5 Oil and Gas Stocks That Benefit From Soaring Crude Prices
The energy sector is the clear beneficiary of rising oil prices spurred by the war in Iran. While most of the market wobbles, the energy sector is soaring, especially companies at the top of the oil and gas pipeline.While most energy companies benefit from oil prices over $100/bbl, the gains aren't evenly distributed. Since upstream companies are responsible for the exploration and production (E&P) of oil by extracting it from the ground, they're the ones with revenue most tightly tied to the commodity's pr ...