Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.

The Default Probabilities Of Struggling Energy Stocks

Benzinga.com
0 Comments| May 23, 2015

{{labelSign}}  Favorites
{{errorMessage}}

It’s no secret that the energy sector has been hit hard by the collapse in oil prices since mid-2014. Despite a recent bounce-back in oil prices, shares of the United States Oil Fund ETF (NYSE: USO) remain more than 46 percent lower than they were priced this time last year.

Click to enlarge

Survival Of The Fittest

During any market downturn such as the one the energy sector is currently experiencing, poorly-run, inefficient and poorly-hedged companies are usually the first casualties.

While the Energy Select Sector SPDR (NYSE: XLE) has fallen more than 15 percent in the past year, many stocks in the energy sector are down 80 percent or more during that time because the market believes there is a ...

/www.benzinga.com/analyst-ratings/analyst-color/15/05/5536842/the-default-probabilities-of-struggling-energy-stocks alt=The Default Probabilities Of Struggling Energy Stocks>Full story available on Benzinga.com

Click to enlargeMore...


{{labelSign}}  Favorites
{{errorMessage}}

Comments

No comments yet. Be first to comment!

Leave a Comment

You must be logged in to be able to post a comment.

Get the latest news and updates from Stockhouse on social media

Follow STOCKHOUSE Today

Featured Company