Many energy stocks trade "near liquidation value," and the group is valued at "trough" levels,...

|By:, SA News Editor

Many energy stocks trade "near liquidation value," and the group is valued at "trough" levels, some analysts say, as the price ratio of energy stocks relative to the S&P 500 is near lows reached at the 2009 market bottom and in 2010-11. Among favorites: CVX, XOM, RDS.A, APA, APC, HES, HAL, SLB. Avoid gas-oriented issues such as CHK, SWN, ECA.