23 Oil Industry Names to Avoid

by Louis Navellier | April 20, 2013 10:00 am

23 Oil Industry Names to Avoid

I couldn’t have planned it better. The day after I highlighted Midwest refiners as a bright spot in the energy sector, many of them rebounded. The fact remains that global demand for oil is on the rise and there is long-term profit potential supporting many North American oil and gas companies.

But that’s not to say that you should go out and load up on any and all energy stocks. Despite the catalysts that are bolstering profits for many companies, some household names have missed the boat. In fact, you may be surprised to find out that some of the biggest names in energy are actually more trouble than they’re worth. To help keep you focused on the best profit opportunities around, here are 23 companies that you’ll want to steer clear of.

Symbol Company Name Quantitative Grade Fundamental Grade My Recommendation
APA[1] Apache F D Strong Sell[2]
APC[3] Anadarko Petroleum D C Sell[4]
BP[5] BP F C Sell[6]
CHK[7] Chesapeake Energy D C Sell[8]
CIE[9] Cobalt International Energy D C Sell[10]
CNQ[11] Canadian Natural Resources F D Strong Sell[12]
CVE[13] Cenovus Energy F D Strong Sell[14]
DVN[15] Devon Energy F D Strong Sell[16]
E[17] ENI S.p.A. D D Sell[18]
EC[19] Ecopetrol S.A. F C Sell[20]
ECA[21] Encana D D Sell[22]
MRO[23] Marathon D D Sell[24]
OXY[25] Occidental Petroleum F C Sell[26]
PBR[27] Petrobras Petroleo Brasileiro F D Strong Sell[28]
PTR[29] PetroChina F C Sell[30]
PXD[31] Pioneer Natural Resources D D Sell[32]
RDS.A[33] Royal Dutch Shell PLC F C Sell[34]
SE[35] Spectra Energy D D Sell[36]
SSL[37] Sasol Ltd. F C Sell[38]
STO[39] Statoil ASA F C Sell[40]
SU[41] Suncor Energy F D Strong Sell[42]
TLM[43] Talisman Energy F D Strong Sell[44]
WPZ[45] Williams Partners D D Sell[46]

 

Endnotes:
  1. APA: http://studio-5.financialcontent.com/investplace/quote?Symbol=APA
  2. Strong Sell: http://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?t=APA
  3. APC: http://studio-5.financialcontent.com/investplace/quote?Symbol=APC
  4. Sell: http://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?t=APC
  5. BP: http://studio-5.financialcontent.com/investplace/quote?Symbol=BP
  6. Sell: http://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?t=BP
  7. CHK: http://studio-5.financialcontent.com/investplace/quote?Symbol=CHK
  8. Sell: http://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?t=CHK
  9. CIE: http://studio-5.financialcontent.com/investplace/quote?Symbol=CIE
  10. Sell: http://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?t=CIE
  11. CNQ: http://studio-5.financialcontent.com/investplace/quote?Symbol=CNQ
  12. Strong Sell: http://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?t=CNQ
  13. CVE: http://studio-5.financialcontent.com/investplace/quote?Symbol=CVE
  14. Strong Sell: http://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?t=CVE
  15. DVN: http://studio-5.financialcontent.com/investplace/quote?Symbol=DVN
  16. Strong Sell: http://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?t=DVN
  17. E: http://studio-5.financialcontent.com/investplace/quote?Symbol=E
  18. Sell: http://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?t=EBAY
  19. EC: http://studio-5.financialcontent.com/investplace/quote?Symbol=EC
  20. Sell: http://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?t=EC
  21. ECA: http://studio-5.financialcontent.com/investplace/quote?Symbol=ECA
  22. Sell: http://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?t=ECA
  23. MRO: http://studio-5.financialcontent.com/investplace/quote?Symbol=MRO
  24. Sell: http://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?t=MRO
  25. OXY: http://studio-5.financialcontent.com/investplace/quote?Symbol=OXY
  26. Sell: http://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?t=OXY
  27. PBR: http://studio-5.financialcontent.com/investplace/quote?Symbol=PBR
  28. Strong Sell: http://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?t=PBR
  29. PTR: http://studio-5.financialcontent.com/investplace/quote?Symbol=PTR
  30. Sell: http://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?t=PTR
  31. PXD: http://studio-5.financialcontent.com/investplace/quote?Symbol=PXD
  32. Sell: http://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?t=PXD
  33. RDS.A: http://studio-5.financialcontent.com/investplace/quote?Symbol=RDS.A
  34. Sell: http://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?q=RDS.A&submit=submit&type=site
  35. SE: http://studio-5.financialcontent.com/investplace/quote?Symbol=SE
  36. Sell: http://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?q=SE&submit=submit&type=site
  37. SSL: http://studio-5.financialcontent.com/investplace/quote?Symbol=SSL
  38. Sell: http://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?q=SSL&submit=submit&type=site
  39. STO: http://studio-5.financialcontent.com/investplace/quote?Symbol=STO
  40. Sell: http://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?q=STO&submit=submit&type=site
  41. SU: http://studio-5.financialcontent.com/investplace/quote?Symbol=SU
  42. Strong Sell: http://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?q=SU&submit=submit&type=site
  43. TLM: http://studio-5.financialcontent.com/investplace/quote?Symbol=TLM
  44. Strong Sell: http://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?q=TLM&submit=submit&type=site
  45. WPZ: http://studio-5.financialcontent.com/investplace/quote?Symbol=WPZ
  46. Sell: http://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?q=WPZ&submit=submit&type=site

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