Top 10 Energy Stocks on ASX [2022] | Stake (2023)

Key highlights:

  • The top energy stocks on the ASX are led by Australia's gas and coal exporters
  • Natural resources are a major reason for inflation and had higher returns than average
  • Government intervention could modify future performances

Top energy stocks on ASX

Trading volumes can provide signals for buying and selling opportunities in technical analysis. Greater overall trading levels for stocks tend to come with a large cap. Some energy shares have various business segments, whilst others are single product operations. Many renewables are part of diversified groups or have been taken private by investors in Australia.


Company Name

Stock Price

Year to Date

Market Capitalisation


Santos Limited





Whitehave Coal Limited





Origin Energy Limited





Paladin Energy Ltd





Ampol Limited





Yancoal Australia Limited





Woodside Energy Group Ltd





Strike Energy Limited





Renascor Resources Limited





Boss Energy Ltd




Data as of 13/12/2022.

Whether these ASX stocks can maintain past performance remains to be seen. The Australian government has proposed to cap coal and gas prices for at least one year to shield consumers from rising costs. This move could delay future investment decisions and play a role in limiting medium-term supplies. Keeping the energy sector running smoothly over the transition period to renewables is an ongoing challenge.

Start trading the best performing energy stocks on the ASX, sign up here.

Discover the top energy stocks to watch

1. Santos Limited (STO)

Market Capitalisation: $23.62b

Stock price (as of 13/12/22): $7.10

Stake Platform Bought / Sold (1 Jan 2022 - 09 Dec 2022): 61% / 39%

Santos is a major oil and gas exploration and production company. It started operations in the Cooper Basin in the 1960s and has expanded with assets in Papua New Guinea, East Timor and the U.S.A. It's one of Australia’s biggest domestic gas suppliers and a leading liquified natural gas (LNG) supplier in the Asia Pacific region.

The STO share price has benefitted from plans to implement a simplified capital management framework to facilitate higher shareholder returns. It could pay out around 40% of free cashflow from annual operations from FY23. Santos also announced another share buyback of $517m starting in December.

2. Whitehaven Coal Limited (WHC)

Market Capitalisation: $8.26b

Stock price (as of 13/12/22): $9.56

Stake Platform Bought / Sold (1 Jan 2022 - 09 Dec 2022): 57% / 43%

Whitehaven operates and develops thermal and metallurgical coal mines throughout Queensland (QLD) and New South Wales (NSW). They've benefited from increased demand due to sanctions on Russian coal and uncertainty around gas supplies in the northern hemisphere.

(Video) The Best Companies Within The Energy Sector (Australia ASX)

Whitehaven remains well-funded, achieving a record average coal price of $581 per tonne and generating $1.55 billion of cash in the September quarter. High prices allowed financial success despite an actual decline in production. FY22 saw the payout of its largest dividend on record of $0.40 per share.

In our list of the best dividend stocks on ASX, Whitehaven can be found along names like BHP, Rio Tinto and Telstra.

3. Origin Energy Limited (ORG)

Market Capitalisation: $12.49

Stock price (as of 13/12/22): $7.25

Stake Platform Bought / Sold (1 Jan 2022 - 09 Dec 2022): 57% / 43%

Origin Energy is an integrated electricity generator, and electricity and natural gas retailer. The company has wind, solar and hydro projects in the pipeline, including the 60MW Yanco Solar Farm and the planned 90MW Carisbrook Solar Farm.

Origin has received a takeover bid from Brookfield and EIG partners to enable a quicker move towards net zero goals at a 60.6% premium to the average November stock price. This move helped the ORG share price rocket to 34% return this year, although the gas price cap could put the deal in jeopardy.

4. Paladin Energy Ltd (PDN)

Market Capitalisation: $2.06b

Stock price (as of 13/12/22): $0.69

Stake Platform Bought / Sold (1 Jan 2022 - 09 Dec 2022): 61% / 39%

Paladin plans to restart the Langer Heinrich mine in Namibia on the back of increased uranium prices. The asset already has a 10 year track record and could produce over 76 million pounds of uranium in the future. There's potential for further resource generation from exploration assets in Australia and Canada.

