Started By
Message

re: Oil stocks...are you buying?

Posted on 1/13/16 at 11:38 am to
Posted by wfallstiger
Wichita Falls, Texas
Member since Jun 2006
11413 posts
Posted on 1/13/16 at 11:38 am to
My only O&G is XOM and has been for quite a while and will be for quite a while

I kind of figure it like this...if XOM fails that will likely be the least of my concerns
This post was edited on 1/13/16 at 11:41 am
Posted by TigerTatorTots
The Safeshore
Member since Jul 2009
80770 posts
Posted on 1/13/16 at 12:28 pm to
XOM is head and shoulders the safest major out there right now IMO
Posted by Fat Bastard
coach, investor, gambler
Member since Mar 2009
72615 posts
Posted on 1/13/16 at 12:36 pm to
quote:

Now I'm on the sidelines since this stuff is getting bad...I'll wait until I can see brighter days ahead




pussy
Posted by LSUneaux
NOLA
Member since Mar 2014
4490 posts
Posted on 1/13/16 at 3:03 pm to
MRO now down 32% in 2016.
This post was edited on 1/13/16 at 3:04 pm
Posted by barry
Location, Location, Location
Member since Aug 2006
50341 posts
Posted on 1/13/16 at 3:49 pm to
I wish I had more free cash. I'm thinking about selling some of my Large Cap index shares just to buy.
Posted by tigerpawl
Can't get there from here.
Member since Dec 2003
22282 posts
Posted on 1/13/16 at 6:48 pm to
FCX
Posted by LSU1NSEC
Member since Sep 2007
17243 posts
Posted on 1/13/16 at 7:18 pm to
waiting

going much lower imo
Posted by cuyahoga tiger
NE Ohio via Tangipahoa
Member since Nov 2011
5835 posts
Posted on 1/13/16 at 7:23 pm to
quote:

going much lower imo


I'm thinking the same. This slide continues at least until early next year.
Posted by LSU1NSEC
Member since Sep 2007
17243 posts
Posted on 1/13/16 at 7:35 pm to
quote:

This slide continues at least until early next year.


Agree. Early 2017 might have some good buying opportunities.
Posted by Fat Bastard
coach, investor, gambler
Member since Mar 2009
72615 posts
Posted on 1/13/16 at 7:52 pm to
Some companies might not make it through this year. Lots of layoffs. BBEP was a great dividend producer but it crashed. Glad I got out when I did. Lots of companies are cutting back. Word is the dirty Saudis are planning on putting more oil on the market this year than last year. Not good.
Posted by Kingpenm3
Xanadu
Member since Aug 2011
8960 posts
Posted on 1/13/16 at 10:41 pm to
I'm batching because I'm down. But KMI should not trade in step with oil the way it does. It is mainly a transport company. And they locked their oil in at $80/brl for this year too. Incredibly undervalued.
Posted by windshieldman
Member since Nov 2012
12818 posts
Posted on 1/14/16 at 2:20 pm to
Why are they up so high today? At least XOM and BP that I own, bail out rumors?
Posted by bayoubengals88
LA
Member since Sep 2007
18909 posts
Posted on 1/15/16 at 11:51 am to
Is this plunge altering anyone's retirement plans? I know a guy who works for one of the majors...he turned 55 last year. He's gonna keep working for a while now.
Posted by LSUtoOmaha
Nashville
Member since Apr 2004
26578 posts
Posted on 1/15/16 at 11:52 am to
quote:

Is this plunge altering anyone's retirement plans? I know a guy who works for one of the majors...he turned 55 last year. He's gonna keep working for a while now.


Did he have all his money in energy stocks or something?
Posted by TigerTatorTots
The Safeshore
Member since Jul 2009
80770 posts
Posted on 1/15/16 at 11:53 am to
This is absolutely crazy. XOM is the only oil related company I would feel comfortable buying right now. For a slightly riskier buy, RDS-B is really calling my name.
Posted by sheek
The Woodlands, TX
Member since Sep 2007
43894 posts
Posted on 1/15/16 at 11:54 am to
I would jump on that quick. Waiting for the volatility to somewhat calm down and I will jump on some O&G stocks that are cheap right now.
Posted by LSU1NSEC
Member since Sep 2007
17243 posts
Posted on 1/15/16 at 11:58 am to
my charts showing oil might be ready for a correction (upward)

don't have any targets though
Posted by jb4
Member since Apr 2013
12654 posts
Posted on 1/15/16 at 11:59 am to
NGLS below 10 is a steal unless they go BK i don't believe that is possible unless the shite hits the fan, like oil below 20 for awhile.
Posted by sheek
The Woodlands, TX
Member since Sep 2007
43894 posts
Posted on 1/15/16 at 12:00 pm to
quote:

my charts showing oil might be ready for a correction (upward)


it is. beyond the charts, also Saudi's baseline is around $28. They will start cutting back production but with the exports ban lifted tells me the Petrodollar days are over. Going in a different direction with a new baseline and standard.
This post was edited on 1/15/16 at 12:03 pm
Posted by CajunAlum Tiger Fan
The Great State of Louisiana
Member since Jan 2008
7871 posts
Posted on 1/15/16 at 12:02 pm to
Can you sharps please come to a consensus and let us know when to buy?

I only want to get in when I am guaranteed great return. You guys can do that, right?




The post was in jest, but I do have some cash (fun money, not retirement money) on the sidelines that I'd like to put back into a long-term play. Is this overselling or is the oil floor this time around closer to $20 than $30?
Jump to page
Page 1 2 3 4 5 ... 33
Jump to page
first pageprev pagePage 2 of 33Next pagelast page

Back to top
logoFollow TigerDroppings for LSU Football News
Follow us on Twitter, Facebook and Instagram to get the latest updates on LSU Football and Recruiting.

FacebookTwitterInstagram