Let's see if I can provide some specific guidance. You can buy shares in integrated oil companies.
Here are some examples:
XOM, BP, COP, CVX, TOT
You can buy shares in producing companies. Here are some examples:
DVN, ECA, APA, APC
You can buy shares in refiners of oil. Here are some examples:
FTO, VLO
You can buy shares in limited partnership oil producers. Here are some examples:
PTF, PVX, ERF, PWI
The advantage of these is they pay out all of their earning in dividends.
You can also invest in an exchange traded index fund of energy shares.
Examples:
PXE, USO, VDE, XLE, XOP
USO is a pure play on the price of light sweet crude.
There are also mutual funds and exchange traded funds that you can invest in concentrate their investments in oil securites.
Examples are:
TYY, TYN, TYG, PEO, KYE, FEN, IENAX, FSTEX, UMESX, FSNGX, GAGEX, ICENX.
There are as you can ascertain many opportunities. These are the more conservative opportunities. You also have the option of investing in the futures market, but that is very risky because of the leverage. If the market goes against you, you can loose a lot of money.
2006-07-25 07:10:50
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answer #1
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answered by Anonymous
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theres an oil ETF called United States Oil (USO). If you invest in it, your money will directly follow crude oil prices. It trades like a regular stock.
2006-07-25 14:08:26
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answer #2
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answered by Anonymous
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You can buy oil futures or call options on them. You can buy stocks of oil companies or oil royalty trusts or call options on those stocks. You can buy actual oil deposits, if you have that kind of money.
2006-07-25 12:41:40
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answer #3
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answered by NC 7
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HAL is a great buy. Listen to Jim Cramers Real Money on the radio. the dude is investment genius.
2006-07-25 12:41:02
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answer #4
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answered by Chris W 3
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http://www.cftc.gov/cftc/cftcbeforetrade.htm?from=home&page=beforebasicscontent#basics
Keep in mind that when economies slow down, oil prices drop.
2006-07-25 12:34:19
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answer #5
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answered by phoephus 4
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If you're looking for investment advice on this site, you have no business even THINKING about it.
2006-07-25 12:31:28
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answer #6
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answered by MOM KNOWS EVERYTHING 7
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