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

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

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

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

"These names are actually simply going to be Chevron, Exxon, after which the massive names which are going to come up with the money for to get by means of this."

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