This Day On The Street
Continue to site right-arrow
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
Stocks Under $10 with 50-100% upside potential - 14 days FREE!

10 Stocks Worse Than BP

Stocks in this article: BP TOT TSO

By Louis Navellier of InvestorPlace

NEW YORK ( TheStreet) -- Oil and fuel stock BP (BP) is shrouded in uncertainty, the butt of watercolor jokes and is stuck in a downward spiral as the Gulf of Mexico oil spill closes in on three months of economic and environmental disaster for the region. But if you think things are rough for BP shareholders, look out. There are 10 oil, gas and fuel stocks out there right now that are WORSE for you than BP.

What makes them worse? For one, their steepest declines are yet to come. BP stock is down more than 50% since the April 20 Deepwater Horizon disaster, while many of these stocks are only at the beginning of their declines. Another reason these stocks are trouble is because many investors may not have heard of these companies since they are largely small-cap stocks, and some traders could unwittingly put their money into these duds without knowing the consequences.

Then, of course, there are the specific reasons for each stock that make it a particular "dog with fleas." Take the European energy giant Total (TOT). This company has a market cap larger than BP as of this writing and some mistakenly believe that its size gives it stability. But shares are down about 16% year-to-date due to the debt trouble in the eurozone economy and it looks like these troubles will continue to hold back the stock.

Or take small-cap Texas oil stock Tesoro (TSO), which has missed earnings estimates for the last two quarters and is slumping again ahead of the second quarter reporting season. Though the companies share similar problems as the industry fights a headwind, both of these oil stocks each have their own very particular troubles right now.

As you'll see, each of these stocks has a lot working against it right now. So to steer your portfolio clear of another BP disaster, here are 10 oil and gas stocks to sell now:

1 of 3

Select the service that is right for you!

COMPARE ALL SERVICES
Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!

Markets

DOW 18,053.71 +23.50 0.13%
S&P 500 2,088.77 +6.89 0.33%
NASDAQ 4,806.8590 +33.3870 0.70%

Brokerage Partners

Rates from Bankrate.com

  • Mortgage
  • Credit Cards
  • Auto

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs