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Anyone buying energy stocks yet?

Posted on 4/2/15 at 9:04 am
Posted by Ole War Skule
North Shore
Member since Sep 2003
3409 posts
Posted on 4/2/15 at 9:04 am
* I read we're still have tremendous over supply and they can't even find storage for all the excess
* Demand isn't changing
* After steady oil price decline, we've been stable for 3 months
* I've been getting a least 1 new 5* upgrade from Morningstar a week for energy stocks for a month or so.
* and MOST importantly, Cramer is saying it may be time to start buying service companies like Schlumberger.

I bought in a month or so ago, but sold out when I started hearing that the excess supply was still growing. Thinking about testing the waters again.
Posted by TheHiddenFlask
The Welsh red light district
Member since Jul 2008
18384 posts
Posted on 4/2/15 at 9:15 am to
Waiting until mid June to analyze.
Posted by jlu03
San Diego
Member since Jul 2012
3321 posts
Posted on 4/2/15 at 9:18 am to
I'd wait until the Iran deal is completed.
Posted by DirtyMikeandtheBoys
Member since May 2011
19431 posts
Posted on 4/2/15 at 9:29 am to
I bought PES yesterday at $5.54

Been eyeing

CXO as well.
Posted by Creamer
louisiana
Member since Jul 2010
2817 posts
Posted on 4/2/15 at 10:17 am to
Who all are y'all keeping an eye on?
Posted by FelicianaTigerfan
Comanche County
Member since Aug 2009
26059 posts
Posted on 4/2/15 at 3:04 pm to
I was watching to see if anything would happen with the Saudi's involvement in the ME fighting but I guess they would have to be attacked in country for this to move oil prices
This post was edited on 4/2/15 at 3:06 pm
Posted by barry
Location, Location, Location
Member since Aug 2006
50385 posts
Posted on 4/2/15 at 3:15 pm to
If you try to guess the bottom, good luck. Buy on the way down. Prices haven't fluctuated too much.

I bought WFT and BHI several months ago, they are both up a bit though.
Posted by Rhino5
Atlanta
Member since Nov 2014
28916 posts
Posted on 4/2/15 at 9:00 pm to
I've bought alot. They scare you while they buy for cheap.
Posted by mule74
Watersound Beach
Member since Nov 2004
11333 posts
Posted on 4/3/15 at 12:12 pm to
Bought FCX at $16 and change. Not a true energy firm though I guess.

Posted by Iosh
Bureau of Interstellar Immigration
Member since Dec 2012
18941 posts
Posted on 4/3/15 at 5:45 pm to
quote:

MOST importantly, Cramer is saying
Yeah, no
Posted by TrueTiger
Chicken's most valuable
Member since Sep 2004
68967 posts
Posted on 4/4/15 at 8:19 am to
speaking of,

anyone have a triple levered energy ETF bull they like?
Posted by Teauxler
Baton Rouge
Member since Jan 2010
3322 posts
Posted on 4/4/15 at 3:21 pm to
Bought 400 shares of RIG
200 of CVE & 200 of CHK
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