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Santanu Roy

The Worst Energy Stocks to Own This Month

NFE Santanu RoyHaving United States Natural Gas New Fortress Energy Inc

2023 looks set to be another good year for the U.S. energy sector amid steadily increasing demand for oil and gas from Asian economies and constrained supplies due to turbulent geopolitics and OPEC+ production cuts.

However, New Fortress Energy Inc. (NFE), HighPeak Energy, Inc. (HPK), and Lightbridge Corporation (LTBR) don’t seem fundamentally strong enough to cope with softening demand of conventional energy sources over the medium to long term, led simultaneously by macroeconomic headwinds and increasing adoption of renewable energy sources.

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