On a day when ExxonMobil reported the highest quarterly profit ever posted by an American company -- breaking its own record -- what energy stocks look good to the analysts? Two top strategists gave CNBC their picks.
Eitan Bernstein covers oil companies for FBR, and he finds Occidental Petroleum attractive.
"Long-term, we think the value there is pretty significant, and once we get past a little bit of the nervousness on economic growth, that stock should perform very well," he told CNBC.
Stanford Group energy analyst Phil Dodge recommends XTO Energy
and Range Resources . They are natural gas producers.
"Natural gas looks good to me," he told CNBC. "Imports from Canada are declining, LNG [liquefied natural gas] imports practically disappeared because there are better markets elsewhere. Those two companies are both 80 percent natural gas."
He also likes Willbros Group.
"Willbros is a pipeline construction company," he said. "Strong cyclical recovery in North America. Their earnings should triple next year."
Still another Dodge pick is Golar LNG.
"Golar is an LNG shipping company that's in transition to terminals," he said. "They're converting to terminals, but still can use them as ships, and as a result of that, the revenues on each one double at the time they do it, giving them a very good growth outlook."