Oil and gas related stocks......good time to buy?

[lifeafter41]

Apart from the blue chip of semb corp or kep corp, other secondary counter with the likes of Ezra, ezion, rh petro or even vard has fallen significantly. Was looking at Ezra, though it has fallen a fair bit, down more than 60% from a year ago. Good time to pick up? Will oil prices be trending up soon? Thanks.

 

[xpo2015]

Buy low sell high. Very simple.

 

[Wunderfool]

You should have entered the market 3 months ago... but it is not too late.

There is still upside room for oil and gas stocks. Reason is that the system is still flush with liquidity... just look at China stock market... They just lower the interest rates ....

And China demand for crude oil still very strong. Govt is pumping money into infrastructure to prime up the economy.

 

[Wunderfool]

You should have entered the market 3 months ago... but it is not too late.

There is still upside room for oil and gas stocks. Reason is that the system is still flush with liquidity... just look at China stock market... They just lower the interest rates ....

And China demand for crude oil still very strong. Govt is pumping money into infrastructure to prime up the economy.

BP is good buy... if you dare... buy ESV too.

 

[winnipegjets]

Apart from the blue chip of semb corp or kep corp, other secondary counter with the likes of Ezra, ezion, rh petro or even vard has fallen significantly. Was looking at Ezra, though it has fallen a fair bit, down more than 60% from a year ago. Good time to pick up? Will oil prices be trending up soon? Thanks.

Forget about the SGX counters lah. Sure lose money one.

 

[JohnTan]

Anyone keen to buy Starburst? With ISIS still going strong, the Arabs are falling over themselves to buy guns and to train their soldiers and guards on how not to shoot themselves.

 

[dancingshoes]

you will have 2nd thought after reading this, it's not time yet to buy any oil and gas stocks. US and Arab are fighting for dominance of the oil market. if oil goes up, arab will up its output to push the price down until the oil companies in US and south america go bust.

http://www.ft.com/intl/cms/s/2/69350a3e-f970-11e4-be7b-00144feab7de.html#axzz3aA0FJEDJ


Saudi officials later explained that the policy was designed to put pressure on producers that require a higher oil price to be economic such as US shale drillers and companies operating in Brazil’s offshore fields. These they believed would be the first to collapse in a survival of the fittest as prices plunged.


The Saudi official said the price of oil had now “reached a bottom” and it “doesn’t look like it is going back”.

US shale producers would also disagree that Saudi Arabia has succeeded in squeezing them. The US oil industry has slowed down: but EOG Resources, the country’s largest shale oil producer, has forecast a return to “double-digit” production growth if the US benchmark, West Texas Intermediate, rises to $65 per barrel or higher. It is currently trading at around $61.

 

[drambuie]

Canadian OG counters are a better bet. You dont have to buy the stocks individually, just go for the related ETFs. Best of luck.

 

[dancingshoes]

what is the difference, oil glut is happening, is canadian spared, no way...

Canadian OG counters are a better bet. You dont have to buy the stocks individually, just go for the related ETFs. Best of luck.

 

[drambuie]

what is the difference, oil glut is happening, is canadian spared, no way...

Dividend yield is in excess of 10% so you can wait out the glut. See HNY.ca and HEP.ca

 

[dancingshoes]

10% yield is a lot...in current times.

Dividend yield is in excess of 10% so you can wait out the glut. See HNY.ca and HEP.ca

 

[GG789]

I think semb marine is good.
keppel corp also.

 

[lifeafter41]

I think semb marine is good.
keppel corp also.

Blue chip very ex.
Buy 1 lot kep corp, can buy 20 lot Ezra.

 

[Leongsam]

Apart from the blue chip of semb corp or kep corp, other secondary counter with the likes of Ezra, ezion, rh petro or even vard has fallen significantly. Was looking at Ezra, though it has fallen a fair bit, down more than 60% from a year ago. Good time to pick up? Will oil prices be trending up soon? Thanks.

Good time to buy is when everyone else is selling.

A good time to sell is when everyone else is buying.