NewEnergyNews: ENERGY FUNDS: RATINGS FROM TheStreet

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  • MONDAY’S STUDY AT NewEnergyNews, April 12:
  • SoCalEdison’s Newest Plan To Mitigate Wildfires

    Thursday, March 29, 2007

    ENERGY FUNDS: RATINGS FROM TheStreet

    Ratings: Energy and Natural Resource Funds
    Kevin Baker, March 24, 2007 (TheStreet.com)

    WHO
    Recommendations come from Kevin Baker, senior financial analyst at TheStreet.com

    WHAT
    - Recommended investments: The ProFunds Oil & Gas UltraSector ProFund (largest holdings: Exxon Mobil, Chevron, ConocoPhillips, Schlumberger), Todco, Pride International, Gastar Exploration (in Fidelity Select Natural Gas Portfolio), PowerShares Dynamic Energy Exploration & Production Portfolio (containing Alon USA Energy, Western Refining, Rosetta Resources).
    - Loser: Halliburton

    WHEN
    Recommendations made March 24, 2007.

    WHERE
    For charts, click the link.

    WHY
    The globe is warming, energy markets are heating up, gasoline stockpiles are declining, summer driving season is approaching, interest rates may moderate.

    QUOTES
    Human beings may be causing the Earth to warm, but the inconvenient truth is that we are also causing the run-up in energy prices.

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