Posts Tagged "oil stocks"

WLL trade for 6/27 – 6/28/2016

Posted By on Jun 28, 2016 | 0 comments

Oil was getting hammered due to Brexit fears and a rising dollar. $WLL (Whiting Petroleum stock) declined -31% the past 3 days and decided to start bottom picking this E&A name on short-term oversold conditions. $WLL has de-levered its balance sheet and is now considered a good strong oil services name in our opinion making it a great overnight swing candidate. The stock market opened up nicely today and we sold out of the position...

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CPPL trade for 3/11 – 3/17/2016

Posted By on Mar 17, 2016 | 0 comments

One of our favorite midstream oil and gas companies we like based off a stellar balance sheet is $CPPL (Columbia Pipeline LP stock). It has only a Debt/EBITDA ratio of 1.2, one of the lowest we know of in midstream oil and gas...not levered at all. The stock got hammered 2 days in a row last week and we noticed the selling all occurred in the last 30 minutes of trading. That to us signaled a forced dump by someone. We started picking...

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