Paul J Singh

Energy stocks having been on fire. While it’s too early to tell, I suspect we may be in the midst of resuming a multi-year energy bull market. I certainly don’t want to miss the boat if this is true, so I skipped my usual Saturday nap (after playing tennis or basketball) and reviewed over 300 energy charts. Here are the top 30 energy stocks that I will be watching in the near future, along with my entry point notes (pb means pullback and bo means breakout).

Oil Drillers:
PDE – pb 30
ATLS – pb 54
GSF – pb 60 or bo 63
HP – pb 29
RIG – pb 80 or bo 83
ESV – pb 52
ATW – pb 52
PKD – pb 9

Oil Refining:
SVN – pb 69-70
HOC – pb 57-58
HES – bo 56
WNR – very extended
DK – pb 17

Oil Pipelines:
KMP – pb 51
TPP – pb 42-43
PAA – pb 56

Oil Equipment:
SPN – pb 32
SII – pb pb 44-46
NOV – pb 67-72
CAM – pb 58
GMRK – pb 40
TESOF – pb 22

Major Oil:
TOT- now, trendline tag
E – now, trendline tag
XOM
CVX

Independent Oil:
COG – pb 65
DVN – pb 64

In the coming days, possibly tomorrow or Monday, I’ll post some of the better looking charts.