The energy sector prospects appear promising due to increased geopolitical tensions worldwide and rising oil and gas needs in growing economies for energy, transport, industry, and infrastructure. Anticipated extension of output cuts and a rebound in global demand for crude oil, especially in China, add to this positive outlook.
Amid this backdrop, investors could consider buying fundamentally strong energy stocks Transportadora de Gas del Sur S.A. (TGS), MRC Global Inc. (MRC), and NGL Energy Partners LP (NGL).
