Avoid These Energy Stocks if the Economy Takes a Turn for the Worst
The media has been telling us that the recession has ended, and we are now moving upward to bigger and better things. Despite this hopeful outlook, we have yet to see any major changes in the economic status of our country. Why not prepare your portfolio if the economy takes another down turn. You can never be too prepared, and Parsimony Investment Research believe that these are the energy stocks to steer clear of if this occurs.
"Anadarko Petroleum Corporation (APC) engages in the exploration and production of oil and gas properties primarily in the United States, the deepwater of the Gulf of Mexico, and Algeria. It markets natural gas, crude oil, condensate, and oil and natural gas liquids (NGLs), as well as owns and operates natural-gas gathering, processing, treating, and transportation systems.
Baker Hughes Incorporated(BHI) supplies wellbore related products, and technology services and systems for drilling, formation evaluation, completion and production, and reservoir technology and consulting to the oil and natural gas industry worldwide. It also provides products and services to the downstream refining, and process and pipeline industries.
Cabot Oil & Gas Corporation (COG) operates as an independent oil and gas company in the United States. The company engages in the development, exploitation, exploration, production, and marketing of natural gas, crude oil, and natural gas liquids. It holds reserves in north region comprising Appalachian and Rocky Mountains areas; and south region consisting of Anadarko basin with Texas and Louisiana areas. The company also transports, stores, gathers, and purchases natural gas for resale."
Find the other stocks here: http://turnkeyoil.com/2011/07/13/avoid-these-energy-stocks-if-the-economy-takes-a-turn-for-the-worst/