Friday, December 30, 2011

best Oil & Gas Stocks to buy january 2012

best Oil & Gas Stocks to buy january 2012 ; Oil & Gas stocks are jumping as oil trades back above $100 into January 2012. Below is a list of the top rated Oil & Gas stocks. Check out my Top Oil Stock Picks in 2012. Also, I would keep tabs on the latest developments in the Eagle Ford Shale & Bakken Shale.

ConocoPhillips (COP) - ConocoPhillips (COP) is trading back near $73. COP will have support at $65 and resistance at $75. COP is a strong buy below $65 for the long term. ConocoPhillips (COP) is active in the new emerging shale play called the Tuscaloosa Shale.

Chevron Corp (CVX) - Chevron Corp (CVX) is another oil & gas stock to buy. CVX is back trading above $108. CVX is a strong buy below $95.

Devon Energy Corporation (DVN) - Devon Energy (DVN) is trading back near $63. DVN will have resistance located at $70. DVN is a strong buy below $60.

Chesapeake Energy Corporation (CHK) - Chesapeake Energy Corporation (CHK) is trading back above $23. CHK has really ramped up in the Eagle Ford Shale & Bakken Shale over the past eight months. They have also signed a huge JV in the Niobrara Shale. CHK is now a legit USA Oil Play and is a buy below $25. Chesapeake Energy Corporation (CHK) recently did a Utica Shale multi billion dollar joint venture.

Western Refining, Inc. (WNR) - Western Refining, Inc. (WNR) is trading back above $13. WNR is a buy below $12 for a trade.

EnCana Corporation (ECA) - Encana Corp (ECA) is a great Oil and Natural Gas stock play. ECA is now trading back below $19. Look for Encana to hit Oil in the Collingwood Shale & Duvernay Shale in 2011-2012. ECA remains a strong buy below $20.

Cabot Oil & Gas Corporation (COG) - Cabot Oil & Gas Corporation (COG) has some nice oil assets around the USA and is the first company to talk about the Chainman Shale. We also recently heard about the Smackover Brown Dense, another emerging play. source daytradingstockblog.blogspot.com

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