12-15-2014, 02:45 PM
(12-15-2014, 12:49 PM)hendi_alex Wrote: Why not choose from a diverse mix in the energy sector? By choosing from COP. OXY, or CVX you are limiting the investment only to big integrated companies. I prefer to add broader exposure plus would like to include some small and mid cap exposure. My SDRL shares just represent about 1.5% of the overall energy play. The biggest positions are COP, TNK, KMI. My two individual picks in the rig lease area are ESV and SDRL. I consider SDRL to give the greater risk as well as the greater potential gain but the weighting is only 1/3 that of ESV which has a much healthier balance sheet.
That makes sense, I agree with your thoughts on ESV vs. SDRL.
Some of the Bakken names likes CLR, WLL and OAS are down huge as well. They don't pay dividends but are the bigger players in the basin and could be great spec. plays once oil turns back around.