How you can play oil ETFs after Diamond Offshore bankruptcy filing: Market analysts (via ETFEdgeCNBC)
, those are companies that have much stronger balance sheets that are likely to survive the volatility that we're seeing within the oil markets than these smaller companies," Rosenbluth said.
Tom Lydon, CEO of ETF Trends and ETF Database, acknowledged that "you've got a lot of situations where balance sheets are in tough shape" in the energy sector. "A lot of investors are looking for ... hope down the road, and when things do turn, smaller companies are actually more nimble. They can ramp up more quickly. And right now, they're closing down more quickly, hopefully saving as much cost as possible," he said.
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