Due to the conflict between Ukraine and Russia, energy prices soared last year. Energy prices are again rising this year. The energy sector will likely benefit from production cuts and surging demand. Therefore, it could be wise to buy fundamentally sound energy stocks MPLX LP (MPLX), Gibson Energy Inc. (GBNXF), and CONSOL Energy Inc. (CEIX).
Below I have discussed several reasons why buying these stocks could be a step in the right direction.
