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Oil's Penny Powerhouses: 3 Small-Cap Stocks Gushing with Potential
ACDCProFrac (ACDC) investorplace.com·2024-05-17 10:24

Oil prices remain elevated with U.S. oil production 1.4% higher than the record levels of a year ago. Prices of West Texas Intermediate (WTI) are approximately 7% higher than they were a year ago. The combination of high prices and production suggest continued strength across the energy sector. In turn, investors are looking to small cap oil stocks for their outsized potential to produce returns at the moment.Elevated prices are expected to continue, which should prompt strong continued production. The curr ...