Top 3 Energy Picks for 2018

[Marina Schwarz + 1,576]

Let's hear it from the traders: What are your top 3 energy industry picks for 2018? My (non-trader) ones would be Total, Shell, and Statoil.

[JohnAtronis + 78]

My pick would be the less obvious ones. Like Noble Energy. Its shale business has been growing like crazy this year. Oil output was up 25% last quarter -- 5% higher than expectations. Also, its cash flow per barrel rose 50% over the past year

 

 

 

[Stephen + 67]

Just now, JohnAtronis said:

My pick would be the less obvious ones. Like Noble Energy. Its shale business has been growing like crazy this year. Oil output was up 25% last quarter -- 5% higher than expectations. Also, its cash flow per barrel rose 50% over the past year

 

 

 

Still, Noble's stock is down nearly 30% this year.

[JohnAtronis + 78]

1 minute ago, Stephen said:

Still, Noble's stock is down nearly 30% this year.

well, almost all oil companies stock price wilted

[Marina Schwarz + 1,576]

I think going green is The Thing right now but I'm more of a buy-and-hold person myself. Is Noble turning in a profit? Great about cash flow but I hear shale producers are being pressured by shareholders to start making profits, not just grow production.