
With the Federal Reserve’s balancing act living up to expectations, investing in Marathon Petroleum Corporation (MPC), Valero Energy Corporation (VLO), Halliburton Company (HAL), and NexTier Oilfield Solutions Inc. (NEX) could help capitalize on the energy sector tailwinds.
While the banking crisis has been contained for the time being by the joint effort of the Federal Reserve, the Treasury Department, the FDIC, and a few major banks, Jerome Powell has acknowledged that financial conditions have tightened more than expected in the wake of the crisis.