With first production targeted for early 2024, profitability is some time away. Investors have remained sceptical and the Paladin Energy stock price is down more than 21% over 2022. Although an early investment decision could be rewarded if the expectations of a nuclear industry renaissance come true.

Paladin is featured in our list of top uranium stocks on the ASX.

(Video) Which ASX energy stocks are set to ride the next big market wave?

5. Ampol Limited (ALD)

Market Capitalisation: $6.58b

Stock price (as of 13/12/22): $27.56

Stake Platform Bought / Sold (1 Jan 2022 - 09 Dec 2022): 61% / 39%

Ampol's main activities cover a range of key petroleum businesses, including the purchase, supply, refining, distribution and sale of products. They are the largest transport energy distributor and retailer in Australia with over 1,900 branded petrol stations.

Despite high fuel prices Ampol shares actually suffered a 7% loss in 2022. Earnings were below expectations and jet fuel demand recovered more slowly in the first half of the year. It managed to raise $150m for a sustainability strategy, which would involve cutting carbon emissions and increasing the number of EV charge points.

6. Yancoal Australia Limited (YAL)

Market Capitalisation: $7.90b

Stock price (as of 13/12/22): $5.98

Stake Platform Bought / Sold (1 Jan 2022 - 09 Dec 2022): 64% / 36%

Yancoal owns, operates or holds participating stakes in eleven coal mines located across QLD, NSW and Western Australia (WA). Its production is primarily exported to Asia, as its average annual volumes of thermal coal could power the equivalent of 30 million homes.

Its financial success in 2022 is largely the result of higher realised coal prices. They were 211% higher in the first nine months of 2022 than in the same period last year. Yancoal paid $1.6b in dividends in 2022 and debt repayments of $3.4b over the past year, despite slowdowns in production due to labour shortages and wet weather.

7. Woodside Energy Group Ltd (WDS)

Market Capitalisation: $66.63

Stock price (as of 13/12/22): $35.09

Stake Platform Bought / Sold (1 Jan 2022 - 09 Dec 2022): 55% / 45%

(Video) Top Performing ASX Energy Stocks - The KOSEC Show Clips 16/09/2022

Woodside Energy is a top ten independent company in the global oil and gas market, being boosted by a merger with BHP Group in June 2022. A market cap of $66b makes it the largest amongst ASX energy stocks. They have exploration, development and operation activities across several countries.

They are an important local LNG player, with the product accounting for 48% of its product mix in FY22. Woodside expects its overall production to grow at over 4% CAGR from 2023 to 2027. The WDS share price has risen 54% in 2022 with higher commodity demand and the company became a top five dividend payer on the ASX.

8. Strike Energy Limited (STX)

Market Capitalisation: $706.18m

Stock price (as of 13/12/22): $0.33

Stake Platform Bought / Sold (1 Jan 2022 - 09 Dec 2022): 65% / 35%

Strike Energy is focusing on commercialising its gas discovery in WA and building a fertiliser manufacturing segment for future value addition to the business. They have onshore positions north of Perth and are looking into a potential geothermal power project.

Strike recently increased its shareholding in Warrego Energy (WGO) to 19.9%, a company with nearby gas tenements in WA. STX share price is expected to be affected by Warrego's takeover by Gina Rinehart's Hancock Energy after outbidding Beach Energy (BPT) in December 2022.

9. Renascor Resources Limited (RNU)

Market Capitalisation: $637.48m

Stock price (as of 13/12/22): $0.27

Stake Platform Bought / Sold (1 Jan 2022 - 09 Dec 2022): 64% / 36%

Renascor Resources is developing a vertically integrated battery anode project in South Australia. The outputs from the world's second largest graphite deposit, named Siviour, will be processed into purified spherical graphite (PSG) to be used in lithium-ion batteries.

The RNU share price rose rapidly in recent months after news of securing approval to construct its manufacturing plant and upgrades to its Siviour resource to reach an overall 81% rise in 2022. The outcomes of a $70m raise from institutional investors in December could impact the share price in the short-term.

