March 21, 2013: last night, Jim Cramer had long positive interview with Sanchez CEO; here was MDW post on subject;
Original PostCramer's favorite oil and gas stocks.
Will be posted at "Top Ten" list at sidebar at the right.
Knowing Jim Cramer, this list will be changed faster than a baby's dirty diaper.
2. Baker Hughes
4. Marathon Oil
5. Weatherford International
6. Continental Resources (reports an outstanding 2Q11, and the share price plummets 14% today)
7. Energy Transfer Partners
8. Ensco International
9. Buckeye Partners
10. Core Labs
11. MarkWest Energy Partners
12. Copano Energy
13. Cheniere Energy
I expect the list to change periodically.
Except for Marathon Oil and Continental Resources, the companies are all oil service companies or pipelines.
The top three are my long term favorites. I got out of MRO years ago because of refining exposure; since then MRO has spun off (or separated) its downstream (refinery) from upstream (E&P).
With increasing talk of new taxes on oil and gas companies, I have opined that it may be wiser to invest in oil service companies and pipelines rather than in oil and gas exploration and production companies. Apparently Jim Cramer thinks the same thing.
I don't follow several of the others.