Monday's MarketFoolery podcast featured an in-depth discussion on BP's (NYSE:BP)deal to sell its 50% stake in TNK-BP, a joint venture in Russia, for $17 billion cash. Host Chris Hill and analysts Jason Moser and Michael Olsen, CFA, look at the upsides and potential downsides to the deal, agreeing that despite the influx of cash for BP, they're still not enthusiastic about the stock.

With the conversation turning to stocks that the guys are fans of, Mike highlights Devon Energy(NYSE:DVN), Ultrapetrol, and Apache(NASDAQ:APA). There's a lot to like about these three energy stocks right now, in part because of their exposure to the oil and gas industries. Watch the following video segment for the guys' full discussion and analysis.

Of course, there are many different ways to play the energy sector, and Motley Fool analysts have uncovered another major player that's dominating the industry. This under-the-radar stock is a leading provider of equipment and components used in drilling and production operations, and it's poised to profit in a big way. For the name and detailed analysis of this company that's set to prosper for years to come, you're invited to view our free premium report, "The Only Energy Stock You'll Ever Need." This offer won't last forever, so don't delay -- click here now to claim your free copy.

This article represents the opinion of the writer, who may disagree with the “official” recommendation position of a Motley Fool premium advisory service. We’re motley! Questioning an investing thesis -- even one of our own -- helps us all think critically about investing and make decisions that help us become smarter, happier, and richer.