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  • Upside Potential in 13 Energy Stocks 0 comments
    Apr 19, 2011 11:09 AM | about stocks: BP, CNX, CWEI, DVN, HES, MEE, MMR, RIG, SD, SLB
    We have been trying to give you a heads up about energy stocks that are expecting some upside in future. In our article, “Current Energy Companies with Upside Potential,” we provided you with a long chart full of upward moving energy stocks. In this article, we are going to narrow those down for you, and just look at the most favored of those stocks. Hopefully this will help you to make a better educated  choice drawing from the previous chart.
    BP p.l.c. (BP) – provides fuel for transportation, energy for heat and light, retail services, and petrochemicals products. Its Exploration and Production segment engages in the oil and natural gas exploration, field development, and production; midstream transportation, and storage and processing; and marketing and trading of natural gas, including liquefied natural gas, and power and natural gas liquids. This segment has exploration and production activities in Angola, Azerbaijan, Canada, Egypt, Norway, Russia, Trinidad and Tobago, the United Kingdom, and the United States, as well as in Asia, Australia, South America, North Africa, and the Middle East. BP has outstripped the S&P’s 52-week return by 157.37%. The company is trading below analyst’s estimates. BP has a median price target of $55 by 8 brokers and a high target of $65. On Dec 14, 2010 Jefferies initiated coverage on the company with a Hold rating. Please review the illustration for BP’s summary and key statistics.




    CONSOL Energy Inc. (CNX) – Engages in the production of multi-fuel energy and provision of energy services primarily to the electric power generation industry in the United States. CNX has outstripped the S&P’s 52-week return by 157.63%. The company is trading below analyst’s estimates. CNX has a median price target of $59 by 19 brokers and a high target of $72. On Dec 20, 2010 FBR Capital upgraded the company from Mkt Perform to Outperform. Please review the illustration for BP’s summary and key statistics.



    Read the entire article here: http://turnkeyoil.com/2011/04/18/upside-potential-in-13-energy-stocks/

    Themes: Oil and Gas Stocks Stocks: BP, CNX, CWEI, DVN, HES, MEE, MMR, RIG, SD, SLB
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