Never Let A Good Bear Market Go To Waste: Energy Gems Amidst The Rubble | Seeking Alpha
Here is an outstanding article about oil company bargains that should be bought now or very soon. All three of the oil companies mentioned will most likely gain double-digit returns in the next year even if oil stays below $80 per barrel. I am buying RDS/A (Shell) tomorrow because of its great current price and because its recent dividend exceeds the junk bonds dividend rate. So, you have almost certain capital gain along with a super dividend that is most likely safe.
The other two companies discussed in the article were HAL and EOG. I agree 100% with the author that these two oil giants are great buys also. I plan to buy both of them in the near future, but my cash has already been spent on other bargains this week. HAL will rebound because fracking will continue as soon as the oil price swoon is over. EOG will rise again because it is one of the biggest oil companies in the Bakken as well as Texas. There is no way that these two companies will be held down for long.
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