Why Wall Street Loves This Energy Service Stock

Energy investors are on edge over the run-up in oil prices triggered by the U.S.-Israeli attack on Iran that began in late February. While in constant flux, oil prices have risen by about 50% since then, sending Brent crude to highs not seen since 2022. Energy experts say the oil market likely won’t fall back to pre-war prices until 2027.The Iran war and its oil price boost have largely supported energy stocks, with the benchmark S&P Global Oil Index up 8.7% in the last month and up 31% year-to-date, well a ...