With heightened tensions in the Middle East and around the Red Sea, and continuous supply cuts by OPEC+ has led to volatility in oil and gas prices coupled with rapidly growing demand across the world. This has resulted in optimistic prospects for the oil and gas market.
Against this backdrop, it could be wise to invest in fundamentally strong energy stocks Baker Hughes Company (BKR), Cenovus Energy Inc. (CVE), and Energy Transfer LP (ET) with high dividend and growth prospects.
