Saudi Arabia's extended oil production cuts are expected to drive oil prices higher. Simultaneously, the increasing global demand for natural gas, fueled by robust economic activity and rising refined petroleum consumption, is poised to propel growth within the gas industry.
To that end, it could be wise to add fundamentally sound energy stocks Solaris Oilfield Infrastructure, Inc. (SOI), Profire Energy, Inc. (PFIE), and NOW Inc. (DNOW) to your portfolio, all of which are currently trading below $15. Before diving into these stocks, let's first examine the broader developments in the energy sector.
