The 3 Most Undervalued Oil & Gas Stocks to Buy in May 2024

The oil market continues to look for direction. After running up above $85 a barrel to start the year, West Texas Intermediate crude oil, the American standard, is back below $80 as tensions in the Middle East ease and on growing signs that the U.S. economy is slowing. At the same time, a warmer than expected winter in Europe and North America has led to a glut of natural gas, depressing prices for that energy product. But that could mean opportunity for investors looking for undervalued oil and gas stocks. ...