Dicker: Expect Weak Earnings in Strong Exploration and Production Shale Stocks
E&P energy companies have rewarded investors in recent quarters with strong earnings reports, but Dan Dicker warns investors that these stocks may post a weak quarter this earnings season.
Exploration and production energy companies have rewarded investors in recent quarters with strong earnings reports, but TheStreet senior contributor Dan Dicker tells Joe Deaux that he is warning investors that these stocks may post a weak quarter during this earnings season. Dicker says E&P names are too hot right now and are overvalued. However, Dicker says he wants to continue piling into natural gas stocks, saying valuations are at generational lows.
