Who Will Oil Companies Buy?

  • Posted by
  • on May 19th, 2008

1. Oil Companies are having record profits.

2. BUT – It’s getting harder to find, drill for and employ people to do so .

3. They don’t want to give it back to you.

4. Management wants to protect their jobs and their families.

I think they will start buying companies in record numbers soon.

So, who will it be and that’s where you need to start placing bets for the next 10 years.

Lately, it looks like solar stocks are for real again. It will be interesting to see if that run continues and if a big bid is coming from an old line energy coming to really legitimize the run. Maybe they just buy banks and countries. Anything is possible.

The information in this blog post represents my own opinions and does not contain a recommendation for any particular security or investment. I or my affiliates may hold positions or other interests in securities mentioned in the Blog, please see my Disclaimer page for my full disclaimer.

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