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re: I am looking for energy stocks to buy for the long term. Any suggestions?
Posted on 12/21/15 at 6:16 pm to WGB2004
Posted on 12/21/15 at 6:16 pm to WGB2004
If you can wait a few months, a lot of reserves are going to disappear off of the balance sheets of oil companies in the US since they can't be profitably produced. At that point, you'll know which ones have good real book value. Plus, you can compare the new stated reserves and compare them to the reserves stated a year ago. That information will be very valuable for a number of reasons.
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