Friday, July 5, 2013

Should You Add These Energy Firms To Your Portfolio?

By Sarfaraz A. Khan
According to Robin West of PFC EnergyApache Corp (NYSE:APA), Anadarko Petroleum (NYSE:APC) and Occidental Petroleum (NYSE:OXY) are three energy firms who are on track to join the "million barrel club" - i.e. their daily production would touch at least one million barrels of oil equivalents (boepd), by 2018.
These relatively smaller exploration and production companies have typically attracted investors with their impressive growth numbers, unlike the oil majors such as ExxonMobil or Chevron who generate enormous cash flows keep their shareholders satisfied .... Read more