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This IBD 50 Stock To Watch Is In The Hot Oil Field

·3 min read
This IBD 50 Stock To Watch Is In The Hot Oil Field
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With fear over the fallout of Russia's invasion of Ukraine mounting, along with general inflation, prices of energy and oil stocks are rising and filling the coffers of oil companies. Callon Petroleum joins the IBD 50 Stocks To Watch list as the stock sets up in a ragged new base as the Texas oil explorer's earnings soar. Bombs continued to explode in Ukraine and fighting was reported near the capital of Kyiv on Thursday, sending oil prices up over $100 a barrel.