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Outperforming than the S&P 500?! Are energy-related stocks that have risen up to 50% still worth investing in?

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moomooニュース米国株 wrote a column · Apr 9 02:14
This article uses automatic translation for some of its parts
Energy-related stocksIn March $S&P 500 Index(.SPX.US)$ Within the 11 sectors ofTop performanceThus, it has surpassed the 9.1% increase in the S&P 500 index since the beginning of the year. Also, since the beginning of the year, the sector has performed second after communication services with many big tech companies.
Energy-related stocksProviding new strategies to bet on economic growthThen it is being seen. Even if the geopolitical crisis were to end, energy-related stocks are thought to provide protection for investors.
The sharp rise in energy stocks in 2024 is not only due to the rise in crude oil prices, which hit a high price since October. The rise in this sector is due to the fact that the outlook for the global economy is getting brighter,The sense of undervaluation when compared to expensive stocks in the S&P 500 stock indexIt is also being supported.
The analystsThe free cash flow yield is high, and the EV/EBITDA ratio (enterprise value to EBITDA ratio) is highIt points out that energy stocks are attractive investment destinations. Furthermore, since geopolitical risks, particularly the dispute between Israel and Iran, are imminent, it is expected that US oil and gas stocks and crude oil prices may soon rise further.
The stocks with the highest rate of increase in energy-related stocks are as follows.
Outperforming than the S&P 500?! Are energy-related stocks that have risen up to 50% still worth investing in?
At refineries located on the Gulf Coast of Mexico and the mid/west coast of the continent, they refine raw materials such as crude oil and renewable raw materials, sell refined products and ethanol, and also carry out midstream businesses such as transportation/storage/distribution of crude oil and refined products for refining/sales departments, and collection/transportation of natural gas and natural gas liquids $Marathon Petroleum(MPC.US)$ /Marathon Petroleum CorporationA rate of increase of over 48% since the beginning of the yearIt is in first place.
Petroleum refining is carried out in the United States, and gasoline, diesel, jet fuel, asphalt, lubricants, etc. are produced, sold both within and outside the United States, and the renewable diesel fuel ethanol, which is a low carbon fuel, is also manufactured $Valero Energy(VLO.US)$ /Valero Energy Corporation develops middle class businesses such as transportation/terminal/processing services for crude oil and refined petroleum products, and transportation/storage/fractionation/processing/sales services for natural gas and NGL in the United States. We are engaged in the manufacture and sale of petrochemical products and plastics, refining crude oil and other raw materials into gasoline, aviation fuel, etc. in the US and Europe, and selling petroleum products $Phillips 66(PSX.US)$/Phillips 66, respectivelyExceed the performance of the S&P 500 Index with an increase rate of over 42% and 29%It's there.
— MooMoo News Zeber
Source: Bloomberg, MINKABU, MOOMOO
This article uses automatic translation for some of its parts
Outperforming than the S&P 500?! Are energy-related stocks that have risen up to 50% still worth investing in?
Outperforming than the S&P 500?! Are energy-related stocks that have risen up to 50% still worth investing in?
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