What Oil Stocks To Buy

what oil stocks to buy

5 Oil And Gas Stocks To Buy For Profits In 2012 « Vatalyst

What are you looking for today?  Is it stocks that will yield you some dividends? The words "dividend" and "oil and gas" are music to many an investor's soul.  There are very few whose eyes do not light up at the mere mention of the word "dividend". It is an especially good diversion from all the doomsday talk surrounding Europe.  Even Warren Buffet is a huge fan of dividends.  Check these companies out that will give you immediate gratification in terms of additional pocket money every once in awhile.

BP plc (NYSE: BP):  The dividend yield is 3.8%.  Its close competitor Chevron Corporation (CVX) has a dividend yield of is 3%.    Priced at around $44 in a 52-week range of $33.62-$49.50, BP plc has a good earnings per share of $7.22 and a price to earnings ratio of 6.12.  Its average volume is about 6,902,960 and market capitalization is $139.66 Billion. This company is ranked highest among its peers in terms of sales and being the greenest company. With a high price target of $60 and such a solid reputation, this share is a buy for me, and a hold to pretty good buy according to other analysts.

Tool Steel O1 (Oil Hardening) Ground Flat Stock, 1/8" Thick, 1-1/2" Width, 18" Length
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Exxon Mobil Corporation (NYSE: XOM):  This company had everyone buzzing recently when it took Venezuela to the World Bank's Centre for Settlement of International disputes and Venezuelan President Chavez refused to take cognizance of the World Bank ruling, spewing out his opinion of Exxon.  Thanks to Chavez' love-hate relationship with oil companies, hopefully investors are not swayed too much by the goings-on.  Exxon's last trade was at around $84.19.  Rather close to its high in the 52-week range of $67.03-$88.23.   How much of a bang for your buck are you getting here?  A dividend yield of 2.2%.  It, too, is a large cap company with a market capitalization of $403.56 billion.  Its price to earnings ratio is 10.17 and earnings per share is $8.28.  We've only just taken a look at its strong competitor BP plc.  BP seems a better bet to me: analyst opinion in general seems to substantiate this, but only marginally so.

Tool Steel O1 (Oil Hardening) Ground Flat Stock, 3/16" Thick, 2" Width, 18" Length
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Chevron Corporation (NYSE: CVX): Its average volume is 9,165,760 and market cap is $206 billion, its dividend yield being 3%.   The latest on this company is that it struck up an offshore energy deal with Repsol and Statoil.  It has also entered into a separate deal to explore for oil in the Canadian section of the Beaufort Sea.  Surely a company of such stature will be able to offset any challenges it might face in doing so and emerge victorious.  Chevron isn't called one of Canada's major oil companies for nothing. Financial gurus seem to favor Chevron over the previous two.  Perhaps because it has a high price of $138 on its horizon…or because of its high earnings per share of $13.50 and price to earnings ratio of 7.70.   It is quite pricey right now at about $103 and way too busy as well: the analyst rating is about the same as the previous two stocks which would make this a hold to medium buy.  But really, with Chavez' face looming in the background…I will not be going shopping for Chevron in the immediate future.

Conoco Phillips (NYSE: COP):  This company will yield you a dividend of 3.6%, close to BP plc's.  Its share is doing well at around $ 70 right now, above the average mark of the 52-week range of $58.65-$81.80.  Another large cap but not so much as its three competitors we have just got better acquainted with: here we have a market capitalization of $93.83 billion.  The company chairman Jim Mulva spoke in glowing terms about Conoco's strategic progress on their 2010 plan.  He said that momentum has been gained with maintaining strong financial statements, offloading non-essential investments, rewarding their shareholders better, and investing more wisely. Encouraging news for sure, along with a high price target of $90.  The analysts are more leery about this one than its competitors, so, perhaps more results are expected as well as sustaining them before they earn increased favor with the general public.  This one does not fan my flame right now.

Total SA (NYSE: TOT):  A bit less heard of than its comrades, this stock has the highest dividend yield of the bunch, 4.9%.  Other figures aren't bad as well, price to earnings ratio of 7.24 and earnings per share of $6.78.  Its average volume is 1,364,845.  Its competitor Telefonica SA (TEF) has a dividend yield of 10.2%, but its earnings per share is $1.15 and price to earnings ratio is 14.56.

Total received coverage when it, along with Inpex Corporation (IPXHF) gave the go ahead to build the Ichthys LNG, one of Australia's priciest energy projects of $34 billion.  Total is a pretty good buy in my opinion and the gurus in general rate it on par with the preceding names.

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