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As storied sports teams square off across the country, similar cutthroat battles are raging in corporate boardrooms – especially those dealing in energy.
The crushing worldwide slowdown has slammed demand for oil and sent Wall Street's most profit-prolific names to the sidelines.
And with change likely coming from the Obama administration, can the tried and true superstars still compete with the younger players in this field?
Which will be the last energy stocks standing?
Joe Terranova
For me ExxonMobil [XOM
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] is the best energy play out there, says the Liquidator. The company has $31 billion in cash and their capex budget calls for $150 billion in spending over the next fives years. They’re a great
Pete Najarian
I like Exxon too, echoes the Pit Boss
Guy Adami
ConocoPhillips [COP
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] valuations looks better to me, says the Negotiator. I think you can get it on the cheap here.
Tim Seymour
Look at Petrobras [PBR
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], counsels the Ambassador. Nobody is growing production like they are.
Read More:
> Last Stock Standing - Retail
>Last Stock Standing - Financials
- Your First Move For Wednesday November 25th
- Web Extra: Seymour's M&A Play
- Pops & Drops: American Eagle, Green Mountain Coffee...
- Giving Thanks: Najarian
- Take Your Position: Cyber Monday
- Rick's Turkey: Fed Transparency
- Under The Radar Trades
- Our Best Black Friday Trades
- GDP Drags Stocks Lower
- Halftime Report: Is Oil Heading To $96?
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Trader disclosure: On Mar. 18th, 2008, the following stocks and commodities mentioned or intended to be mentioned on CNBC’s Fast Money were owned by the Fast Money traders; Seymour Owns (AAPL), (BAC), (EEM), (FXI), (GG); Seymour Is Short (X); Adami Owns (AGU), (C), (GS), (INTC), (MSFT), (NUE), (BTU); Terranova Owns (AMZN), (BP), (KCE), (JPM), (X), (POT), (WYNN), (XBI), (HESS), (INTC), (BRCM), (DELL), (JOYG), (FXC), (XOM); Terranova Owns (COP) Calls; Terranova Owns (DIS) & (DIS) Calls; Terranova Owns (AMGN) & (AMGN) Puts; Terranova Owns MACI Oil Futures; Terranova Owns (IBM) Spread; Najarian Owns (C) Call Spread; Najarian Owns (FCX) Call Spread; Najarian Owns (GDX); Najarian Owns (GD) Call Spread; Najarian Owns (GLD) Put Spread; Najarian Owns (JPM) & (JPM) Calls; Najarian Owns (MS) & (MS) Calls; Najarian Owns (MSFT) & (MSFT) Calls; Najarian Owns (ORCL) Call Spread; Najarian Owns (TGT) Call Spread; Najarian Owns (X) Call Spread; Najarian Owns (WFC) & (WFC) Puts; Najarian Owns (XHB) Call Spread; Najarian Owns (WDC) Call Spread; Najarian Owns (SMH) Calls
CNBC.com with wires
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