industry. It includes 20 stocks with bullish and bearish signals and indicates the best stocks to buy and sell:

• Top 10 Energy stocks for the long position
• Top 10 Energy stocks for the short position

Package Name: Energy Stocks Forecast
Recommended Positions: Long
Forecast Length: 14 Days (6/28/23 – 7/12/23)
I Know First Average: 11.83%

This Energy Stocks Forecast Package forecast has correctly predicted 10 out of 10 stock movements. The top performing prediction from this package was OII with a return of 24.54%. Further notable returns came from PLUG and TTI at 24.19% and 23.87%, respectively. The Energy Stocks Forecast package had an overall average return of 11.83%, providing investors with a premium of 9.69% over the S&P 500’s return of 2.14%.

Oceaneering International, Inc. (OII) provides engineered services and products to the offshore oil and gas industry worldwide. The company’s Remotely Operated Vehicles (ROVs) segment offers submersible vehicles for drilling support in the oil and gas industry; and drill support, vessel-based inspection, maintenance and repair, installation and construction support, pipeline inspection and surveys, and subsea production facility operation and maintenance services. As of December 31, 2015, this segment owned a fleet of 315 ROVs. Its Subsea Products segment constructs various subsea hardware products comprising subsea umbilicals utilizing thermoplastic hoses and steel tubes; tooling, and ROV tooling and subsea work packages; production control equipment; installation and workover control systems; clamp connectors; pipeline connectors and repair systems; subsea and topside control valves; and subsea chemical injection valves. The company’s Subsea Projects segment performs subsea oilfield hardware installation and inspection, maintenance, and repair services; serves deepwater projects and shallow water projects; and performs subsea intervention and hardware installation services, such as subsea well tie-backs, pipeline/flow line tie-ins and repairs, pipeline crossings, umbilical and other subsea equipment installations, and subsea intervention, as well as inspection, maintenance, and repair services. Its Asset Integrity segment offers asset integrity services to enhance the reliability and safety of their facilities onshore and offshore, as well as third-party inspections to customers in the oil and gas, petrochemical, and power generation industries; and first-pass integrity evaluation and assessment, and nondestructive testing services. The company’s Advanced Technologies segment offers project management, engineering services, and equipment for applications in non-oilfield markets. Oceaneering International, Inc. (OII) was founded in 1964 and is based in Houston, Texas.

Algorithmic traders utilize these daily forecasts by the I Know First market prediction system as a tool to enhance portfolio performance, verify their own analysis and act on market opportunities faster. This forecast was sent to current I Know First subscribers.

How to interpret this diagram

Algorithmic Stock Forecast: The table on the left is a stock forecast produced by I Know First’s algorithm. Each day, subscribers receive forecasts for six different time horizons. Note that the top 10 stocks in the 1-month forecast may be different than those in the 1-year forecast. In the included table, only the relevant stocks have been included. The boxes are arranged according to their respective signal and predictability values (see below for detailed definitions). A green box represents a positive forecast, suggesting a long position, while a red represents a negative forecast, suggesting a short position.

Please note-for trading decisions use the most recent forecast. Get today’s forecast and Top stock picks.