We found some great stock picks for you! If you are looking to broaden your horizon and expand your portfolio, these are four great picks that might be an option for you. They are all at a low price and are expecting some solid earnings. Walter Gault did all the work for us, take a look at some of these numbers.
1. Stone Energy Corporation (SGY) ($28.93)
Stone Energy is an independent oil and natural gas company engaged in the acquisition, exploration, exploitation, development, and operation of oil and gas properties located primarily in the Gulf of Mexico.
2. CNOOC Limited (CEO) ($229.45)
CNOOC is an investment holding company. The company, through its subsidiaries, is engaged in the exploration, development, production, and sales of crude oil, natural gas, and other petroleum products. It is a producer of offshore crude oil and natural gas.
3. Hess Corporation (HES) ($71.47)
Hess is a global integrated energy company that operates in two segments: exploration and production (E&P), and marketing and refining (M&R). The E&P segment explores, develops, produces, purchases, transports, and sells crude oil and natural gas.
4. Holly Corporation (HOC) ($66.26)
Holly is an independent petroleum refiner that produces light products, such as gasoline, diesel fuel, jet fuel, specialty lubricant products, and specialty and modified asphalt. Its operations are organized into two segments: Refining and Holly Energy Partners, L.P. (HEP). HOC has finalized is pending takeover of FTO (Frontier Oil Corporation). Both companies have excellent growth projections with FTO at a monstrous 843.2%–the resulting merger should perform well to say the least.
Some of these picks are stocks that we do not discuss too in depth in our previous posts. I would recommend a little further due diligence on your end, as you always should, and see if these stocks could work for you. I hope these are some picks that you can work with.
Quotes taken from report by Walter Gault, Read the entire article here.
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