Saturday, December 20, 2014

Four Safe Oil Stocks to Buy Today: DRQ, PSI.TO, DMLP, WPT

Oil stocks are down big over the past few months... and that has many investors looking to buy.
 
But if you buy the wrong ones, you could lose a lot of money. As we've shown you before, even many giant, well-known oil stocks have more room to fall.
 
Today, I'll show you several ways to find a safe, stable company in the oil sector. And four stocks that should weather the turbulence in the oil market well...
 
As regular Growth Stock Wire readers know, oil prices have collapsed. The price of West Texas Intermediate (WTI) crude oil is down nearly 50% from its June high. And the decline in oil prices has destroyed oil stocks.
 
For example, Bakken producer Continental Resources is down 55% over the past four months. Shale producer Halcón Resources peaked at $7.50 in July. Today it trades near $2. (more)

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