In comparison, the S&P 500 is up roughly 7% over the same timeframe.With oil prices set to test new highs, here are three energy stocks well-positioned to extend their march higher through the end of the year due to their solid fundamentals, reasonable valuations, and high shareholder returns.Fair Value Upside: +32.1%), a heavyweight in the oil and gas industry, boasts a strong presence in the refining and marketing sector.
second-quarter profit and revenue blew past consensus expectations thanks to strong global refinery demand. Despite its strong year-to-date performance, Marathon Petroleum’s stock is still undervalued according to the quantitative models in InvestingPro, making MPC an attractive option for investors.from Tuesday’s closing price of $147.02 as Marathon Petroleum is well positioned to capitalize on surging oil prices.Fair Value Upside: +31.4%) is another heavyweight in the energy sector, with diversified operations spanning refining, marketing, chemicals, and midstream.
Malaysia Malaysia Latest News, Malaysia Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: Investingcom - 🏆 450. / 53 Read more »
Source: Investingcom - 🏆 450. / 53 Read more »
Source: Investingcom - 🏆 450. / 53 Read more »
Source: Investingcom - 🏆 450. / 53 Read more »
European stocks lower; weak German factory orders weigh By Investing.comEuropean stocks lower; weak German factory orders weigh
Source: Investingcom - 🏆 450. / 53 Read more »