The energy sector is coming off a solid year, as sustained demand and constrained supplies fueled high oil and natural gas prices in 2022. This year, despite lingering concerns over economic uncertainty, continued demand-and-supply dynamics could likely drive energy prices higher.
Given the bright prospects of the energy industry, investing in fundamentally sound Geospace Technologies Corporation (GEOS) could be wise now for solid gains. On the other hand, investors should hold Schlumberger Limited (SLB) and wait for a better entry point in this energy stock.
