• 3 minutes e-car sales collapse
  • 6 minutes America Is Exceptional in Its Political Divide
  • 11 minutes Perovskites, a ‘dirt cheap’ alternative to silicon, just got a lot more efficient
  • 7 days Does Toyota Know Something That We Don’t?
  • 1 day America should go after China but it should be done in a wise way.
  • 7 days World could get rid of Putin and Russia but nobody is bold enough
  • 9 days China is using Chinese Names of Cities on their Border with Russia.
  • 10 days Russian Officials Voice Concerns About Chinese-Funded Rail Line
  • 10 days OPINION: Putin’s Genocidal Myth A scholarly treatise on the thousands of years of Ukrainian history. RCW
  • 10 days CHINA Economy IMPLODING - Fastest Price Fall in 14 Years & Stock Market Crashes to 5 Year Low
  • 9 days CHINA Economy Disaster - Employee Shortages, Retirement Age, Birth Rate & Ageing Population
  • 24 hours How Far Have We Really Gotten With Alternative Energy
  • 10 days Putin and Xi Bet on the Global South
  • 10 days "(Another) Putin Critic 'Falls' Out Of Window, Dies"
  • 11 days United States LNG Exports Reach Third Place
Microwave Energy Could Fix The Biggest Problem Facing EVs

Microwave Energy Could Fix The Biggest Problem Facing EVs

Researchers from the University of…

California Startup Boasts Breakthrough in Hydrogen Storage

California Startup Boasts Breakthrough in Hydrogen Storage

Despite challenges, startups like H2MOF…

Editorial Dept

Editorial Dept

More Info

Premium Content

Energy Stocks Continue To Outperform The Market

1. Energy Stocks Outperform Stocks Market, Again

- For the second year in a row, energy stocks have outperformed the broader US market in 2022 and, according to most analysts, this trend will continue next year thanks to their relative cheapness.

- With oil and gas stocks showing the highest free cash flow yield of any sector represented in the S&P 500, it should come as no surprise that Wall Street sees a further 16% of potential upside in 2023.

- A total of 61% of energy index companies have a buy rating, compared with 55% for the entire S&P 500, despite recession headwinds taming investors’ appetite.

- While oil prices are trading at a similar level to where they began the year, the S&P 500 energy index remains stubbornly some 50% higher year-on-year.

2. The Return of Chinese LNG Demand

- Similarly to China’s crude woes, the Asian powerhouse’s gas demand is set for its first annual decrease in the country’s history as it falls to 364 Bcm, down 1% from last year.

- The easing of China’s strict zero-Covid regulations, however, should bring it back to a growth trajectory as S&P Platts expects a 6% year-on-year surge in demand to 386 Bcm in 2023.

- The Chinese energy major CNOOC issued its first LNG buy tender since the start of the Russia-Ukraine war, a sea change to 2022 when China’s LNG buying fell a precipitous 25% compared to 2021.

- Seeing more pipeline…

Leave a comment

Leave a comment

EXXON Mobil -0.35
Open57.81 Trading Vol.6.96M Previous Vol.241.7B
BUY 57.15
Sell 57.00
Oilprice - The No. 1 Source for Oil & Energy News