The crude oil crush has taken down vitality shares, however there could also be some survivors, in response to Less complicated Buying and selling director of choices Danielle Shay.

Crude briefly cracked under $20 on Monday taking it to ranges not seen since early 2002. Power shares have been dragged together with the sector tanking nearly 53% this 12 months and buying and selling close to ranges it final hit in early 2004.

Shay mentioned that atmosphere signifies that solely the most important oil firms will survive given the "disastrous scenario" crude now finds itself in. She mentioned vitality firms "want oil to be $40 to $50 a barrel" for them to remain afloat.

"The one [names], on this scenario, which might be going to have the ability to survive are ones which have sufficient money readily available with a low debt-to-equity ratio," she mentioned Monday on CNBC's "Buying and selling Nation."

"These names are actually simply going to be Chevron, Exxon, after which the massive names which might be going to manage to pay for to get via this."

Mark Newton of Newton Advisors additionally believes the low is not in for...