Despite an increased adoption of renewable energy sources, the strong demand for oil and gas is unlikely to diminish soon. Moreover, constrained supply could trigger a price rise, which is anticipated to positively stimulate the overall energy sector – a substantial factor to be considered by potential investors.
Given this backdrop, fundamentally strong energy stocks Marathon Petroleum Corporation (MPC), Par Pacific Holdings, Inc. (PARR), and Graham Corporation (GHM) could be solid buys now.
