A tale of two markets: The case for neglected energy stocks

How to reignite a sector slowly losing its way

The past two years could be described as a 'tale of two markets'.

One portion of the global equity market has appreciated substantially and appears priced for perfection, while the other has lagged and is priced for continued disappointment.  Is 'big oil' failing to react to economic changes and investor demand? Energy stocks are a good illustration of the value that has emerged in recent years in the most neglected areas of the market. While oil prices ended 2019 almost exactly where they were at the start of 2018, there has been plenty of volatility along the way and this has weighed on returns for the sector. Are we just taking a gamble on ...