Cramer's Top 5 Oil Picks
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Date updated:03-13-2007

Jim Cramer mentioned his Top 5 Oil Opportunity Picks on Mad Money on March 12, 2007. Here they are.

Right now there is an opportunity in the oil patch because market players "are not looking at the right things," he said. People are looking at the weather and inventory numbers, but this makes no sense because inventories and weather are both fleeting. "If you're trying to determine a company's future earnings per share, you can't look at it on its own," Cramer said.

Jim thinks the real money is going to be made in the drilling sector with oil plays. His five picks are Schlumberger Limited (SLB), National Oilwell Varco Inc (NOV), GlobalSantaFe Corporation (GSF), The Halliburton Company (HAL), which he owns for his trust, and his favorite pick Transocean Inc (RIG), which he also owns for his trust.

symbol name last price % change open
  • +
  • SLB
    Schlumberger Ltd
  • $62.12
  • +0.10%
  • $62.23

No Analysis added

People owning SLB also tend to own: ACIAINVANRAPCBBDBTUCHK

TheStreet.com Rating: B- What is this?

  • +
  • NOV
    Natl Oilwell Varc
  • $41.53
  • -1.82%
  • $42.29

No Analysis added

People owning NOV also tend to own: ACIAINVANRAPCBBDBTUCHK

TheStreet.com Rating: B- What is this?

  • +
  • GSF
    Gsf
  • $0.00
  • N/A
  • $N/A

No Analysis added

People owning GSF also tend to own: ACIBJSBTUCNXCWEIDNRDO

TheStreet.com Rating: No Rating What is this?

  • +
  • HAL
    Halliburton Co
  • $28.10
  • -0.67%
  • $28.33

No Analysis added

People owning HAL also tend to own: ATIMFLXTEXTIEAIGBAC

TheStreet.com Rating: B- What is this?

  • +
  • RIG
    Transocean Ltd
  • $83.40
  • -0.70%
  • $84.17

No Analysis added

People owning RIG also tend to own: AEPAPABACCOFCOPCVXDELL

TheStreet.com Rating: B- What is this?

 

Start Price

Return Value

Start Date

SLB 65.00 -4.43% Mar 13th
NOV 72.47 -42.69% Mar 13th
GSF 58.43 ------ Mar 13th
HAL 32.19 -12.71% Mar 13th
RIG 76.62 +8.85% Mar 13th

Average return:

-12.75%

Success rate:

25%

Tracking Started: 03-13-2007

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