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3 Pipeline Stocks to Thrive in a Volatile Energy Market: WMB, KMI, ENB
WMBWilliams(WMB) ZACKS·2024-10-11 14:16

The oil-energy sector is marked by significant uncertainty, with many companies highly vulnerable to sharp fluctuations in oil and natural gas prices. The extreme volatility in oil prices since the COVID-19 pandemic is a clear example. On April 20, 2020, the price of West Texas Intermediate crude dropped to an unprecedented low of negative 36.98perbarrelbeforeskyrocketingto36.98 per barrel before skyrocketing to 123.64 by March 8, 2022, as global economies began to reopen.Despite this volatility, investors need not shy away from the secto ...