3 Great Energy Stocks You Can Buy for Under $100
The pandemic led to a steep drop in demand for oil and natural gas, pushing prices down and leading to a drop in capital spending throughout the energy sector. As global growth recovered, demand outstripped supply and pushed prices higher.
Geopolitical issues now have investors worried that supply will be even harder to come buy, with energy prices hitting triple digits. If that has you interested in the energy space, you'll want to check out industry giant ExxonMobil (NYSE: XOM), Canadian oil sands expert Suncor Energy (NYSE: SU), and Enterprise Products Partners (NYSE: EPD), all of which still have stock prices below $100 per share.
Exxon is one of the largest oil and natural gas companies in the world, with a huge $360 billion market cap. It also offers a generous 4.2% dividend yield. But what's most interesting about its business is that its globally diversified and integrated model is built to survive the industry's inherent ups and downs.
Source Fool.com
