Have Energy Stocks Run Out Of Gas?
In reviewing energy stocks, the energy sector has been very lethargic since the great recession of 2008. Consequently, I am not seeing a single company in the integrated oil and gas sector that has been able to produce consistent operating results or growth since 2008. Clearly, climate change has become a worldwide concern and initiative. As a result, fossil fuels especially have become under assault worldwide. Nevertheless, it does appear that fossil fuels will be the primary source of energy for years to come. The question is, can they or their shareholders make any money as the sector transforms from fossil fuels to renewable.
In The video I will utilize BP Plc (BP), Chevron (CVX), Imperial Oil (IMO), Lukoil (LUKFY), Gazprom (OGZPY), Occidental Petroleum (OXY), PetroChina (PTR), Royal Dutch Shell (RDS.A), Repsol (REPYY), China Petroleum & Chemical (SNP), Suncor Energy (SU), Total Energy Services (TOT), Exxon Mobil (XOM).