10. Boss Energy Ltd (BOE)

Market Capitalisation: $749.23m

(Video) The 6 BEST Australian Dividend Stocks Right Now (2022)

Stock price (as of 13/12/22): $2.13

Stake Platform Bought / Sold (1 Jan 2022 - 09 Dec 2022): 63% / 37%

Boss Energy plans to enter the latest uranium bull run with its fully permitted Honeymoon mine to produce up to 3.3 million pounds annually. It has $170m of established infrastructure, which includes a plant under care and maintenance when the mine closed in 2013.

The location in South Australia is advantageous, it’s the only state with support from both sides of the government for producing uranium mines. Although investor appetites have been dampened in the short-term with rising interest rates and production seeming far off in late 2023, as the BOE share price has fallen 13% in 2022.

How are energy stocks classified?

The popular Global Industry Classification Standard (GICS®) divides the energy sector into two parts. The first is oil, gas, coal and consumable fuels and the second is energy equipment and services. They can be further organised by business focus, which is usually related to their stage in the supply chain. Energy shares can also be grouped into non-renewable and renewable sources.

Although a wider range of businesses are commonly associated with the sector and are often informally included. Under GICs metals, mining and chemicals would fall under materials. Utilities also have their designation. This means strictly sticking to energy companies won't always cover investments such as lithium stocks and electricity providers.

Energy stocks FAQs

Are energy stocks risky investments?

The sector is known for its cyclical nature. Businesses are capital intensive and often face multi-year waits to complete projects. Attempting to time investment decisions to take advantage of the boom and bust is a risky venture. Some subgroups such as exploration firms generally come with higher uncertainty compared to producers.

Energy prices can be volatile and are greatly affected by factors outside the industry. Oil prices went from being negative during 2020 as demand collapsed due to the Covid-19 pandemic to record highs due to shortages by the end of 2021. Geopolitical events like the Russia-Ukraine conflict and organisations such as OPEC (Organisation of Petroleum Exporting Countries) have an outsized influence on the markets.

There are also safety and environmental concerns with the sector. As carbon emissions are increasingly penalised, some operators are likely to need to significantly adapt their business activities to avoid extra costs.

What has been the best performing energy stocks on ASX?

The details reveal differing performances amongst commodities and sub-sectors in the energy sector. Coal miners had the highest returns due to significant increases in global demand in 2022 from countries exiting Covid-19 restrictions and the fallout from Russia-Ukraine conflict.

In the year to date, the Whitehaven Coal share price was up 246%, Stanmore Resources’ 156% and New Hope Corporation’s 146% by 13 December 2022. Oil and gas prices were more volatile with performances of 54% over the same period by Woodside Energy Group and Strike Energy at 48%. Other commodities also outperformed with Renascor Resources reaching 81%, although uranium companies failed to share this level of momentum.

This does not constitute financial product advice nor a recommendation to invest in the securities listed. Past performance is not a reliable indicator of future performance. As always, do your own research and consider seeking appropriate financial or taxation advice before investing.


What are the best energy stocks to buy for 2022? ›

Energy sector stocks to buy
1 more row

What is the best energy stock to buy? ›

Best Value Energy Stocks
Price ($)12-Month Trailing P/E Ratio
PDC Energy Inc. (PDCE)61.923.2
Ovintiv Inc. (OVV)49.303.5
APA Corp. (APA)43.844.2

Which energy stock is best to buy now in India? ›

List of Best Energy Stocks in India 2023
  • Reliance Industries.
  • ONGC.
  • Adani Green.
  • Oil India.
  • GAIL (India)
  • Indraprastha Gas.
  • Coal India.
Jan 11, 2023

What is the best stock to invest in ASX? ›

January 19, 2023
  • 1 Best Shares to Buy Right Now which are Undervalued Stocks on the ASX. 1.1 Ioneer (ASX:INR) 1.2 Amcor (ASX:AMC) 1.3 Rio Tino (ASX:RIO) 1.4 Scentre Group (ASX:SCG) 1.5 Core Lithium (ASX:CXO)
  • 2 How We Pick The Best Shares To Buy Right Now.
4 days ago

