In this video, Motley Fool energy analyst Taylor Muckerman highlights a major issue for any investor following energy stocks: the idea that derivative trading, and hedging strategies to offset the volatility of the commodities these companies trade in, can really skew their year-over-year results, despite having deceptively high growth and revenues. Muckerman takes us through some key examples of what can happen when investors don't take these important skewing factors into consideration.

Joel South has no positions in the stocks mentioned above. Taylor Muckerman has no positions in the stocks mentioned above. The Motley Fool has no positions in the stocks mentioned above. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.