3 Energy Stocks We Like Right Now
Monday's MarketFoolery podcast featured an in-depth discussion on BP's deal to sell its 50% stake in TNK-BP, a joint venture in Russia, for $17 billion cash. Host Chris Hill and analysts Jason Moser and Michael Olsen, CFA, look at the upsides and potential downsides to the deal, agreeing that despite the influx of cash for BP, they're still not enthusiastic about the stock.
With the conversation turning to stocks that the guys are fans of, Mike highlights Devon Energy, Ultrapetrol, and Apache. There's a lot to like about these three energy stocks right now, in part because of their exposure to the oil and gas industries. Watch the following video segment for the guys' full discussion and analysis.
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The article 3 Energy Stocks We Like Right Now originally appeared on Fool.com.Chris Hill, Jason Moser, and Michael Olsen, CFA, have no positions in the stocks mentioned above. The Motley Fool owns shares of Apache and Devon Energy. Try any of our Foolish newsletter services free for 30 days. We Fools don't 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.