While we may be in the later innings of the long-oil/short-gas trade, we believe we are not yet in the bottom of the ninth. We believe well-capitalized operators with sufficient scale in oil basins and/or optionality on natural gas should continue to outperform.
We reiterate Energen and Pioneer Natural Resourcesas our top large-cap picks, and Oasis Petroleum as our top small-cap pick.Thousands of energy companies from which to pick out there, and obscure little ol' Oasis gets picked up by at least one analyst as "our top small-cap pick."
Disclaimer: this is not an investment site. I simply aggregate obscure (my word for the day) news stories while waiting for real news to break.
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