List of key points:
List of increases:Western Oil has risen 143.94% this year, ranking first among US energy stocks.
Ranking of the number of times reaching a new high:Chevron Corp, who increased his holdings aggressively by Warren Buffett, reached a new high 46 times this year, and his performance was very eye-catching.
Dividend yield ranking:Petroleo Brasileiro SA Petrobras's dividend yield is as high as 25.18%, far higher than other stocks.
Since the beginning of 2022, the US Consumer Price Index (CPI) has continued to climb, reaching a 40-year high. Gasoline prices have soared, rising despite Biden's announcement on March 31st that he would release 180 million barrels of oil from the US strategic oil reserve in response to current supply shortages and high prices.
Following the previous periodThe performance of US stocks in the first half of the yearAfter that, this article will continue to review with you the performance of US energy stocks in the first half of this year.
1. List of energy sector gains in US stocks in the first half of 2022
Factors such as geopolitical turmoil, supply chain troubles and rising risk aversion have pushed commodity prices higher, oil and gas prices have continued to soar, and US energy stocks have strengthened. Since the beginning of 2022, the energy sector has led the major sectors in terms of growth, with a cumulative increase of 56.32 per cent, according to Wind industry data.
As of June 8, western oil has risen 143.94% this year, ranking first on the list of u.s. energy stocks. In addition, Exxon Mobil Corp also performed well. Since the beginning of the year, the share price has risen 72.56%, with a market capitalization of more than $435.4 billion. Wall Street banks Evercore, Credit Suisse and Goldman Sachs Group have raised their target prices one after another, and Evercore is bullish on it to $120.
2. The ranking of the number of US energy sector stocks reaching record highs in the first half of 2022
In terms of the number of energy stocks reaching new highs, Chevron Corp's performance was the most eye-catching, ranking first with 46 new highs. ConocoPhillips, Canadian natural resources, marathon crude oil and Enqiao have all set new highs for 30 times. In addition to building positions in Western Oil, Buffett has also made a big increase in Chevron Corp this year. These two oil stocks are among the top 10 stocks, accounting for 9.26% of the portfolio.
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3. Ranking of dividend yields of US stocks in energy sector in the first half of 2022
As far as the dividend yield of energy stocks is concerned, Petroleo Brasileiro SA Petrobras's dividend yield is as high as 25.18%, far higher than other stocks. Enterprise Products, TC Energy, Pioneer Natural Resources and Enqiao also performed well in terms of dividend yields, all of which exceeded 6 per cent.
With the EU ban on Russian crude oil shipping, the price of Brent crude oil rose above the $120 mark more than two months later last week. For a while, the enthusiasm of market participants for the long crude oil market also seems to be being ignited in an all-round way. Goldman Sachs Group insisted on being bullish on oil prices and bullish on refiners, while the big bears in the two major crude oil markets, Berkeley and Citigroup, also surrendered one after another. At the same time, in the environment of energy transformation, some investors are beginning to doubt that the future of oil and gas companies may not be so bright.
Whether energy stocks can remain strong in the second half of the year, let's wait and see!
Other inventory articles over the years:
Edit / Ruby, Annie