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3 Energy Stocks to Buy on the Dip: July 2024
CTRACoterra(CTRA) Investor Place·2024-07-24 16:35

Investors have had a healthy dose of skepticism about energy stocks over the past year. A sluggish recovery in China has muddled the demand picture. However, Brent crude has stabilized between $75 and $90, a profitable price for energy stocks. At the same time, demand for natural gas, particularly liquefied natural gas, is rising due to its important role in the energy transition. Coterra Energy (CTRA) In Q1 2024, natural gas accounted for 72% of its production mix and 38% of revenues. Besides gas productio ...