Which energy stocks benefit from rising commodity prices?
3/15/2025 09:21pm
Energy stocks that benefit from rising commodity prices, such as oil, often belong to the following sectors:
1. **Oil and Gas Exploration and Production (E&P)**: Companies like ExxonMobil (XOM), Chevron (CVX), and ConocoPhillips (COP) are directly affected by the price of oil. As oil prices rise, their profitability increases.
2. **Refining and Marketing**: Companies that refine and market oil, such as Valero Energy (VST), Phillips 66 (PSX), and Marathon Digital Holdings (MNDT), can also benefit from higher oil prices.
3. **Integrated Oil Companies**: These companies, like BP (BP), Royal Dutch Shell (SHEL), and TotalEnergies (TTE), operate across the entire oil value chain, from exploration to refining and marketing, and can benefit from stable or rising oil prices.
4. **Oil Services and Equipment**: Companies that provide services and equipment to the oil industry, such as Schlumberger Limited (SLB), Halliburton Company (HAL), and Baker Hughes Company (BKR), can benefit from increased activity in the oil sector driven by higher oil prices.
These sectors and companies are likely to benefit from rising commodity prices, but it's important to note that the actual performance of these stocks can be influenced by various factors, including geopolitical tensions, supply and demand dynamics, and regulatory changes.