SA Asks: What's the most attractive oil stock right now?
What's the most attractive oil stock right now for investors?
Seeking Alpha analysts Long Player, Dhierin Bechai, and Daniel Jones offer their picks.
Long Player: Right now, the whole section is rising due to the fast upward push of oil stocks, but at some point quality will again matter. I therefore highly recommend that investors look for quality stocks when investing in oil and gas.
If you are in a junky area of the market (which is roughly a market cap of $300M and under) without a good reason, then it's time to head to industry leaders in case there is demand destruction and possibly a recession, or worse.
I am looking at stocks like ExxonMobil XOM and the recession-resistant midstream group like Enterprise Products Partners EPD and Western Midstream WES right now.
If you just have to have a fling, consider the Jerry Jones-controlled company of Comstock Resources CRK, which is now working on a new discovery in the Western Haynesville.
(Long Player leads the SA investing group Oil & Gas Value Research.)
Dhierin Bechai: When looking at integrated oil companies, I previously preferred ExxonMobil XOM over Chevron CVX as it c...