Big Time
Our favorite integrated oil companies’ bulletproof balance sheets are huge advantages in an environment where oil prices remain lower for longer. Big Oil has endured a great deal of criticism about massive capital expenditures and limited production growth, but unlike cash-strapped producers these companies have the wherewithal to address their shortcomings.
Big Oil: Picks and Pans
We assess the growth prospects of the West’s seven major integrated oil companies, highlighting our favorites and the names investors would do well to avoid.