7 Oil and Gas Stocks to Buy Now

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Seven Oil and Gas stocks are moving up in their overall rating this week, according to the Portfolio Grader database. Every one of these is graded an “A” (“strong buy”) or “B” overall (“buy”).

Ship Finance International (NYSE:SFL) ups its rating to a B (“buy”) this week after earning a C (“hold”) in the week before. Ship Finance International is engaged mainly in the ownership and operation of vessels and offshore-related assets. In Portfolio Grader’s specific subcategories of Earnings Growth, Earnings Momentum, Earnings Surprise, and Equity, SFL also gets A’s. The stock currently has a trailing PE Ratio of 7.90. For more information, get Portfolio Grader’s complete analysis of SFL stock.

Chesapeake Midstream Partners (NYSE:CHKM) boosts its rating from a C to a B this week. Chesapeake Midstream Partners owns, operates, develops, and acquires natural gas, natural gas liquids, and oil gathering systems, as well as other midstream energy assets in the United States. For more information, get Portfolio Grader’s complete analysis of CHKM stock.

The rating of Enbridge (NYSE:ENB) moves up this week, rising from a C to a B. Enbridge is in the business of transportation and distribution of crude oil and natural gas primarily in Canada and the United States. For more information, get Portfolio Grader’s complete analysis of ENB stock.

Energy Transfer Equity (NYSE:ETE) earns a B this week, jumping up from last week’s grade of C. Energy Transfer Equity owns equity interests in Energy Transfer Partners, a limited partnership involved in the natural gas midstream, transportation, and storage business, as well as a retail propane business. The stock has a dividend yield of 2.5%. For more information, get Portfolio Grader’s complete analysis of ETE stock.

This week, Ultrapar Participacoes’ (NYSE:UGP) ratings are up from a C last week to a B. Ultrapar Holdings operates in the segment of liquefied petroleum gas (LPG) distribution, light fuel & lubricant distribution, and related business in Southern and Southeastern Brazil, production and marketing of chemicals, and provision of integrated logistics solution services for special bulk cargo. For more information, get Portfolio Grader’s complete analysis of UGP stock.

PAA Natural Gas Storage (NYSE:PNG) shows solid improvement this week. The company’s rating rises from a C to a B. PAA Natural Gas Storage acquires, operates, develops, and manages natural gas storage facilities. For more information, get Portfolio Grader’s complete analysis of PNG stock.

This week, Alon USA Energy (NYSE:ALJ) is making solid headway. The company’s rating improves to an A (“strong buy”) from last week’s B (“buy”) rating. Alon USA Energy is an independent refiner and marketer of petroleum products operating mainly in the South Central, Southwestern and Western regions of the United States. The stock price has risen 6.7% over the past month, better than the 0.3% the S&P 500 has seen over the same period of time. For more information, get Portfolio Grader’s complete analysis of ALJ stock.

Louis Navellier’s proprietary Portfolio Grader stock ranking system assesses roughly 5,000 companies every week based on a number of fundamental and quantitative measures. Stocks are given a letter grade based on their results — with A being “strong buy,” and F being “strong sell.” Explore the tool here.


Article printed from InvestorPlace Media, https://investorplace.com/2012/11/7-oil-and-gas-stocks-to-buy-now-sfl-chkm-enb/.

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