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3 Integrated Energy Stocks to Watch as Industry Faces Uncertainty
BRYBerry (bry)(BRY) ZACKS·2024-10-23 15:10

Rising oil prices are weighing on the refining business as higher input costs squeeze margins. Additionally, a slowdown in oil production growth is likely to reduce profits from the upstream operations of integrated energy companies. The increasing demand for renewable energy is also casting a shadow over the future of the Zacks Oil & Gas US Integrated industry, making the outlook increasingly uncertain.Among the companies in the industry that will probably survive the business challenges are Cactus Inc. (W ...