Two stocks that immediately come to mind in this regard are Standard & Poor's buy-rated stocks Chesapeake Energy (CHK) and Devon Energy (DVN). Overall, 12 out of 37 analysts that cover Chesapeake have a strong buy recommendation for the stock, up one from last month. Nine out of 31 analysts have a strong buy view on Devon, also up one from last month.
One of the largest U.S. natural gas producers, Chesapeake "is resilient if nothing else," according to Morningstar analysts."The firm managed to survive near collapses in the late 1990s and 2008 in part through its knack for creative fundraising," Morningstar said in a recent research note. "We expect Chesapeake to employ similar financing methods to help fund operations going forward." As of January, Chesapeake had 90.4% exposure to natural gas and 9.6% to oil, according to a Fidelity Capital Markets report, but the company is aiming for 30% liquids exposure by the end of 2013, says Michael Kay, energy analyst at Standard & Poor's. Check out TheStreet's quote page for Chesapeake Energy for year-to-date share performance, analyst ratings, earnings estimates and much more.
Select the service that is right for you!COMPARE ALL SERVICES
Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
- Weekly roundups
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Upgrade/downgrade alerts
Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.
- Diversified model portfolio of dividend stocks
- Alerts when market news affect the portfolio
- Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
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.
- Real Money + Doug Kass + 15 more Wall Street Pros
- Intraday commentary & news
- Ultra-actionable trading ideas
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.
- 100+ monthly options trading ideas
- Actionable options commentary & news
- Real-time trading community
- Options TV