Crude oil prices currently hover between $45 and $50 per barrel—not exactly an all-time high. Is it wise to invest in energy right now?
The low prices spell serious trouble for oil companies: Bankruptcy, falling profits and staggering debt loads lurk behind even the most recognized names.
A recent report pegs the cumulative debt of British Petroleum, Chevron, Exxon Mobil, and Royal Dutch Shell at an astounding $184 billion—much of it incurred since oil prices tanked in 2014.
That’s not to say it’s all doom and gloom. There are a few bright spots in the oil patch…
The following 5 companies have what it takes to grow and prosper once oil prices rise again.