4 Integrated Energy Stocks to Watch Amid Industry Challenges
BPBP(BP) ZACKS·2024-11-15 22:11

Oil prices, which are still high, continue to weigh on the refining sector, with substantial input costs compressing profit margins. Furthermore, a deceleration in oil production growth is expected to limit earnings from the upstream activities of integrated energy companies. At the same time, the rising demand for renewable energy is adding uncertainty to the prospects of the Zacks Oil and Gas Integrated International industry, creating a bleaker outlook.Among the companies in the industry that will probab ...