From The Stock Advisors:
The energy firms in our 'Hot List' aren't the big integrated firms; rather, they are instead mostly smaller, more specialized oil equipment, services, or operations firms," notes John Reese...
"Many oil services companies were hit particularly hard right around the time that oil prices peaked in the summer of 2008; the SPDR S&P Oil & Gas Equipment Services exchange-traded fund plummeted about 70% from July 11 to Nov. 20 of last year.
"The sector has surged since then. But as a group, they remain well behind the big oil names since last summer..."
Read full article...
More on energy:
These energy stocks are on a tear
How to profit from the new natural gas cycle
World's top trading firm: The best stocks to play an oil spike