The energy sector should continue to face solid demand this year. In this article, we take a closer look at three fundamentally sound energy stocks, namely Shell plc (SHEL), ARC Resources Ltd. (AETUF), and Scorpio Tankers Inc. (STNG), to help you determine whether they are worth adding to your portfolio.
Despite the inherently cyclical nature, the energy sector had an impressive run thanks to soaring oil and gas prices, exacerbated by Russia’s invasion of Ukraine. The sector’s robust performance is evident from the S&P 500 Energy Sector Index's 38.5% gains year-to-date.
