Every year the stock market gives me new lessons to learn, and I’ll share a few from 2010. When it comes to the junior and intermediate North American oil and gas plays, I want to buy expensive stocks.  I rarely buy cheap stocks.  That sounds counter-intuitive, but it makes sense. When...

In the wake of second quarter results, Raymond James issued three recommendations for those watching oil stocks: pressure pumping services are an attractive play, drillers are being undervalued and rental companies should perform well.