Kevin Bannon Quotes on Energy (3 Quotes)


    I think, it's going to be very, very hard to get people seriously interested in energy stocks, although you never can say never on Wall Street, ... We would prefer to own some of the drillers, because with oil prices at the this level, it's going to encourage anybody, any country anywhere who might have some oil to look for it. And that will be good for the drillers. We would rather own those than the oil companies themselves.

    Obviously, this company is a big user of energy. Oil shouldn't have been at 11 a year ago. It shouldn't be at 34 now. It will eventually settle at a price that will let UPS do very well.

    The common them there is both of them have a lot of exposure to natural gas, which will be a big play in energy. They've done pretty well. But I think if you're a patient investor and are looking out a couple of months, you'll do well in them.


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