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PXE - Why There's Less To This Oil Price Rally Than Meets The Eye
Invesco Dynamic Energy Exploration &Production
Introduction
The following is my point of view (your views may differ, and I am not an investment adviser, just an investor who comments on various topics):
Forget Texas tea, black gold, and other such pop expressions for crude oil. As I've been saying for a while about oil stocks, when a commodity's era is over, it's time for investors to just walk away. Better, run (don't just walk). Ignore the "juicy" dividends which are going to be cut, then eliminated.
It's simply not normal for a reasonably sound industry to see this happen to