Account Info
Log Out
English
Back
Log in to access Online Inquiry
Back to the Top
Energy firms are getting record profit in years: How to invest?
With the earnings released in Q2, energy firms are profiting from the record oil price. Earnings per share of $Occidental Petroleum (OXY.US)$ Show More
With the earnings released in Q2, energy firms are profiting from the record oil price. Earnings per share of $Occidental Petroleum (OXY.US)$
surged 3860% yoy, 271%, and 210% yoy in Q2 respectively.  
Some institutional investors believe the severe restraint on Capex in oil and gas and rocketing demand creates prolonged good days in the foreseeable future, and Buffett has owned more than 20% of OXY. On the other hand, some investors avoid energy stocks due to their cyclical nature.
Is now a good time to invest in energy stocks? Which one is your pick?
Leave your ideas, positions, or related P/L below, and 6 users will win 600 points for each.
Views
61K
Posts
18
Join topic
Latest
Hot
Related Stocks
  • OXY
    Occidental Petroleum
    51.540
    +1.24%
  • CVX
    Chevron
    161.630
    +0.19%
  • BP
    BP PLC
    29.520
    +1.51%