Sometimes the best approach when you are unsure is diversify. So...

Sometimes the best approach when you are unsure is diversify. So a little in each basket. I have ORG and WPL, which I see as my 'Blue chip' energy stocks, and then also holdings in smaller more speculative stocks, I have NDO and HGO. Energy stocks constitute around a third of my portfolio.

I like ORG's strong cash position, makes them bullet proof for the near to medium term. Minimal down side there.

I like WPL better than STO, based on past performance, they seem to consistently outpace STO. Check the link below for a comparison of WPL v STO performance over last 5 years. It is quite interesting to note how significantly WPL have outperformed STO over these last few months. Perhaps time for punt on STO :)


http://www.google.com/finance?chdnp=1&chdd=1&chds=1&chdv=1&chvs=maximized&chdeh=0&chdet=1246705024093&chddm=455582&cmpto=ASX:WPL&cmptzos=36000&q=ASX:STO&ntsp=0