|Day Low/High||12.25 / 12.61|
|52 Wk Low/High||3.35 / 17.60|
Still holding these troubled energy companies?It will take a lot for them to be a winning hand.
The standard view is that oil prices will keep falling -- but be ready in case they don't.
It will take a real and large production collapse to end the current bust.
Update your oil game strategy with shale and offshore players.
My best work was avoiding areas where money was likely to be lost.
In part two, we look at possible problem players in the Bakken.
Oasis Petroleum and Northern Oil & Gas are solid growth plays at current prices.
I see a new bull market by March, a stronger euro, and lots of M&A activity in the coming year.