JPMorgan Says Oil Price Endgame Is Hard To Predict; Here's My Playbook

Summary Last week, JPMorgan analysts wrote in a research note that the endgame for oil prices is impossible to model. In investing terms, what JPMorgan analysts are implying is that the distribution of expected oil prices has expanded, making it difficult to form a base-case scenario. Although some oil market buffers have helped keep oil prices from skyrocketing from here, some cracks are beginning to appear today. Despite the volatility, I believe investors should continue to make the most of opportunities in energy stocks. Playing it safe is important today. This is why I built a ranking scorecard to compare oil stocks based on upside potential, downside protection, and a few other criteria. quantic69/iStock via Getty Images For the first time since the start of the Iran conflict, we don't have a baseline view. We simply don't know how to model the endgame. That is what JPMorgan analysts wrote in a research This article was written by Dilantha De Silva 13.31K Followers Follow Dilantha De Silva is an experienced equity analyst and investment researcher with over 10 years in the investment industry. He writes insightful articles for Seeking Alpha, GuruFocus, TipRanks, and ValueWalk, with a significant following on Seeking Alpha. Dilantha’s expertise spans across various sectors, with a particular focus on small-cap stocks that are overlooked by Wall Street analysts. He is a CFA Level III candidate and holds qualifications from the Chartered Institute for Securities and Investment (CISI). Dilantha has been featured on CNBC and Bloomberg, and his work has been prominently showcased on Nasdaq, Yahoo Finance, and other leading investment platforms. When not analyzing stocks and writing, Dilantha is involved in private equity transactions, including acquiring and managing businesses. Analyst’s Disclosure: I/we have a beneficial long position in the shares of SU either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article. I may initiate a new long position in CNQ within the next 72 hours. Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.