What is the best clean energy stocks? ›

Best Green Energy Stocks to Buy
  • Sunworks, Inc. (NASDAQ:SUNW)
  • Brookfield Renewable Partners L.P. (NYSE:BEP)
  • NextEra Energy, Inc. (NYSE:NEE)
  • Canadian Solar Inc. (NASDAQ:CSIQ)
  • Clearway Energy, Inc. (NYSE:CWEN)
  • TPI Composites, Inc. (NASDAQ:TPIC)
Dec 7, 2022

What stock has the most potential to grow in 2022? ›

Top 5 Stocks of 2022
  1. Occidental Petroleum Corp. ( OXY) Year-to-Date Return: 139.9%3. ...
  2. Constellation Energy Corp. ( CEG) Year-to-Date Return: 126.9%3. ...
  3. Antero Resources Corp. ( AR) Year-to-Date Return: 111.0%3. ...
  4. Texas Pacific Land Corp. ( TPL) Year-to-Date Return: 104.1%3. ...
  5. Signify Health Inc. (SGFY) Year-to-Date Return: 101.3%3.
Dec 6, 2022

Which are the top 5 energy companies? ›

In 2022, you could therefore identify a "big seven" based on market share:
  • British Gas.
  • EDF Energy.
  • E. ON Next.
  • Octopus Energy.
  • OVO Energy.
  • ScottishPower.
  • Shell Energy.
Sep 12, 2022

What is the fastest growing energy technology? ›

Renewable energy is the fastest-growing energy source globally and in the United States.

What is the most profitable energy company? ›

What Is the Biggest Energy Company in the World?
CompanyRevenue per Second in 2021
3Saudi Aramco$10,418
26 more rows

Which stock will boom in India? ›

S.No.NameCMP Rs.
6.Natco Pharma540.00
7.Sonata Software582.40
8.Balaji Amines2450.00
9.Saregama India351.00
22 more rows

Which is best stock for long term? ›

Best Long Term Stocks India: Overview
  • 1) Reliance Industries. ...
  • 2) Tata Consultancy Services (TCS) ...
  • 3) Infosys. ...
  • 4) HDFC Bank. ...
  • 5) Hindustan Unilever.
Jan 12, 2023

Which is best solar stock in India? ›

  • Suzlon Energy Ltd.
  • Urja Global Ltd.
  • Websol Energy Systems Ltd.
  • Surana Solar Ltd.
  • Ujaas Energy Ltd.
  • Waa Solar Ltd.
  • Gita Renewable Energy Ltd.
Nov 15, 2022

What is the best investment in Australia now? ›

10 top investment options for young Australians in 2023
  • Cryptocurrency.
  • Equities.
  • Managed/index funds.
  • ETFs.
  • Property.
  • P2P lending.
  • Savings accounts.
  • Term deposits.

What is the best performing stock in Australia? ›

Best performing stocks on the ASX in 2023 (Updated weekly)
  • Cettire Ltd.
  • Weebit Nano Ltd.
  • Australian Ethical Investment Ltd.

What company is leading in renewable energy? ›

Five top renewable energy stocks in 2023
Renewable Energy StockTicker SymbolMarket Capitalization
NextEra Energy(NYSE:NEE)$167.2 billion
Brookfield Renewable(NYSE:BEP) (NYSE:BEPC)$5.0 billion
Clearway Energy(NYSE:CWEN) (NYSE:CWEN.A)$6.2 billion
First Solar(NASDAQ:FSLR)$17.9 billion
1 more row
Jan 10, 2023

Is it good to buy energy stocks? ›

energy stocks The energy sector has torched the market in 2022, but the pros say that even after breathtaking gains, these oil and gas stock picks have at least 20% more upside. energy stocks Gas prices have spiked to their highest level in over a decade, which could create more upside for these three refining stocks.

Who has invested the most in renewable energy? ›

In 2022 chinese investment in clean energy is the highest worldwide. China pumped more than 90 billion USD into clean energy research and development.

