Set Your TV on August 27, 2017 For Sunday Morning Weekend Today in Central NY on NBC 3

OIL STOCKS HAVE UNDERPERFORMED THIS YEAR SHOULD YOU BUY OR SELL THEM?

• Energy stocks will continue to be a volatile sector so what is your time frame to own them?
  
  

REASONS TO BUY:

• Oil stocks pay attractive dividends which are quite compelling compared to investment alternatives
• There is consolidation in the industry in order to lower debt and increase efficiency
• Bankruptcy rates among the oil companies are declining.
• Oil prices appear to have stabilized between $40 to $50 a barrel
• Averaging your cost basis
  
  

REASONS TO SELL:

• There are record supplies of oil and the U.S. continues to produce additional output
• There is an abundance of oil worldwide
• Investors sentiment is very negative
• Oil stock prices may underperform for the next 3-5 years unless demand increases and supplies are reduced
• Oil companies estimated earnings may continue to decline and stock prices may drop further