In following the Oil/Energy News, it seems that each day, one of the oil companies is reporting record earnings, and that is quickly followed by analysts upgrades, which in turn causes the stock price to increase.
Although the price of oil has fallen from its recent highs, it is still well above the quarter-to-quarter average for the last three years, and there are still many oil stocks that are undervalued relative to reported, and future earnings.
If you have information on any undervalued oil company, hopefully supported by facts and figures, please share that information in this thread. |