Considering that energy was the investment that broke many portfolios last year and is continuing to cause anguish for many of the remaining investors so far this year, it would not be that surprising to find that some of those shares have now become either net-neutral, or even net-positive, writes Randy Warren of Exton based Warren Financial for Forbes.

The way that the market has been moving recently, oil has yet to reach its lowest price and bottom out, much to the horror of many who are still invested in energy companies. However, as oil is a commodity that is a concrete, physical thing, it does have value which cannot go either up or down forever, states Warren. While in certain situations demand and supply can cause prices to get out of their usual brackets and reach unexpected highs or lows, there comes a point where either the rise or decline in value will have to stop.

The worst case scenario in the current situation, would be for oil to go back down to the $10 to $12 range that existed at the beginning of last century, a scenario that is considered highly unlikely. At under $30 a barrel, oil is already well below the $40 a barrel that is considered the current natural price for oil by many experts.

Bearing that in mind, and anticipating the end of the continuing fall in oil prices, Warren Financial has been sifting through the wreckage of recently decimated oil companies in an attempt to find potential future share price rebounds. In reporting the results of its comprehensive research, the company points out various possibilities across several energy-based fields.  

In the Energy Oil & Gas group the firm highlights Concho Resources and Pioneer as positive surprises, while in the Energy Equipment group there is Woodward which is doing well due to its more diversified fields of expertise.  Sunoco Logistics also stands out and represents a potential opportunity.

“Clearly there are some unique, once-in-a-generation opportunities in the oil and gas space for investors, points out Warren and concludes that “investor’s short term gains and losses will fully depend on the short term price of oil.  But longer term, if oil is anywhere near a bottom, those companies with strong balance sheets will survive and thrive.”