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Oil

Oil prices

Low Oil Prices in 2015 Will Make the Oil Industry Stronger

Low oil prices may have a silver lining, after all. Without a doubt, oil stocks have taken a pasting in recent months as oil prices have plunged more than 50%. But Money Morning Chief Investment Strategist Keith Fitz-Gerald, a seasoned market analyst with 33 years of experience, views such turmoil not with dread, but optimism. […]

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Oil Prices

Today's Oil Prices Spell Profit for These Energy Players

Getting started this year took a bit longer than usual.

When I returned home from the Bahamas, I had to hook up an entirely new system of computers and peripherals. To top it off, everything is in a new version of Windows.

Talk about a monopoly! After a few beers, I would be happy to tell you what I really think of it.

Finally, things are now getting back to normal.

Of course, the oil price "Grinch" is still with us. He outstayed his welcome weeks ago, but with the shorts still driving oil prices lower he's decided to extend his stay.

And as the first two trading sessions this week have shown, the instability in the energy sector remains as well.

But as I'll show you, it's not all bad news.

For one portion of the industry, lower oil prices actually mean higher profits...

Oil

Oil Prices Today Still Near Five-Year Lows

Oil prices today (Wednesday) edged up slightly after dipping to their lowest levels since April 2009 on Tuesday.

Early Wednesday, WTI oil prices dropped below $47 a barrel, their lowest level in more than five years. But at 9:45 EST, the U.S. benchmark rose to $48 for February delivery.

Here's why crude oil prices were on the rise this morning and where they are headed now...

Energy Investing

Oil Stocks to Buy Now That Prices Are Low

Big-name oil stocks have taken a beating since June.

ExxonMobil Corp. (NYSE: XOM) is down 12.6% in the last seven months. Other oil giants like Chevron Corp. (NYSE: CVX) and ConocoPhillips (NYSE: COP) are down 18% and 22.8% in the same time.

But according to Money Morning's Chief Investment Strategist Keith Fitz-Gerald, the fall won't last forever.

And these stocks will be the biggest winners when oil prices start rebounding...

Stocks to buy

Northern Oil and Gas Inc. (NYSE: NOG) Is Our "Unloved" Stock Pick of the Week

Money Morning's "unloved" pick of the week is oil and gas explorer and producer Northern Oil and Gas Inc. (NYSE: NOG).

An unloved investment is one that's been beaten down – but is actually a great value. Investors then get an amazing entry point into a good long-term investment.

With the recent plunge in oil prices, Money Morning Chief Investment Strategist Keith Fitz-Gerald has been on the lookout for beaten-down bargains. And he believes NOG stock fits the bill.

A closer look at Northern Oil and Gas stock shows why it's tremendously oversold...

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