Energy Climbs as Vaccine Rolls Out and Oil Prices Rise

Even after the rally, the sector is undervalued, with the average stock trading at a 9% discount.

Apr 1, 2021

Mentioned: Cheniere Energy Inc (LNG) , EOG Resources Inc (EOG) , Schlumberger Ltd (SLB)

For the second quarter in a row, the Morningstar US Energy Index has eclipsed the overall market, beating the aggregate index by over 28% as of March 26.

Energy stocks have caught up after a tough 2020 - source: Morningstar

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Dave Meats does not own shares in any of the securities mentioned above. Find out about Morningstar’s editorial policies.

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