Morningstar's Paul Justice sees the issues facing BP as being industrywide and that investors should look at smaller oil explorers and natural gas plays instead of buying a basket of oil majors.
Short- and long-term drivers bode well for this utility's nuclear-fired merchant fleet, with a nice dividend yield in the meantime.
Morningstar director of economic analysis Bob Johnson will be keeping a close eye on these potential headwinds in the year ahead.
Value investors interested in taking a position in beaten-down natural gas have to deal with the contango headwind.
The author does not own any of the stocks or funds mentioned above.
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