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It's Time! 3 Questionable Energy Stocks to Sell in February
BPBP(BP) InvestorPlace·2024-02-23 21:12

While the rest of the stock market endured a bear mauling in 2022, energy sectors became the best-performing asset class that year. My how things have changed. Today, oil prices are hovering around $80 a barrel and energy producers are marking down their profits. At the same time, concerns about slumping demand and the global transition to cleaner energy sources are rising. The net result is that energy stocks have gone from first to worst. The S&P 500 Energy Index is up 2% over the last 12 months compared ...