Industry Overview - Electricity demand in the U.S. is projected to grow at an annual rate of 2.5%, which is five times faster than the previous decade, highlighting the increasing importance of energy infrastructure and security [2] - The surge in energy demand is driven by the rapid expansion of data centers that support artificial intelligence algorithms [1] Company Insights EQT Corporation - EQT Corporation is a leading natural gas producer in the U.S., involved in the exploration, production, transportation, and sale of natural gas [5] - The company has a market capitalization of $38 billion, with a current price of $59.56 and a gross margin of 40.73% [6][7] - Natural gas is recognized as a cleaner-burning fuel, providing reliable baseload electricity and is increasingly favored by utilities and industrial customers due to its cost-effectiveness [7][8] Vistra Energy - Vistra Energy is one of the largest power producers in the U.S., serving over 5 million customers and operating as a merchant power company [9] - The company has a market capitalization of $57 billion, with a current price of $166.63 and a gross margin of 38.78% [10][11] - Vistra's business model allows it to profit from rising wholesale electricity prices, particularly in regions experiencing high demand and supply constraints [11][12] ExxonMobil - ExxonMobil is one of the world's largest energy companies, with significant investments in oil and gas, including natural gas production in the U.S. [13] - The company has a market capitalization of $491 billion, with a current price of $116.49 and a gross margin of 22.11% [14][15] - ExxonMobil aims to become a leading seller of high-value liquefied natural gas (LNG), with plans to double its LNG sales to 40 million metric tons per annum by 2030 [16][17]