
The energy sector is facing unprecedented challenges, as well as opportunities, in 2023. The global energy crisis triggered by the Russian invasion of Ukraine continues to affect supply and demand dynamics for oil (CLU24) and gas (NGU23), as well as the prices and affordability of electricity.
At the same time, the energy sector is undergoing a rapid transformation towards a cleaner and more sustainable future, driven by the urgency of climate change, the innovation of renewable energy technologies, and pressure from investors and consumers. During this pivotal time, investors should look for energy stocks that have solid fundamentals, attractive valuations, and favorable outlooks. Here's a look at three potential candidates with healthy dividend payouts.