In this piece, I evaluated two energy stocks, Energy Transfer LP (ET) and Marathon Oil Corporation (MRO), to determine a better investment. I find ET a better pick for the reasons explained throughout this article.
Despite the shift to renewable energy sources, traditional sources of energy such as oil and gas will continue to witness solid demand in the long term due to rising energy needs, growth in population, rapid industrialization, etc. The oil and gas industry looks set for a solid recovery this year due to the ongoing geopolitical tensions in the Middle East and fears of supply outstripping demand due to supply restrictions by OPEC+.
