3 Stocks With Resolute-energy-like Return Potential

Just about any oil and gas company with acreage in the Permian Basin -- no matter its size or financial standing -- is among the hottest energy stocks as of late. Case in point: Resolute Energy (NYSE: REN). The economics of drilling in the Permian are so superior to any other place that Resolute was able to grow production 82% in 2016; those numbers have fueled an astounding 1,340% gain in its stock price over the past year.It's hard foreseeing Resolute Energy -- or any other stock for that matter -- achieving a repeat of that performance this year.

 

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