What is the fastest growing stock right now? ›

Fastest-Growing Stocks
Price ($)Revenue Growth Latest Quarter (%)
Coterra Energy Inc. (CTRA)25.33472.7
Performance Food Group Co. (PFGC)60.7541.7
Tripadvisor Inc. (TRIP)18.1651.5
2 more rows

What Stocks Will Make Me Rich in the future? ›

With that in mind, these 10 stocks could make you a millionaire in 2022:
  • Microsoft (NASDAQ:MSFT)
  • Berkshire Hathaway (NYSE:BRK-A, NYSE:BRK-B)
  • Nvidia (NASDAQ:NVDA)
  • Nike (NYSE:NKE)
  • Innoviva (NASDAQ:INVA)
  • BrightSpere Investment Group (NYSE:BSIG)
  • The Aaron's Company (NYSE:AAN)
Jan 26, 2022

What penny stocks grow the fastest? ›

Fastest Growing Tech Penny Stocks
Price ($)Revenue Growth (%)
Otonomo Technologies Ltd. (OTMO)0.411,120
IonQ Inc. (IONQ)4.941,090
Nano Dimension Ltd. (NNDM)2.34646.1

Who are the big 6 energy suppliers now? ›

These days, the Big 6 energy companies are commonly identified as incorporating British Gas, EDF Energy, EON, Npower, Scottish Power and SSE.

What is the biggest energy company in Australia? ›

Biggest energy providers by market share in NSW

EnergyAustralia: 25.2% AGL: 24% Red Energy: 8.6% Alinta Energy: 3.2%

What is the best energy company in Australia? ›

The best electricity provider in Australia
  • Diamond Energy. CHOICE Expert Rating: 100% ...
  • Enova Energy. CHOICE Expert Rating: 91% ...
  • Momentum Energy. CHOICE Expert Rating: 86% ...
  • Discover Energy. CHOICE Expert Rating: 84% ...
  • ReAmped Energy. CHOICE Expert Rating: 82% ...
  • Tango Energy. CHOICE Expert Rating: 81% ...
  • Energy Locals. ...
  • Lumo Energy.
Apr 8, 2022

What is the biggest and most promising energy source? ›

A new study suggests wind, solar, and water offer the most potential as sources of clean, renewable energy. The findings come from Mark Jacobson, a professor of civil and environmental engineering at Stanford University.

What is the #1 source of energy for the Earth? ›

One of the most important sources of energy is the sun. The energy of the sun is the original source of most of the energy found on earth. We get solar heat energy from the sun, and sunlight can also be used to produce electricity from solar (photovoltaic) cells.

What energy source will replace oil? ›

The main alternatives to oil and gas energy include nuclear power, solar power, ethanol, and wind power.

Who is leading in energy storage? ›

NextEra Energy has more energy storage capacity than any other company in the U.S. With more than 180 MW of battery energy storage systems in operation, we're ensuring Americans have the energy they need, whenever they need it.

Is it too late to buy energy stocks? ›

If you are wondering if it's too late to get into energy stocks the best answer is no.

Which companies are profiting from the energy crisis? ›

BP, Centrica and Shell have announced more record profits and share buy-backs as energy bills become unaffordable.

Which is the safest stock in India? ›

Safe stocks
S.No.NameCMP Rs.
1.Standard Inds.32.85
2.EKI Energy1275.30
3.Hemang Resources100.85
4.Kwality Pharma341.75
22 more rows

Which share is best for next 5 years? ›

Growth stocks for next 5 years
S.No.NameCMP Rs.
1.Brightcom Group28.25
2.Easy Trip Plann.55.55
3.Balu Forge88.25
4.AVT Natural Prod104.20
22 more rows

What is the most profitable stock ever in India? ›

Reliance Industries Limited (RIL)
  • Mukesh Ambani led Reliance Industries Limited is the highest profit-making company in India having a diversified portfolio in multiple sectors such as oil, gas, retail, banking, digital and others. ...
  • In 2022, it became the first Indian company to cross $100 billion in terms of revenue.
Nov 28, 2022

What is the safest long term stock? ›

Dividend Aristocrats, which are companies that have increased dividends for at least 25 consecutive years, are considered safe stocks.
  1. Berkshire Hathaway. Berkshire Hathaway (NYSE:BRK. ...
  2. The Walt Disney Company. ...
  3. Vanguard High-Dividend Yield ETF. ...
  4. Procter & Gamble. ...
  5. Vanguard Real Estate Index Fund. ...
  6. Starbucks. ...
  7. Apple.

