BP: After A Big Pullback, It's Time To Lock In A 5% Yield On This Oil Giant
BPBP(BP) Seeking Alpha·2024-06-18 05:47
jetcityimage/iStock Editorial via Getty Images Energy stocks have been in a correction for the past several weeks and I am starting to see some new buying opportunities. There are a number of reasons for this pullback including a drop in the price of oil, which could be driven by ample current supplies, but also because of some fresh concerns about the strength of the U.S. economy. There was also a recent prediction by the International Energy Agency, which suggested "peak oil" could occur in 2029. I do ...