Capitalizing
in the oil sector when the price of crude oil is low is a very
challenging endeavor. The recent drop in crude oil from $108 per barrel
down to nearly $42pb has pulled the share price of most oil related
companies sharply lower, thus providing exceptional investment value in
some cases.
While
the price of crude oil has recovered nearly 50% from March 2015 low
with a current oil price around $60pb, crude oil continues to be well
below the $95 per barrel 3-year average.
Junior
oil shares have seen a wave of panic selling that has many junior
shares trading at bargain prices. While this may sound great for
long-term investors, selecting the correct companies is no easy task.
Let me explain: (more)
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