3 Stocks to Gain as Phasing Out of Oil is Not Feasible
EOG Resources(EOG) Zacks Investment Research·2024-03-19 21:56
Saudi Aramco CEO Amin Nasser stated that the peak in demand for fossil fuels is not expected to happen in the near future and emphasized that the existing energy transition strategy is evidently falling short on many fronts. Thus, the outlook for oil and gas companies seems bright, paving the way for EOG Resources (EOG) , Matador Resources Company (MTDR) and Diamondback Energy, Inc. (FANG) to gain.Energy Transition FailingNasser mentioned that despite investments across the world exceeding $9.5 trillion in ...