Expert Roundtable: 4 Energy Stocks Benefitting From Low Oil Prices
Low oil prices are hurting oil production companies, many of which are spending more to pump oil than they are getting for it. They're also likely to hurt alternative fuel companies, which are less attractive when gasoline is cheap. So, when oil prices are this low, does anyone win?
We asked four Motley Fool energy industry contributors if there were any stocks in the sector that would actually benefit from the current situation. They came back with Frontline (NYSE: FRO), Brookfield Asset Management (NYSE: BAM), Phillips 66 (NYSE: PSX), and Casey's General Stores (NASDAQ: CASY).
Here's why they expect these stocks to benefit from oil prices at these levels.
Source Fool.com
