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Energy Stock Picks for Playing Strong Defense in Skittish Sector

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NEW YORK (The Deal) -- In football, as in stock picking, sometimes the best offense is a good defense. That may prove to be the case with some energy companies.

A defensive stock is one that's either stable or a market outperformer during an economic contraction -- much like the one that oil and gas companies are facing now with oil prices more than half of what they were a year ago.

In what's shaping up to be a "lower-for-longer" scenario for oil prices, brokerage firms are offering up their lists of defensive stocks to get investors through the malaise -- and land in a good position on the other side.

Refining stocks have been on a tear, mostly because low oil prices make for...


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