3 Pipeline Stocks to Thrive in a Volatile Energy Market: WMB, KMI, ENB
Williams(WMB) ZACKS·2024-10-11 22:16
The oil-energy sector is marked by significant uncertainty, with many companies highly vulnerable to sharp fluctuations in oil and natural gas prices. The extreme volatility in oil prices since the COVID-19 pandemic is a clear example. On April 20, 2020, the price of West Texas Intermediate crude dropped to an unprecedented low of negative $36.98 per barrel before skyrocketing to $123.64 by March 8, 2022, as global economies began to reopen.Despite this volatility, investors need not shy away from the secto ...