Oil prices have fallen from a peak earlier this year. But energy companies’ earnings estimates have kept rising on stronger demand and low capital spending. Below is a screen of Read more
Tag: XLE
Opinion: Energy stocks have a sustainable future: it’s in their dividends
One of the few numbers growing faster than energy stock dividends is the size of crowds convinced they are not sustainable. I’ve never witnessed a consensus opinion as negative on Read more
These 20 stocks still have at least 48% upside, analysts say, despite the S&P 500’s 8% gain from its lows
The S&P 500 has climbed 8% since June 16, when it closed at its lowest point this year. While the benchmark index is still down 17% this year, analysts expect Read more
The tourists have fled the energy space. One bank says they may have bolted too soon.
Today’s highlight will be the release of the consumer price index, which could show inflation hitting a four-decade high. But for now, let’s look further out into the future — Read more
Opinion: Missed the rally in energy stocks? Here’s your second chance to buy
It’s never really a bear market until all the stragglers get taken out and shot. So it was just a matter of time before energy stocks, the big winners for Read more
Wall Street’s favorite stock sector has potential upside of 43% as we enter the second half of 2022
At the midpoint of 2022, investors are looking at a remarkable change in stock valuations. The S&P 500 SPX has declined 20%, but the benchmark index’s forward price-to-earnings valuation has Read more
Opinion: Sell Exxon Mobil and other energy stocks before these headwinds hit prices once again
Energy stocks have been the star investment this year. Now it’s time to sell them and electrify your portfolio before investors once again focus on the industry’s long-term headwinds. There Read more
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