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Energy firms are getting record profit in years: How to invest?
With the earnings released in Q2, energy firms are profiting from the record oil price. Earnings per share of $Occidental Petroleum (OXY.US)$ Show More
With the earnings released in Q2, energy firms are profiting from the record oil price. Earnings per share of $Occidental Petroleum (OXY.US)$ , $Chevron (CVX.US)$ , and $BP PLC (BP.US)$ surged 3860% yoy, 271%, and 210% yoy in Q2 respectively.  
Some institutional investors believe the severe restraint on Capex in oil and gas and rocketing demand creates prolonged good days in the foreseeable future, and Buffett has owned more than 20% of OXY. On the other hand, some investors avoid energy stocks due to their cyclical nature.
Is now a good time to invest in energy stocks? Which one is your pick?
Leave your ideas, positions, or related P/L below, and 6 users will win 600 points for each.

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