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Next Two Weeks Will See Many Of The Largest Energy Companies Reporting Earnings
@Maurice: Based on the positive earnings outlook contained in your linked article, which sub-sector of energy should we purchase ? Or would we be better off buying individual energy stocks. Which mutual funds, or ETFs do you recommend. Regards, Ted # 1: Integrated # 2: Equipment and Services # 3: Exploration & Production # 4: Pipelines
@Maurice: Thank for your imput. Earnings aside, I'm still negative on the sector, XLE for example has been in the red for the last five years. Regards, Ted
Price action is negative as Ted mentioned. Dividend action, at least in the MLP entities I own, has been steady and rising. No complaints, I know the cycle.
I also think sector funds like Chemicals (FSCHX) serve investors well as petrochemicals are the feed stock (material) for many more products than merely fuel (Energy).
The chemicals industry, which directly touches more than 96 percent of all manufactured goods, is taking full advantage of the American shale revolution.
Comments
Regards,
Ted
# 1: Integrated
# 2: Equipment and Services
# 3: Exploration & Production
# 4: Pipelines
Regards,
Ted
Energy/Natural-Gas/US-Shale-Just-Triggered-A-Chemical-Industry-Renaissance