Here's 1 Way to Play a Rebound in Oil
The following video is part of our "Motley Fool Conversations" series, in which senior analyst Matt Argersinger and analyst Paul Chi discuss topics across the investing world.
Ongoing troubles in the eurozone, slowing growth in China, and a struggling economy in the U.S. have led to a 20% drop in oil prices over the past three months. The stock prices of many energy companies have come down even more, creating bargains in some well-managed names that should see their stocks rebound sharply on even a modest recovery in oil prices. In today's video, Matt and Paul discuss one offshore drilling specialist that looks particularly compelling right now. With cheap sources of oil becoming harder and harder to find, corporations and governments are looking increasingly offshore for their energy needs. Find out why today's stock is primed to prosper on that trend.
Energy stocks offer something for all types of investors. Some companies rise and fall with oil prices, while others provide more steady returns over the long haul. The Motley Fool has identified a company that will prosper for years to come. Read more about an energy stock set to soar in our special free report: "The Only Energy Stock You'll Ever Need." Don't miss out on this limited-time offer and your opportunity to discover this under-the-radar company before the market does. Click here to access your report -- it's totally free.
At the time this article was published Matthew Argersingerand Paul Chi have no positions in the stocks mentioned above. The Motley Fool has no positions in the stocks mentioned above. Motley Fool newsletter services recommend Chevron. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.