Published in Buyside
Analysts See Oil Industry as Safe Haven for Investments
Sales of gas-glugging SUVs outpace most other vehicles. The eastern U.S. shivers in the grip of one of the coldest winters in recent memory. War with Iraq grows more likely every day.
These seemingly disparate facts of American daily life all have one thing in common: They are all positive signs for investors in the oil and natural gas industries. Experts say investors haven’t yet warmed to the notion of investing in the oil and gas sector, even though the outlook is encouraging.
Companies ranging from the international “super majors” whose operations cover the entire spectrum from searching for new oilfields to filling an automobile’s gas tank to the independent firms with specialty niches like seismic data analysis that are both profitable and undervalued — still a rare combination in today’s markets. Continue reading “Drilling for Profits”