Opportunities from Arab turmoil

Posted by dras on February 23, 2011 (10:33PM)

Im interested in ideas for stocks/indexes to buy from the Arab turmoil? What are ideas of Oil indexes such as SCO or ROYL?

It may be self evident, but I get a feeling that oil stocks should be a smart move right now..

Any other ideas? I'm mainly interested in indexes to spread any kind of risk.

Thanks

Posted by bwasson on February 23, 2011 (11:12PM)

EGPT Might be one to watch. But there doesn't seem to be a great deal of movement. When looking at oil, keep in mind that companies like BP, Eni, and Exxon have billions tied up in Libya, so if Qaddafi is ousted, and instability continues, those investments are being put at great risk. 

Posted by gapup on February 23, 2011 (11:33PM)

Bankers Petroleum

Posted by shaleoil24 on February 24, 2011 (02:14AM)

look at small cap E & P's.  SD, EXXI, MHR, AXAS, GEOI.  There are so many names out there that will run up hard if oil stays around $100 or goes above.  A lot of these companies have hedged a percentage of their production in the $80's, so anything beyond that and they're basically going to trade past analyst targets.

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