Do you guys have any good picks in the energy sector that are worth a look right now?
Sanchez Energy and Chesapeake Energy. They're traditional O&G operations. They're sitting at all time lows or near all time lows.GenericAggie said:
These are tech or traditional?
username checks outGenericAggie said:
Any emerging energy tech firms that are disrupting Schlumberger or Halliburton ?
IrishTxAggie said:Sanchez Energy and Chesapeake Energy. They're traditional O&G operations. They're sitting at all time lows or near all time lows.GenericAggie said:
These are tech or traditional?
chris1515 said:IrishTxAggie said:Sanchez Energy and Chesapeake Energy. They're traditional O&G operations. They're sitting at all time lows or near all time lows.GenericAggie said:
These are tech or traditional?
Why are they struggling? Poor execution? Bad assets? Too much debt/bad balance sheet?
CHK is still efffed.aggie028 said:
SN has $1.95B debt with $294MM ebitda
CHK has $9.97B debt with $2.22B ebitda
SWN has $4.39B debt on $1.66B ebitda
Relative to top tier performers, I'd say the first two have debt problems and SWN looks ok but not great. I haven't kept up with SWN but they were a gas company last I checked - that could be why they've traded down with gas pricing not looking too hot.