Spectrum Management Blog

By Leslie D. Thompson | January 5, 2017

Is Now a Good Time to Invest in Energy Stocks?

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Earlier this year, crude oil prices plunged to a low of $26 per barrel and natural gas prices faced significant pressure. At the bottom, oil traded at a 65 percent discount to its five-year moving average. While the price per barrel has recently climbed to about $50, many exploration and production companies failed, or were on the brink of failure, over the past year as borrowing rates surged and the ability to service debt was in peril.

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Topics: Stocks

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