written in the past about why the oil and gas industry is a mixed bag for investors. The exploration and production (E&P or "upstream") and refining ("downstream") areas are far too dependent on commodity prices to be reliable investments. Equipment sales similarly are a boom-and-bust kind of business with limited recurring revenues. Midstream (transportation and storage) is more interesting as it relies mostly on volume-based contracts which are less volatile. Given this, I'm "crossing out" a number of Green Screen entries in upstream and equipment categories, while leaving the midstream operators for now."> Crossing Out Some Oil & Gas Stocks

Crossing Out Some Oil & Gas Stocks

I've written in the past about why the oil and gas industry is a mixed bag for investors. The exploration and production (E&P or "upstream") and refining ("downstream") areas are far too dependent on commodity prices to be reliable investments. Equipment sales similarly are a boom-and-bust kind of business with limited recurring revenues. Midstream (transportation and storage) is more interesting as it relies mostly on volume-based contracts which are less volatile. Given this, I'm "crossing out" a number of Green Screen entries in upstream and equipment categories, while leaving the midstream operators for now.

Watch List

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INTU 14.19%
CMG 31.78%
RDDT 7.17%
NTNX 17.22%
CRWD 76.14%
SE 19.26%
SNOW 5.28%
APPF 6.95%

Buy List

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TSM -43.44%
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NYAX -30.39%
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ODD -32.30%
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YOU -37.20%
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ADBE -45.26%

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ZS 23.06%
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NOW -1.85%
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