Trade alert: The Market Is Ignoring This Corner of Energy
A cash-gushing oil & gas business trading at a discount to peers, assets, and fundamentals at a time when the energy sector is still deeply unloved.
I recently noted that energy was the one S&P 500 sector still trading below its 10-year average valuation, making it a glaring outlier in a market otherwise driven up by tech mega-caps.
In that weekly piece, I confessed that I held zero oil & gas stocks at the time, a gap I intended to fill. Many readers responded with suggestions (thank you all and a special thanks to JB for the extensive list!), helping me assemble a shortlist of energy candidates: major refiners like VLO and PSX, a niche specialty player (CLMT), a large integrated refiner MPC, and PARR, a smaller refining underdog. After reviewing them, one stood out as the best fit for our portfolio’s December pick.