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Slackerous Maximus
 
HardDrive's Avatar
 
Join Date: Apr 2005
Location: Columbus, OH
Posts: 18,198
Energy stocks/funds hurt by low oil prices?

Looking for suggestions on stock/funds that have been hurt by low oil prices. There must be some bargains out there.....

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Old 01-19-2015, 07:57 AM
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recycled sixtie's Avatar
 
Join Date: Oct 2011
Location: Edmonton Canada
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I am an independent investor and have no interest in promoting this stock. Not in green.
I bought Crescent Point Energy on a broker recommendation at $24.25 Can about 2 weeks ago . It is now at $30 Can. I feel good about it as I bought it close to its yearly low.

Okay so we are awash in oil but that won't last forever and the price will slowly recover.
Don't use me as guidance! Caveat emptor.

Cheers, Guy
Old 01-19-2015, 08:10 AM
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Quote:
Originally Posted by HardDrive View Post
Looking for suggestions on stock/funds that have been hurt by low oil prices. There must be some bargains out there.....
Linn Energy (LINE and LNCO) was over $30 in February of 2014 and is now under $10. I think it might be worth looking into. I have some in my portfolio and am thinking of getting some more.
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Old 01-19-2015, 08:13 AM
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Join Date: Oct 2003
Location: Roseville, CA
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I wonder if just plain old USO should be looked at. Down more than 45% in just 1 year and I agree, oil won't stay low forever.

Warning: this is coming from a guy who was 100% absolutely sure he'd never see gas below $2 again...
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Old 01-19-2015, 08:46 AM
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Band.
 
Join Date: Dec 2003
Location: Denver, CO
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HAL is down quite a bit and reports earnings tomorrow morning. If it dumps again tomorrow then it might be considered a long term bargain.

I bought some calls a month or so ago and am currently in the weeds with them so I might not take advice from me...

Old 01-19-2015, 09:59 AM
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