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Energy E+P Companies Are a Buy, but Be Selective on Price

Exercise caution when paying for growth with domestic oil and gas exploration and production firms.

TheStreet's Real Money contributor Dan Dicker tells Action Alerts PLUS Co-Portfolio Manager Stephanie Link he wants to own domestic oil and gas exploration and production companies if the price is right. Dicker says he is more selective before paying for growth but each play has a price where he thinks there is value. Dicker gives his entry prices for Cimarex, Noble, and Anadarko and breaks down Pioneer Natural Resources' fourth-quarter earnings report.

At the time of publication, Dicker was XXX, but positions can change at any time.

Dan Dicker has been a floor trader at the New York Mercantile Exchange with more than 25 years of oil trading experience. He is a licensed commodities trade adviser.

Dan is currently President of

MercBloc LLC,

a wealth management firm and is the author of

"Oil's Endless Bid,"

published in March of 2011 by John Wiley and Sons.

Dan Dicker has appeared as an energy analyst since 2002 with all the major financial news networks. He has lent his expertise in hundreds of live radio and television broadcasts on




US and UK and


Dan obtained a bachelor of arts degree from the State University of New York at Stony Brook in 1982.