Way off topic

Stan in Oly, WA · Sep 25, 2015

It may seem to make no sense to ask this question here, but I'm going to because of the great amount of common sense here, and because nobody here would have a reason to tailor their answer to fit their own needs. What stock, or similar item would be most directly related to the price of oil? I'm not interested in commodities trading, options, or anything fancy. It just seems like this would be a good time to buy something in that category. If I knew of any stock where the price of a share was always the same as the price of a barrel of oil, I'd buy that. I don't believe the world is quite done using oil, yet.

Stan

dr sportster · Sep 25, 2015

Here is a link to XOM , which is Xmob , which is Exxon Mobil. Seems to be somewhat horizontal.
Untitled URL Link

dr sportster · Sep 25, 2015

Maybe this helps too. Seems to recommend Xom as a good buy right now.
Untitled URL Link

notjustair · Sep 25, 2015

Fertilizer always follows the oil trends. Look into some of the companies that produce fertilizers in large quantities for ag use. It's not a for sure thing - they seem to have gapped more this go around, but they usually go together from what I have seen.

MarkB_MI · Sep 26, 2015

Well, if you're looking for stocks that closely follow the price of oil, oilfield service and exploration companies would be a good place to start:

<a href="http://finance.yahoo.com/echarts?s=BHI+Interactive#{%22range%22:%2210y%22,%22allowChartStacking%22:true}">Baker-Hughes (BHI)</a>
<a href="http://finance.yahoo.com/echarts?s=HAL+Interactive#{%22range%22:%2210y%22,%22allowChartStacking%22:true}">Halliburton (HAL)</a>
<a href="http://finance.yahoo.com/echarts?s=SLB+Interactive#{%22range%22:%2210y%22,%22allowChartStacking%22:true}">Schlumberger (SLB)</a>
<a href="http://finance.yahoo.com/echarts?s=NBL+Interactive#{%22range%22:%2210y%22,%22allowChartStacking%22:true}">Noble Energy</a>

Of course, betting on the long-term price trend of any commodity is risky business. The Wall Street boys have better information and will make their move long before you and I have a clue. Putting your money in an S&P 500 Index fund is a much safer approach for the individual investor.

LAA · Sep 26, 2015

The last thing you want right now are oilfield service companies or Drillers, they are always third to fourth in line to benefit from oil price increases and the first to suffer when oil crashes, large and mid cap independent oil companies will be where the real money is made in the next couple of years with majors making large percentage gains. There are many oil ETF's that trade up or down on the price of oil, these funds are volitile and subject to day trader manipulation, if you trade any of a these funds you need to be on your toes at all times. But speaking oil in broad terms there will be many millionaires made when oil rebounds because of I nvesting in solid companies, oil related stocks in general are down 30-70 percent since one year ago, oil is a commodity, it will rebound but no one knows when. I would recommend finding an investment adviser whom has a proven track record in oil field investing and knows which independents and major oil companies are hedged enough to ride out the down trend.

Dr. Walt · Sep 27, 2015

The one thing everyone seems to forget, is the PIPELINE Companies. Pipelines are required to transport the commodity, irregardless of whether it's Crude, Gasoline, Natural Gas, Diesel, or other refined products, from the oil fields to the refineries to the distribution centers (tank farms). So if I were looking for someplace to make an investment that didn't fluctuate with the price of Oil, it would be with the pipeline companies.

Owen Aaland · Sep 27, 2015

(quoted from post at 02:48:53 09/27/15) The one thing everyone seems to forget, is the PIPELINE Companies. Pipelines are required to transport the commodity, irregardless of whether it's Crude, Gasoline, Natural Gas, Diesel, or other refined products, from the oil fields to the refineries to the distribution centers (tank farms). So if I were looking for someplace to make an investment that didn't fluctuate with the price of Oil, it would be with the pipeline companies.

Unless there are no pipelines (North Dakota ring a bell?) and you control the railroad instead.

JRSutton · Sep 29, 2015

Oil ETFs - they're not particularly fancy - just be aware that your taxes might get a little more complicated with them. If you have an accountant do them anyways, not a big deal.

Spudm · Sep 30, 2015

I would look into TransCanada stock. Not only are they into natural gas & oil, but solar & wind power too. A company that's been around for many decades and worth billions.

Andy Martin · Oct 2, 2015

Among drillers, Helmerich & Payne (HP) has the Flex Rig and has not suffered as much as Nabors. H&P makes their own rigs. They go up and down with the price of oil, as you asked.

Oil companies which produce only, such as ConocoPhillips (COP), depend directly on the price of oil. Their value goes with oil.

Integrated oil companies, XOM (already mentioned), Marathon, etc. retail and the price spread between crude and product has been high, making them look good during the decline. They didn't fall as far nor will they rise as much.

Refiners, Phillips66 (P66), have benefited from the price spread so have only fallen in general market hysteria.

Key: you need to know the business lines of any stocks you buy if you want to maximize returns when the price of oil comes back.

Way off topic

Stan in Oly, WA

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dr sportster

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dr sportster

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notjustair

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MarkB_MI

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LAA

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Dr. Walt

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Owen Aaland

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JRSutton

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Spudm

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Andy Martin

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