10 Energy Stocks to Buy Now, According to Barron’s Experts

  • 📰 MarketWatch
  • ⏱ Reading Time:
  • 17 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 10%
  • Publisher: 97%

Australia News News

Australia Australia Latest News,Australia Australia Headlines

10 energy stocks to buy now: Barron's.

The energy sector has been a disaster zone this year, as the coronavirus pandemic has decimated global oil demand. West Texas Intermediate, the benchmark U.S. crude, has plummeted nearly 70% to a recent $19.21 a barrel, while Brent, the most popular international benchmark, is down 60%, to $26.34.

Most oil and gas producers, including the majors, will lose money in 2020 or barely eke out a profit, and most of those still paying dividends will have to borrow to cover the cost. As for energy stocks, they have made fools of their fans for nearly a decade, and now account for a measly 3% of the S&P 500 index.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 3. in AU
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Russia

Idiots, you don’t buy energy stocks in a deflationary environment.

Sell

I'm really hating these teaser posts.

Australia Australia Latest News, Australia Australia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

These were the 10 most popular stocks on Robinhood in the month of April - Business InsiderRobintrack is a platform that uses data from Robinhood's API to track how many of the trading app's users own a particular stock over time. Let’s get this bread!📈💰
Source: BusinessInsider - 🏆 729. / 51 Read more »