2 Trends That Will Make Energy Even More Profitable In 2023

Jan. 09, 2023 11:31 AM ET, , , , 26 Comments
Daniel Dicker
556 Followers

Summary

  • Oil and gas stocks were by far the best investments in 2022.
  • There are two trends that are reversing and making energy investment possibly even more stellar in 2023 than in 2022.
  • Three temporary roadblocks that could disappear will make oil and gas shine again in 2023.
Oil pumps and graph

bymuratdeniz

For this first article of 2023, I’m not going to get granular – I don't think we need get excited about oil and gas, at least for the first few weeks of 2023. Instead, I want to try and get a grip on what we might

This article was written by

556 Followers
Dan is a former contributor at CNBC as well as former contributor at Realmoney.com and OilPrice.com where he writes on the energy markets and investing in the energy space. He has also lent his expertise as an oil markets analyst in hundreds of live radio and television broadcasts on Bloomberg, CNBC, Nightly Business Report, CNN, MSNBC, and ABC News, among others. https://www.dandicker.com/

Analyst’s Disclosure:I/we have a beneficial long position in the shares of XOM, RRC either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.

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