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StockNews.com
StockNews.com
Business
Sristi Suman Jayaswal

3 Stocks Dominating the Energy Stock Scene

GEOS GHM Oil Geospace Technologies Corporation Graham Corporation

The energy sector is poised to sustain its growth trajectory, supported by the escalating worldwide demand for oil and gas and production cuts. Therefore, quality energy stocks Gibson Energy Inc. (GBNXF), Graham Corporation (GHM), and Geospace Technologies Corporation (GEOS) could be solid buys now.

The energy sector’s fundamentals remain robust despite broad economic concerns and geopolitical turbulence. The International Energy Agency’s (IEA) latest energy report revealed that global oil demand rose by 3.26 million barrels per day in the second quarter of 2023, setting a new record of 103 mb/d.

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