Monday, May 21, 2018 7:32:29 AM
8:07 am ET May 19, 2018 (MarketWatch)
By Philip van Doorn, MarketWatch
Big oil companies, including Exxon Mobil, Helmerich & Payne and National Oilwell Varco, are trailing the oil-price recovery
The recovery of oil prices looks to be "for real" this time, springing from a combination of stronger demand by developed economies and expected disruptions in supply from exporters including Iran and Venezuela.
Two data approaches shed light on ways that long-term investors can jump on the trend while limiting their chances of being burned.
Don't miss:Oil prices have surged above $70 -- here are four key reasons behind the rally (http://www.marketwatch.com/story/oil-prices-have-surged-above-70here-are-4-key-reasons-behind-the-rally-2018-05-07)
The first way is simple: Concentrate on oil refiners. We recently looked at the best-performing oil stocks of 2018 and saw that among S&P 500 energy stocks, oil refiners were the most consistent performers (http://www.marketwatch.com/story/here-are-the-hottest-us-oil-stocks-of-2018-2018-05-07) through the oil bust and (partial) recovery cycle.
The second way is to consider oil companies that have the lowest leverage, or borrowings. We first took this approach during the doldrums of January 2016, when oil was nearing its bottom. At that time, we listed the 10 S&P 500 energy stocks with the lowest ratios of long-term debt to equity (http://www.marketwatch.com/story/10-oil-companies-that-will-thrive-as-crude-prices-rebound-2016-01-12) as of Sept. 30, 2015. The idea was that the companies with the lowest amount of long-term borrowings relative to equity would be better positioned than competitors, not only to survive but to be able to take advantage of market turmoil to scoop up assets or make acquisitions on the cheap.
Recent PED News
- Form EFFECT - Notice of Effectiveness • Edgar (US Regulatory) • 09/23/2024 04:15:17 AM
- Form S-3 - Registration statement under Securities Act of 1933 • Edgar (US Regulatory) • 09/11/2024 09:38:08 PM
- Form S-8 - Securities to be offered to employees in employee benefit plans • Edgar (US Regulatory) • 09/11/2024 08:22:30 PM
- Form 10-K/A - Annual report [Section 13 and 15(d), not S-K Item 405]: [Amend] • Edgar (US Regulatory) • 09/10/2024 08:50:28 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 08/30/2024 08:52:11 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 08/30/2024 08:52:08 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 08/30/2024 08:31:00 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 08/14/2024 08:40:57 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 08/14/2024 08:30:29 PM
- Form ARS - Annual Report to Security Holders • Edgar (US Regulatory) • 07/12/2024 08:12:51 PM
- Form DEFA14A - Additional definitive proxy soliciting materials and Rule 14(a)(12) material • Edgar (US Regulatory) • 07/12/2024 08:07:03 PM
- Form DEF 14A - Other definitive proxy statements • Edgar (US Regulatory) • 07/12/2024 08:05:34 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 05/15/2024 08:45:51 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 05/15/2024 08:31:07 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 02/05/2024 10:22:35 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 01/29/2024 09:31:30 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 01/29/2024 09:31:28 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 01/29/2024 09:31:24 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 01/29/2024 09:31:21 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 01/29/2024 09:30:51 PM
- Form 144 - Report of proposed sale of securities • Edgar (US Regulatory) • 01/25/2024 11:51:22 PM
- Form 144 - Report of proposed sale of securities • Edgar (US Regulatory) • 01/25/2024 11:44:06 PM
- Form 144 - Report of proposed sale of securities • Edgar (US Regulatory) • 01/25/2024 11:11:06 PM
- Form 144 - Report of proposed sale of securities • Edgar (US Regulatory) • 01/24/2024 02:03:38 AM
- Form 144 - Report of proposed sale of securities • Edgar (US Regulatory) • 01/24/2024 01:55:39 AM
VHAI - Vocodia Partners with Leading Political Super PACs to Revolutionize Fundraising Efforts • VHAI • Sep 19, 2024 11:48 AM
Dear Cashmere Group Holding Co. AKA Swifty Global Signs Binding Letter of Intent to be Acquired by Signing Day Sports • DRCR • Sep 19, 2024 10:26 AM
HealthLynked Launches Virtual Urgent Care Through Partnership with Lyric Health. • HLYK • Sep 19, 2024 8:00 AM
Element79 Gold Corp. Appoints Kevin Arias as Advisor to the Board of Directors, Strengthening Strategic Leadership • ELMGF • Sep 18, 2024 10:29 AM
Mawson Finland Limited Further Expands the Known Mineralized Zones at Rajapalot: Palokas step-out drills 7 metres @ 9.1 g/t gold & 706 ppm cobalt • MFL • Sep 17, 2024 9:02 AM
PickleJar Announces Integration With OptCulture to Deliver Holistic Fan Experiences at Venue Point of Sale • PKLE • Sep 17, 2024 8:00 AM