Policymakers around the world are working toward limiting temperature increases to 1.5% above pre-industrial levels. To achieve this feat, countries are transitioning to cleaner energy sources. Despite the undergoing transition, the demand for traditional energy sources such as crude oil and gas is unlikely to slow down in the distant future.
In fact, many analysts expect oil and gas demand to rise in the long run. Given the industry’s steady growth prospects, it could be wise to add energy stocks Halliburton Company (HAL), Helmerich & Payne, Inc. (HP), and Delek US Holdings, Inc. (DK) to one’s watchlist.
