Double-Digit Yield Potential - 3 Of The Smartest Energy Plays Money Can Buy

Oct. 18, 2024 7:30 AM ETCNQ, CNQ:CA, FANG, SOBO, SOBO:CA18 Comments
(16min)

Summary

  • American energy investors face persistent challenges, with recent price drops influenced by economic fears and geopolitical factors, particularly in the Permian Basin.
  • The Permian has driven significant production growth, but it hasn't translated into strong shareholder value due to hypergrowth and declining reserve quality.
  • Investors need to be selective in the energy sector, as many stocks may struggle. However, the right choices can lead to substantial long-term gains.
  • Looking for more investing ideas like this one? Get them exclusively at iREIT®+HOYA Capital. Learn More »
Dollar and a crude oil rig

Stadtratte

Introduction

American energy investors can't catch a break.

After the September rally in Brent and WTI futures, prices are down again, pressured by economic growth fears and the news that Israel isn't likely to attack Iranian oil facilities, which is a good thing

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This article was written by

Leo Nelissen profile picture
35.91K Followers

Leo Nelissen is an analyst focusing on major economic developments related to supply chains, infrastructure, and commodities. He is a contributing author for iREIT®+HOYA Capital.

As a member of the iREIT®+HOYA Capital team, Leo aims to provide insightful analysis and actionable investment ideas, with a particular emphasis on dividend growth opportunities. Learn More.

Analyst’s Disclosure: I/we have a beneficial long position in the shares of CNQ 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.

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