He may be right, but energy is still a badly performing sector. The stocks took a bad hit, went into oversold, and by many measures, are overbought right now.
if oil stay where it is, these stocks drop. Every one he lists will go BK in mid to late 2016 if oil is still at the current levels. Hedges will keep many of them from that fate until at least early 2016.
Congrats on your great timing, but your data is a little flawed.
You post a date of Jan 17, and SN at 7.15. The only way you get SN at that price was to buy in mid Dec at the very bottom of the mkt for E&P stocks.
That also seems true for the others.
So we are to think one of 2 things. One choice is that you timed the market exceptionally well, buying in Dec at the very bottom, then telling this MB about your buys a month later.
Or we are skeptical about your post.
Last, the bounce in oil stocks is beyond their capacity to produce positive results, should oil stay where it is. The bounce has been for 2 reasons, one is that the selling was fueled by the bad people (YHOO won't let me use more descriptive language) at GS and elsewhere saying oil goes to 25, driving the prices lower than was reasonable. And, the oil ministers etc saying that oil will recover to 90 or so.
I agree with you that these stocks can go much further if oil recovers. The price of oil is 100% determined by government actions in unstable countries like Russia etc. I am not going to take that bet.
But I have successfully traded LPI and PE, 2 of the best hedged small cap plays.