Investing in energy stocks can be a lucrative way to diversify your portfolio and potentially earn significant returns. In the S&P 500, there are several energy companies that offer promising investment opportunities. Here are the 10 best energy stocks in the S&P 500, based on their performance over the past year.
- Devon Energy Corporation (DVN)
Devon Energy Corporation is a leading independent oil and natural gas exploration and production company. Its stock price has increased by over 100% in the past year, making it one of the best performing energy stocks in the S&P 500.
- Diamondback Energy Inc. (FANG)
Diamondback Energy is an independent oil and gas company that operates in the Permian Basin. Its stock price has increased by over 70% in the past year.
- ConocoPhillips (COP)
ConocoPhillips is one of the world’s largest independent exploration and production companies. Its stock price has increased by over 60% in the past year.
- Marathon Oil Corporation (MRO)
Marathon Oil is an independent exploration and production company that focuses on the development of unconventional resources. Its stock price has increased by over 50% in the past year.
- EOG Resources Inc. (EOG)
EOG Resources is an independent oil and gas exploration and production company. Its stock price has increased by over 45% in the past year.
- Pioneer Natural Resources Company (PXD)
Pioneer Natural Resources is an independent oil and gas exploration and production company that operates in the Permian Basin. Its stock price has increased by over 40% in the past year.
- Halliburton Company (HAL)
Halliburton is a global provider of products and services to the energy industry. Its stock price has increased by over 30% in the past year.
- Occidental Petroleum Corporation (OXY)
Occidental Petroleum is an international oil and gas exploration and production company. Its stock price has increased by over 25% in the past year.
- Phillips 66 (PSX)
Phillips 66 is a diversified energy manufacturing and logistics company. Its stock price has increased by over 20% in the past year.
- Valero Energy Corporation (VLO)
Valero Energy is a refining and marketing company that produces transportation fuels and petrochemicals. Its stock price has increased by over 15% in the past year.
Investing in energy stocks can be a profitable strategy for diversifying your portfolio. The S&P 500 contains several promising energy companies that have demonstrated strong performance over the past year. As with any investment, it’s important to conduct thorough research and consult with a financial advisor before making any decisions.
