3 Energy Stocks to Monitor After Pullbacks From 52-Week Highs
Delek US(DK) ZACKS·2024-06-12 14:20
Oil prices have trended lower over the past three weeks due to concerns over demand and the perception that geopolitical risks to crude supplies are ebbing. The stock has been in breakneck mode over the past 12 months, notching up a series of all-time highs. That said, MPC has now dipped -3% year to date and fallen more than 21% from its 52-week highs of $221.11 in early April. As a result, several previously high-performing stocks have been caught up in this sell-off. However, now may be a good time to sta ...