This Day On The Street
Continue to site
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

10 Energy Stocks for 2012

NEW YORK ( TheStreet) -- Bullish sentiment is buoying the energy sector right now, and energy prices may spike next year, boosting top energy stocks.

Crude oil prices recovered 28.5% to $97.77 per barrel as of Monday, after easing to 52-week lows of $76.07 on Oct. 4.

Continued political instability in the Middle East and China's soaring demand are seen as the drivers of higher prices going forward.

Data from Zacks Investment Research show the energy sector bested all others in the third quarter, with earnings and year-over-year revenue growth of 60.06% and 32.05%, respectively.

Goldman Sachs recently resumed coverage of oil-service stocks, rating most of the stocks in the sector either conviction buys or buys. Analysts believe that land rig demand in the U.S. has entered the second-phase of a multiyear pickup.

The following 10 stocks are listed based on upside implied by average analyst price targets.

1 of 11

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

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
Stocks Under $10

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

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
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!
APC $92.65 -0.87%
APA $66.32 -2.97%
BHI $68.09 -0.41%
DVN $66.50 0.30%
HAL $48.00 -0.35%


DOW 18,080.14 +21.45 0.12%
S&P 500 2,117.69 +4.76 0.23%
NASDAQ 5,092.0850 +36.0220 0.71%

Partners Compare Online Brokers

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs