Enter multiple symbols separated by commas

Profiting from Oil: Apache, Devon & More

As President Bush called for dropping the ban on offshore oil drilling, CNBC asked the experts how to profit from oil.

Energizing Profits

“We’re dealing with very long-term solutions to a problem that’s going to be with us for quite some time. The outlook on oil prices doesn’t change on this, so the producers, the big holdings we have, names like Apache and Devon[Energy] continue to benefit from a very tight worldwide supply demand situation.”

- Charles Bath, Diamond Hill Large Cap Fund

Bearish on Boeing

“As long as oil remains high, nobody wants to buy Boeing. Even if Boeing’s new plane is the solution, we don’t care. So, I think Boeing—as much as I really like it— you’ve got to wait 18 months for it to move, and that’s just not the time frame of this market.”

- Jim Cramer, Mad Money host

Contact Stocks


    Get the best of CNBC in your inbox

    Please choose a subscription

    Please enter a valid email address
    To learn more about how we use your information,
    please read our Privacy Policy.