Friday, December 18, 2009

Are oil stocks like Exxon and British Petrolium good investment?

Are natural gas stocks like Chesapeake better?Are oil stocks like Exxon and British Petrolium good investment?
In the very long term, yes, Exxon and BP are worth owning. Buy and hold them. Oil supplies will only dwindle over time and they have the expertise and resources to stay in the game.





Sorry I can't answer about Chesapeake. I don't know enough about them. But I'd follow the same principle with any natural resources company.Are oil stocks like Exxon and British Petrolium good investment?
They're good if you want to help them for around 2 years.
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