2 Permian Basin Oil Stocks For A Down Market

This article was first published by Seeking Alpha on December 30, 2014.

By Sarfaraz A.Khan

The 48% drop in WTI oil prices over the last six months has threatened the future prospects of several oil producers, but Diamondback Energy (NASDAQ:FANG) and  Energen (NYSE:EGN), two Permian Basin operators, are in a good position to weather a downturn. 

Energen Hedges Bet In Difficult Oil Pricing Environment

This article was originally published by TheStreet on October 22, 2014. 

By Sarfaraz A. Khan. Research Asst: Daniel L. 

NEW YORK (TheStreet) -- Energen  (EGN)  will likely miss Wall Street's cash flow and oil production estimates when it reports its third quarter results next week, but investors shouldn't be concerned. That's because the Alabama-based energy company is actually better positioned to defend itself against slumping oil prices than its competitors and has plans for growth.