Since the oil and gas crash of 2014 and 2015, the industry has been mostly out of favor on Wall Street. Between 2017 and 2020 the energy sector produced a negative 39% total return compared to the market's over 80% gain -- taking the meaning of underperformance to a whole new level.
But in 2021, energy has so far been the top-performing sector as Saudi Arabian oil cuts have pushed West Texas Intermediate (WTI) crude oil prices above $50 for the first time since February 2020. Let's take a deep dive into the sector to determine where oil is going, if it's worth investing in -- and if so -- what stocks are the best buys right now.
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Source Fool.com