2 No-Brainer Energy Stocks to Buy With $200 Right Now
If there is one trait that investors have to really think about when it comes to the energy sector, it has to be volatility. That's because oil and natural gas prices, the foundational products in the energy patch, are commodities prone to swift and dramatic price swings. Most investors looking at the energy sector will want to stick with integrated energy giants like (NYSE: CVX) and TotalEnergies (NYSE: TTE). Here's why these two stocks, with prices comfortably below $200 a share, are worth adding to your portfolio.
There are a lot of differences between Chevron and TotalEnergies. But there is one very important similarity -- they are both integrated energy majors. This means that their businesses span from the upstream (drilling for oil and natural gas) through the midstream (transportation of oil and gas in things like pipelines) and all the way to the downstream (processing oil and gas into chemicals and refined products, like gasoline). Each of these segments of the energy sector have different operating dynamics.
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Source Fool.com
Chevron Corp. Stock
The stock is an absolute favorite of our community with 25 Buy predictions and no Sell predictions.
As a result the target price of 179 € shows a positive potential of 20.21% compared to the current price of 148.9 € for Chevron Corp..
