More Topics:
5 Oil And Gas Stocks Looking For A Strong 2012
Posted February 6, 2012
We Recommend...
By Investment Underground
Like most equity sectors, oil and gas stocks have been negatively affected by softening economic conditions and the desire of many investors to move into more safe-haven investment vehicles. Oil and gas stocks generally move with the overall equity market as demand is driven largely by consumer confidence and spending. In my analysis of the oil and gas industry I found five key players that are benefiting from a low interest rate environment and are poised to produce strong gains in the coming quarters.
Chesapeake Energy Corporation (CHK)
Although Chesapeake Energy has experienced large swings in price over the past year, I believe the stock is a good value at its current trading price around $22. With strong results from drilling operations in eastern Ohio and Pennsylvania in 2011, the company maintains a low payout ratio of 17%, pays a dividend of 1.70% and offers the potential for strong capital gains as it remains relatively inexpensive and the natural gas industry figures to play a large role in the future growth of the global economy. READ FULL ARTICLE HERE
blog comments powered by