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Combat Energy Market Swings With These 3 Low-Beta Stocks
HighPeak EnergyHighPeak Energy(US:HPK) ZACKS·2024-06-07 13:31

Group 1: Core Insights - The article highlights three low-beta energy stocks that are recommended for investment, specifically HighPeak Energy Inc, Vitesse Energy Inc, and Transportadora de Gas del Sur SA, all of which have a Zacks Rank of 1 or 2 and a beta lower than 1 [2][4] - The energy market has shown extreme volatility, particularly since the onset of the coronavirus pandemic, with oil prices fluctuating significantly, including a drop to negative $36.98 per barrel in April 2020 and a rise to $123.64 per barrel in March 2022 [5][9] - The importance of low-beta stocks is emphasized as they can provide robust returns while mitigating risks associated with market turbulence, making them suitable for building a resilient investment portfolio [8] Group 2: Company-Specific Insights - HighPeak Energy is positioned to benefit from favorable crude pricing, with an expected earnings growth of nearly 21% this year, indicating strong performance potential [7] - Transportadora de Gas del Sur SA has a significant midstream asset portfolio, featuring the largest natural gas pipeline network in Latin America, which generates stable fee-based revenues by transporting over 60% of the gas consumed in Argentina [11] - Vitesse Energy holds interests in 6,932 productive wells primarily in the Bakken region of North Dakota, providing a solid production outlook, contingent on favorable crude pricing [13]