meta_pixel
Tapesearch Logo
Log in
MarketFoolery

Oil Stocks Rising

MarketFoolery

The Motley Fool

Money, Business, Motley, Business News, Stocks, News, Investing, Market, Fool

4.71.7K Ratings

🗓️ 16 September 2019

⏱️ 18 minutes

🧾️ Download transcript

Summary

ExxonMobil, Chevron, BP and Halliburton were just some of the oil stocks rising today. Jason Moser analyzes the energy landscape and shares why he’s still not a big fan of oil stocks in the long run. Plus, we discuss a surprising upgrade for Uber and Lyft, as well as the implications of Accenture’s new report on the banking industry.

Thanks Netsuite. Get the FREE guide, “7 Key Strategies to Grow your Profits” at www.NetSuite.com/Fool.

Transcript

Click on a timestamp to play from that location

0:00.0

This episode of Market Foolery is brought to you by NetSuite, the business

0:06.1

in an easy-to-use cloud platform. Download their free guide, seven key strategies to grow your profits today

0:12.4

at NetSuite.com.

0:14.0

It's Monday, September 16th.

0:18.0

Welcome to Mark Fullry.

0:19.0

I'm Chris Hill joining me in studio today, the one and only, Jason Moser. Thanks for being here.

0:24.0

Howdy. We're going to talk ride sharing. We're going to talk global payments. We're going to start with

0:30.5

oil and I hope you filled up your car over the weekend because Exxon

0:36.1

mobile Chevron BP Royal Dutch Shell all of those stocks are on the rise this morning

0:41.9

and that's because oil prices are on the rise and

0:45.5

this is after a coordinated attack hit Saudi Arabia's oil industry over the weekend forcing

0:50.8

Saudi Arabia to cut its oil output by half, that is, I believe if I'm

0:57.2

doing the math right, ends up being about 5% of global production. But look if you already own any one of these oil stocks

1:06.4

you're you're having a good day. How do you think about this story in terms of both the short term and the long term?

1:15.0

So I will say first and foremost I don't believe, let me double check this in my mind real quick,

1:22.0

but I don't believe I have any direct ownership in any oil stocks.

1:28.0

I mean, it's just, we've talked a lot about on these shows what makes investing in oil so difficult. I mean because it is just a

1:37.4

straight up commodity, I mean obviously a commodity that is very important to making

1:42.1

the world go around in this day and age.

1:45.0

But it's a commodity nonetheless and so it is, it does, it seems like it's always beholden to particular ebbs and flows in supply and

1:57.8

demand and if you're really going to get the opportunity to make some money

2:01.0

investing in energy then you have to be able to, you need

...

Please login to see the full transcript.

Disclaimer: The podcast and artwork embedded on this page are from The Motley Fool, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of The Motley Fool and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.

Copyright © Tapesearch 2026.