
Oil and gas prices remained volatile through 2024, fueled by disruption caused by production cuts from OPEC+ and geopolitical and economic tensions among major economies. Further, recent technological advancements and improving production capabilities are navigating the industry players’ growth.
Against this backdrop, investors could consider investing in fundamentally sound oil and gas stocks VAALCO Energy, Inc. (EGY), Suncor Energy Inc. (SU), and Energy Transfer LP (ET), poised to surge with rising energy prices.