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Wednesday, September 29, 2021 12:01:07 PM
Stocks to Watch As Global Energy Prices Soar
https://topnewsguide.com/2021/09/29/stocks-to-watch-as-global-energy-prices-soar/
When it comes to oil stocks to watch in conjunction with the recent rally, we are focusing on upstream plays with small to nano market capitalization structures, because we believe they will benefit most from the commodity’s price appreciation. Some small-cap upstream oil stocks we like include; Torchlight Energy Resources (NASDAQ:TRCH), Ring Energy Inc. (NYSE:REI), and Allied Energy Corp (OTCMKTS:AGYP).
Oilfield services have recently hit a bottom making this an ideal time to look at some players in the sector including: Oil States International Inc. (NYSE:OIS), Schlumberger (NYSE:SLB), Halliburton (NYSE:HAL), Baker Hughes (NYSE:BHGE), and National Oilwell Varco (NYSE:NOV).
Put these energy stocks on your radar to benefit from the recent price action.
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