Too Many Oil Bargains: Which Is The Best Bet For Now? - Part 2
Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.
In my previous article, we considered the top five oil companies by marketing capitalization. In this article, we continue looking at the world's largest energy companies. There are three currently classified as Oil and Gas Diversified - Conoco Philips (COP), Occidental Petroleum (OXY), and Marathon Oil Corp (MRO), -- and two classified as Oil and Gas Exploration and Production -- Apache Corporation (APA), and Anadarko Petroleum Corporation (APC). Oil and Gas E & P companies restrict their operations to "upstream" activities, meaning finding and producing oil and gas and leaving the refining and distribution to other companies. Integrated Oil & Gas companies engage in both upstream exploration and production and downstream refining and distribution. We will look at some historical performance indicators, forward growth estimates, and macroeconomic issues in an attempt to determine which the best winning bet is right now. READ FULL ARTICLE HERE