2 Undervalued Oil And Gas Stocks To Buy, 3 To Avoid For Now
By Dividend Kings:When one considers an “oil and gas stock,” one's mind often directs toward the large, integrated behemoths like Exxon Mobil Corp. (XOM) or British Petroleum, PLC (BP). These types of companies handle all aspects of the petroleum business, from “upstream” exploration and production, to “downstream” refining, transporting and retailing the finished product. But many companies specialize in either upstream operations or downstream, but not both. This focus often results in a more nimble and responsive company. I will analyze five of the largest independent companies, looking for value and growth prospects.
Anadarko Petroleum Corp. (APC)
APC is a leading, independent oil and gas exploration company. Its stock was trading recently at about $80 per share, near the upper end of its 52-week range of from $85.50 to $57.11. It has a market capitalization of about $40 billion and no P/E as it has lost money. It pays an annual dividendComplete Story »