It's pretty much a given that investing in individual exploration and production (E&P) companies is tantamount to buying a ticket for the roller-coaster. While the long-term thesis that oil and gas prices are destined to rise might be directionally correct, the incredible drop in crude oil prices from mid-2008 to the end of the year, and the spike from late 2011 to today, shows that plenty of
volatility remains in the meantime.
Oasis Petroleum (NYSE:
OAS) is by no means immune to the variability of oil prices, but this growth play in the Bakken could still be worth a look for more aggressive investors.
Read the full article here:
http://stocks.investopedia.com/stock-analysis/2012/Oasis-Petroleum-Still-Worth-A-Look-OAS-CLR-WLL-UNP0402.aspx.
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