Jim Cramer Gives His Opinion On Stocks In Energy Sector

On CNBC's Mad Money, Jim Cramer said that Marathon Oil Corporation MRO is not among his favorite stocks in the energy space.

Cramer is a buyer of Schlumberger Limited SLB, Magellan Midstream Partners, L.P. MMP and Apache Corporation APA. He advised a viewer to hold these stocks if they are a part of a big diversified portfolio. If they are a part of a portfolio of 10 stocks, he would take some profits in Schlumberger.

Kinder Morgan Inc KMI is not going to increase its dividend in the near term, but it is a good stock in the current environment, thinks Cramer. He added that he would rather buy Magellan Midstream Partners, but after it does a secondary offering.