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Stock impact report

Coronavirus Oil Crash: 5 Oil Stocks You Should Avoid at All Costs [The Motley Fool]

Oasis Petroleum Inc. (OAS) 
Last oasis petroleum inc. earnings: 2/25 05:28 pm Check Earnings Report
US:NYSE Investor Relations: oasispetroleum.com/investors
Company Research Source: The Motley Fool
The coronavirus pandemic that Saudi Arabia used to launch an all-out war for global market share has turned into an absolute rout. Nearly every corner of the oil world has been affected, and billions of dollars in investor capital has already been destroyed. Eventually the market will turn and there will bebig winners after the oil crashIt's barely two months in, and the bankruptcies have already started. So before you rush into the oil patch looking for big gains on a bet that the economy opens back up soon and demand for oil rebounds, keep reading.The oil patchFive oil stocks in particular that investors should avoid areOccidental Petroleum(NYSE:OXYOasis PetroleumNYSE:OASHalliburton CoNYSE:HALChesapeake EnergyNYSE:CHKValaris plcNYSE:VALImage source: Getty Images.Torching shareholder valueMatt DiLallo(Occidental Petroleum)Chevronby a ridiculous $ billion, allowing the oil giant to walk away with a cool $ billion breakup fee for its troubles. They also made sure shareholders wouldn't Show less Read more
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