Crude oil prices have been largely above $60 per barrel for nearly eight months now, and energy stocks have consequently recovered some of their last-year's losses. The S&P Energy Select Sector Index is up nearly 25%, outperforming the S&P 500 Index's 16% rise in 2021. If you're looking to invest $5,000 in energy stocks, you should do well by equally dividing the amount in the below five stocks.
We discuss why it makes sense to look at quality and small cap stocks now.
Apart from Chevron (CVX) and Diamondback Energy (FANG) there was news from Royal Dutch Shell (RDS.A), Helmerich & Payne (HP) and Suncor Energy (SU) during the week.