BP Energy Fund Bullish on Valero, Century Aluminum & Basic Energy

Now watching

Next video starts in : 7 Play

BP Energy Fund Bullish on Valero, Century Aluminum & Basic Energy

BP Energy Fund Bullish on Valero, Century Aluminum & Basic Energy
Replay video
Up next

Scots vote on independence referendum

Scots vote on independence referendum Up next

Scots vote on independence referendum

Unlock your personal NFL Now stream by signing in to NFL.com

BP Energy Fund Bullish on Valero, Century Aluminum & Basic Energy

TheStreet.com Videos 0:42 mins

Basic Energy Services will continue to outperform because the lack of excess equipment in the Permian Basin is raising its pricing power, said Brian Bradshaw, portfolio manager for the BP Capital Twinline Energy Fund. Bradshaw is also bullish on Valero's stock despite its flat performance over the past year because the surge in domestic oil production is heightening demand for additional refining capacity. Finally, Bradshaw is positive on shares of Century Aluminum because lower energy prices - especially natural gas - are enabling the company to cut costs while aluminum demand from automakers continues to soar.

View Comments (0)