What is the safest investment with highest return? ›

This is my list of the safest investments for 2023 that may still earn good returns.
  • High-Yield Savings Accounts.
  • Money Market Funds (MMFs)
  • Certificates of Deposit (CDs)
  • U.S. Government Treasury Bills.
  • Corporate Bonds.
  • Fixed Annuities.
  • Dividend-Paying, Blue-Chip Stocks.
  • Final Word: Safe Investments with High Returns 2023.
Jan 6, 2023

Who is No 1 in solar energy? ›

China's solar prowess is staggering. With a whopping 340 GW, the country is the largest producer of solar energy in the world.

What solar company did Warren Buffett invest in? ›

Berkshire, overseen by Buffett as chief executive officer, has been building MidAmerican's renewable efforts in recent years. MidAmerican estimates that it delivered 88% renewable energy to Iowa customers on an annual basis in 2021.

What is the best green energy stock to buy in India? ›

List of Top Renewable Energy Stocks You Can Invest in 2022
NameMarket Cap (Cr.)P/E Ratio
ADANI POWER1,24,94612.46
PTC INDIA2,6235.18
NLC INDIA11,5857.62
5 more rows
Nov 29, 2022

What to invest $10,000 dollars in Australia? ›

Broad-based exchange-traded funds (ETFs) can be a solid way to start your investment journey. An ETF is a collection of securities that can include shares, bonds, and commodities that are listed on the Australian Securities Exchange (ASX). The most significant advantage of ETFs is they provide instant diversification.

Where should I invest my 2022 in Australia? ›

The best ways to invest money in Australia
  • Equities.
  • Cash.
  • Property.
  • Fixed Income.
Sep 21, 2022

What should I invest in right now in Australia 2022? ›

8 best ASX shares for December 2022 (smallest to largest)
  • Shaver Shop Group Ltd (ASX: SSG), $145.42 million.
  • Renascor Resources Ltd (ASX: RNU), $635.68 million.
  • Lovisa Holdings Ltd (ASX: LOV), $2.53 billion.
  • JB Hi-Fi Limited (ASX: JBH), $4.89 billion.
  • Ltd (ASX: CAR), $7.76 billion.
Dec 1, 2022

What is the highest dividend stock in Australia? ›

VHY is by far the biggest dividend ETF in the Australian market with ~$2.3 billion under management. The next largest ETF is a seventh of the size, with SYI managing $295 million.

What is the best lithium stock to buy in Australia? ›

Dive into the Australian stocks below listed by market cap.
  • Top lithium stocks on ASX.
  • Pilbara Minerals Limited (PLS)
  • Mineral Resources Limited (MIN)
  • Allkem Limited (AKE)
  • Liontown Resources Limited (LTR)
  • AVZ Minerals Limited (AVZ)
  • Core Lithium Ltd (CXO)
  • De Grey Mining Limited (DEG)
Oct 19, 2022

What are the top dividend paying stocks in Australia? ›

Highest Dividend Yield
TAHTabcorp Holdings Ltd$1.13
LFSLatitude Group Holdings Ltd$1.37
BFLBSP Financial Group Ltd$4.80
GRRGrange Resources Ltd$1.08
61 more rows

What stocks will boom in 2023? ›

Jim Cramer says these 7 stocks will be winners in 2023
  • MS-0.47 (-0.48%)
  • TJX+0.02 (+0.02%)
  • DE-1.43 (-0.33%)
  • CAT-2.20 (-0.85%)
  • JNJ-1.07 (-0.62%)
  • HUM-0.90 (-0.18%)
  • LLY-3.88 (-1.07%)
Dec 20, 2022

