Despite various macroeconomic headwinds, the energy sector will likely continue to have a strong 2023, thanks to sustained energy demand and a tight supply. Given the industry’s tailwinds, it could be wise to invest in growing energy stocks Marathon Petroleum Corporation (MPC), PrimeEnergy Resources Corporation (PNRG), and Epsilon Energy Ltd. (EPSN).
However, given the financial weakness and bleak growth prospects, Camber Energy, Inc. (CEI) and NextDecade Corporation (NEXT) could be best avoided now.
