2 Energy Stocks That Are Bargains After Significant Sell-Offs

By Bret Jensen:Despite oil stubbornly stuck at $100 and increasing saber rattling from Iran, energy stocks continue to have low valuations especially given their growth prospects. Here are two I like at current price levels.

By Bret Jensen:Goldman Sachs listed its top 40 most undervalued stocks the other day. At the top of the list was Marathon Petroleum (MPC), which Goldman stated had more than 55% possible upside.

By Bret Jensen:The last three months have not been kind to the energy sector. The energy ETF (XLE) is down some 25% since its recent highs during the summer.

By Bret Jensen:Energy stocks continue to be volatile and have had a rough few months on declining oil prices and the continued low price for natural gas. However, lots of stocks in the space are offering investors great long term entry points. One cheap stock that is way below analysts' price targets and has great long lived assets is Whiting Petroleum (WLL).

By Rash Menaria: Goldman Sachs (GS) group manages over $100 billion in equities, primarily through its asset management subsidiary, Goldman Sachs Asset Management. The following is a list of top low PE stocks which Goldman Sachs is holding, according its latest 13F filing with SEC.

By Bret Jensen:Northern Oil & Gas (NOG) finally got some love from analysts late last week. Down some 40% from its highs earlier in the year, NOG was upgraded from "Accumulate" to "Buy" at Global Hunter Securities. It also upped its price target to $27 a share.

By Bret Jensen:Stocks in the energy sector have been taken out to the woodshed over the last few months as oil prices have fallen substantially. It is tough for investors to catch a falling knife, but it could be prudent to start accumulating small positions in some small operators that have great long term prospects. I especially like energy producers whose management is starting to step and buy new shares in their companies.

Bret Jensen submits:With the pullback in oil prices, the energy sector has had a significant selloff and bargains are starting to become apparent. Here are three stocks involved in the energy industry that have sold off and are worth considering at these levels.