Thursday, June 4, 2015

10 Best Oil Stocks by Oil Reserves

10 Best Oil Stocks by Oil Reserves

These oil stocks have the cheapest oil reserves in the industry.
Published in: Economy & Finance

Transcript

  • 1. 10 Best Oil Stocks by Oil Reserves Source: ConocoPhillips
  • 2. Cheap Oil Using data from S&P Capital IQ, I've uncovered the 10 oil stocks that have the lowest enterprise value-to- proved oil reserves. In each case, an investor can buy an oil stock that is selling at a price that values its proved oil reserves for $20 per barrel or less. Even better, the company’s natural gas reserves are thrown in at no additional cost.
  • 3. ConocoPhillips (NYSE: COP) • Total Enterprise Value: $98.6 Billion • Proved Oil Reserves: 4.8 Billion Barrels EV-to-Proved Oil Reserves: $20.66 per barrel
  • 4. Oasis Petroleum (NYSE: OAS) • Total Enterprise Value: $4.7 Billion • Proved Oil Reserves: 235.4 Million Barrels EV-to-Proved Oil Reserves: $19.93 per barrel
  • 5. Whiting Petroleum (NYSE: WLL) • Total Enterprise Value: $11.8 Billion • Proved Oil Reserves: 643.6 Million Barrels EV-to-Proved Oil Reserves: $18.27 per barrel
  • 6. Denbury Resources (NYSE: DNR) • Total Enterprise Value: $6.1 Billion • Proved Oil Reserves: 362.3 Million Barrels EV-to-Proved Oil Reserves: $16.93 per barrel
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