Fast Money's High Oil Stock Plays
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Date updated:03-05-2008

With oil touching $102 Wednesday, what should be your next move? Veteran oil trader Joe Terranova explains how to trade it.

symbol name last price % change open
  • +
  • USO
    U.s. Oil Fund Et
  • $40.41
  • -0.22%
  • $40.73

I recommend getting long the commodity itself with a stop out at $95, says Jeff Macke. Or investors can look at the United States Oil Fund.

People owning USO also tend to own: AAADMCCRTCVXEWBCFMDMRO

TheStreet.com Rating: No Rating What is this?

  • +
  • XTO
    Xto Energy Inc
  • $44.62
  • -1.13%
  • $45.03

Check out XTO Energy and ConocoPhillips, Pete Najarian adds.

People owning XTO also tend to own: APAAPCBHICHKCOPCVXDVN

TheStreet.com Rating: B What is this?

  • +
  • COP
    Conocophillips
  • $53.58
  • +1.38%
  • $52.57

Check out XTO Energy and ConocoPhillips, Pete Najarian adds.

People owning COP also tend to own: AAALLAPCBUDCVXDOWGSK

TheStreet.com Rating: C- What is this?

  • +
  • RIG
    Transocean Ltd
  • $88.50
  • +0.40%
  • $87.99

Investors could also buy the drillers and explorers. In the space I like Transocean (RIG) and Equitable Resources (EQT) says Tim Seymour.

People owning RIG also tend to own: GSFHPNBRAAPLADBEBBYCMCSA

TheStreet.com Rating: B- What is this?

  • +
  • EQT
    Eqt Corporation
  • $43.52
  • +0.32%
  • $43.28

Investors could also buy the drillers and explorers. In the space I like Transocean (RIG) and Equitable Resources (EQT) says Tim Seymour.

People owning EQT also tend to own: INSPSUGSYMCAAPLABBAMZNBP

TheStreet.com Rating: C What is this?

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