Forecasts for this year are pointing toward strong demand in the energy sector. Moreover, escalating geopolitical tensions in the Middle East and the Russia-Ukraine war could disrupt oil supplies, leading to increased market volatility and potentially higher oil prices.
Given the backdrop, it could be an opportune time to load up the shares of three fundamentally solid energy companies, Enterprise Products Partners L.P. (EPD), Cheniere Energy Partners, L.P. (CQP), and ChampionX Corporation (CHX). However, before we dig deeper into the fundamentals of these stocks, let’s briefly examine the industry prospects.
