• 6 minutes Corporations Are Buying More Renewables Than Ever
  • 17 minutes WTI @ 67.50, charts show $62.50 next
  • 23 minutes Starvation, horror in Venezuela
  • 13 hours Permian already crested the productivity bell curve - downward now to Tier 2 geological locations
  • 2 days Desperate Call or... Erdogan Says Turkey Will Boycott U.S. Electronics
  • 2 days Renewable Energy Could "Effectively Be Free" by 2030
  • 2 days Saudi Fund Wants to Take Tesla Private?
  • 6 hours China goes against US natural gas
  • 2 days Mike Shellman's musings on "Cartoon of the Week"
  • 2 days Venezuela set to raise gasoline prices to international levels.
  • 3 days The Discount Airline Model Is Coming for Europe’s Railways
  • 2 days Pakistan: "Heart" Of Terrorism and Global Threat
  • 2 days Are Trump's steel tariffs working? Seems they are!
  • 13 hours Hey Oil Bulls - How Long Till Increasing Oil Prices and Strengthening Dollar Start Killing Demand in Developing Countries?
  • 3 days Scottish Battery ‘Breakthrough’ Could Charge Electric Cars In Seconds
  • 1 day Why hydrogen economics does not work
Alt Text

Why Is Big Oil So Excited About Alaskan Crude?

Alaskan officials have just published…

Alt Text

Saudi Crackdown On Canada Could Backfire

The Saudi/Canadian spat that started…

Alt Text

Oil Falls Despite Crude Inventory Draw

Oil prices fell on Wednesday…

Dan Dicker

Dan Dicker

Dan Dicker is a 25 year veteran of the New York Mercantile Exchange where he traded crude oil, natural gas, unleaded gasoline and heating oil…

More Info

Trending Discussions

Two Of The Best Short-Term Plays Right Now

We need an updated strategy if we’re staying in the oil game. Not a new one, mind you – the plan I’ve laid out for the long-term trends in oil is, I think, going to be the absolute right one – but an adjustment for the trader in our midst is necessary.

I’ve been clear about what I believe is the most prudent way to invest in the sector – banking on a very slow rebound in oil prices can make for some conservative picks in energy companies that I believe are going to rebound best from the ‘shale bust’ . You’ve heard me talk often about EOG Resources (EOG), Cimarex (XEC) and Anadarko (APC), three names that are nearing value numbers again, by the way, on the back of the David Einhorn short recommendation.

But there have also been others that I’ve mentioned; other shorter-term strategies that could be employed, to find quick trades that don’t need to be held forever. These include some of the dedicated shale players with less than stellar balance sheets and some sub-sector oil plays that are often left off the radar screen. Let’s look at some of these now.

For a shorter-term play on shale players, you’d want to find those with good assets but fairly distressed debt positions, making their future rocky – but with enough cash to make their possible demise less clear. These three qualities allow the speculator to mark time as the crude markets play themselves out.

With every…

To read the full article

Please sign up and become a premium OilPrice.com member to gain access to read the full article.

RegisterLogin

Trending Discussions





Oilprice - The No. 1 Source for Oil & Energy News