CLR and EOG recommended by Cowen & Co.

dan_s · Post by **dan_s** » Tue Jan 02, 2018 2:49 pm

If you believe oil prices are going higher, then you want to own stock of companies that have a lot of unhedged oil. Read this.

https://www.bloomberg.com/news/articles ... nd-to-gain

At least 60 percent of next year’s crude output has been hedged, more than in previous years, according to RBC Capital Markets LLC. The result: Rising crude prices will boost the profile of companies with fewer hedges, according to a report by Cowen & Co. Among the winners: EOG Resources Inc., Anadarko Petroleum Corp., and Continental Resources Inc., the note said.