OK, crude is at something like 5 month lows and everyone is forecasting lower prices, as everyone does when a market declines. But many investors worry little about the short term and concentrate on the major trends in force. Buying crude weakness would therefore seem like a sensible play.
One stock we really like is San Juan Basin Royalty Trust (SJT).
Royalty companies derive their income from passive (non-operating) interests in oil & gas operations that provide the royalty holder with the right to garner revenue from the project after deducting specified costs, if any.
The stock already pays an 11% dividend and we think it should be a real cornerstone of any portfolio investing in the energy sector.
Get a quick summary of these posts sent to you every week. We don't spam and are the only people that will send you email. Your Privacy is 100% respected
