Exit Now! 3 Energy Stocks to Sell in February 2024.
A wave of consolidation is sweeping through the energy sector right now. Since last autumn, a number of billion-dollar takeover deals have been announced that are focused on the Permian Basin situated across parts of Texas and New Mexico. The consolidation comes as oil prices continue to slump and large energy companies struggle with declining production, reduced profits, and the global transition to clean energy alternatives. This backdrop has led to this list of energy stocks to sell.After peaking at more ...