I started blowing my bull horn last October, citing the intense merger and acquisition activity in the oil and gas space:

The truth is energy shares — almost across the board — are currently trading at a discount.

And if you're in the mood for some easy longer-term gains (and even dividends), you'd be well advised to go bargain hunting over the next few weeks.

If cheap oil companies with access to North America's fossil fuel rebirth are a good buy for Sinopec and Superior and Statoil and BHP and Kinder Morgan... it stands to reason they're a good buy for you, too.

The logic here couldn't be any simpler or more straightforward. Many oil stocks are undervalued.

From October through January, I ran articles entitled:

• The Energy Bull is On

• Energy Stocks at a Discount

• Undervalued Indeed

• International Oil Investments: Put Global Events to Use for You

I told you I personally owned Transocean (NYSE: RIG) and the ProShares Double Oil ETF (NYSE: UCO).

I even took to the Twittersphere, telling the entire world I was buying RIG in late November — and so should they:

I even confirmed it would head higher:

Same for oil...

Follow Along

And have you seen what's happening?

Oil touched $106 this week on continued Iranian tensions.

I told you over the weekend this was a “sell the news” event, and that oil wouldn't head much higher than $105.

It's up 40% since October.

You could've earned 80% with my touted ProShares play (NYSE: UCO):

And what about Transocean?

In multiple instances it's been indemnified from liability in the Gulf oil spill of 2010. Combined with oil's price rise, that has sent it more than 20% higher since December.

The point?

My fellow editors and I pride ourselves on being the best at what we do: covering the markets daily and publishing ideas on how to profit based on our knowledge.

Some of it's free, like the editorial and Twitter coverage I just recapped for you.

Some of it's paid, like the advisory services in which we make specific recommendations.

Both are to help you invest — but only if you follow along.

Read the daily issues. Follow me on Twitter.

Make sure you know all the different publications we offer.

~~nicks_signoff~~