3 Top Energy Stocks to Consider Buying Right Now
The energy sector is surely out of favor right now. The surge in gasoline demand in the summer driving season was quickly overshadowed by rising coronavirus cases.
While climbing cases is clearly a concern, energy stocks may get a little boost if OPEC extends oil production cuts. With uncertainty ruling the roost, investors will do best by investing in energy stocks that are likely to perform well irrespective of oil prices. Three such stocks are Chevron (NYSE: CVX), Kinder Morgan (NYSE: KMI), and Valero (NYSE: VLO). Let's look at why you should consider buying these stocks right now.
Among the integrated oil majors, Chevron easily stands out for its strong balance sheet. In uncertain times, that is a crucial differentiator.
Source Fool.com