What are the top 5 highest stocks? ›

Top 10 Expensive Stocks in the World
  • Alphabet Inc. ( Google)
  • Madras Rubber Factory Limited (MRF)
  • Amazon Inc.
  • Booking Holdings Inc.
  • NVR Inc.
  • Seaboard Corporation.
  • Berkshire Hathaway.
Jan 10, 2023

What are the hot stocks right now? ›

DHR Danaher Corp266.89+11.84
GNRC Generac Holdings Inc109.56+4.82
MTD Mettler-Toledo International Inc1,520.86+64.45
FCX Freeport-McMoRan Inc44.71+1.88
6 more rows

Are energy stocks good in 2022? ›

The best energy stocks had an impressive run in 2022. The energy sector is up roughly 50% for the year-to-date as of this writing – easily outperforming the broader equities market.

Will energy stocks rise in 2022? ›

The energy sector is coming off a strong year, as tight supplies and rising demand fueled high energy prices in 2022. Those dynamics are likely to continue into 2023, given the long lead time it takes to ramp up new supply and refining capacity.

What will energy stocks do in 2022? ›

Subramanian was also bullish on the energy sector, which she said has demonstrated spending restraint despite higher oil prices. The S&P 500 Energy Index's total return so far in 2022 is approaching 63%, which breaks down to 57% price appreciation and another 6% from yield.

Will renewable energy stocks go up 2022? ›

And growth is expected to continue for one of the best green energy stocks out there. "BEP's inflation-linked offtake contracts and self-funding investment model" should accelerate FFO growth 14% for 2022-2023 – up from 9% in 2021, says UBS Global Research analyst William Grippin (Buy).

Will energy stocks go up in 2023? ›

These energy companies are positioned to thrive under any oil market conditions. Oil prices enter 2023 in the mid-$70s -- around the same level they were at the start of 2022.

Which green energy stocks to buy? ›

Top Green Energy Stocks in India (2022): Green Energy Vs Renewable Energy
  • Zodiac Energy Ltd.
  • KP Energy Ltd.
  • Adani Green Energy Ltd.
  • Websol Energy System Ltd.
  • Borosil Renewables Ltd.
Nov 3, 2022

Should we invest in energy stocks? ›

Advantages of Investing in Energy Stocks

Energy is a major sector of the economy and accounts for trillions of dollars each year. The world economy needs power, creating sustained, long-term demand for the energy sector. Potential for high dividends or company growth.

Is it too late to invest in the energy sector? ›

If you are wondering if it's too late to get into energy stocks the best answer is no.

Why is energy stock dropping? ›

Unrest in China and the threat of more lockdowns there have investors worried about oil demand, leading oil prices to fall to levels unseen since late 2021.

Is Chevron Stock a buy? ›

Chevron has received a consensus rating of Hold. The company's average rating score is 2.38, and is based on 10 buy ratings, 9 hold ratings, and 2 sell ratings.

What is the most undervalued oil stock? ›

Best Undervalued Energy Stocks to Buy
  • Permian Resources Corporation (NYSE:PR) Number of Hedge Fund Holders: 26. ...
  • Energy Transfer L.P. (NYSE:ET) ...
  • Shell plc (NYSE:SHEL) ...
  • Pioneer Natural Resources Company (NYSE:PXD) ...
  • Marathon Oil Corporation (NYSE:MRO) ...
  • Devon Energy Corporation (NYSE:DVN) ...
  • EOG Resources, Inc.
Dec 5, 2022

What is the best energy option for the future? ›

Here is what we could expect to see for the energy of the future:
  1. Nuclear Energy.
  2. Hydroelectric Energy. ...
  3. Wind Energy. ...
  4. Biomass Energy. ...
  5. Geothermal Energy. ...
  6. Solar Energy. ...
  7. Wave Energy. Wave energy is a type of energy that uses the movement of the ocean's waves to generate electricity. ...

Are energy stocks a good buy in a recession? ›

Utilities: Energy companies do well during a recession because people still need electricity, gas, and water.


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