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Which Independent Oil and Gas Stock is a Better Buy? By StockNews

by Mike Robinson

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© Reuters. Camber Energy Vs. PEDEVCO – Which Independent Oil and Gas Stock Is a Better Buy

Camber Energy, (CEI), PEDEVCO and (PED), are two companies that have outperformed 2021’s broader market. But, their stocks continue to fall behind the energy sector’s stellar recovery this year. So, let’s try to analyze which, if either, of the stocks is poised to deliver outsized gains to investors over the long term. Continue reading. After a terrible year in 2018, energy-sector businesses have seen a rebound. The XLE (NYSE:) ETF, which tracks the energy sector, is up more than 50% year to date compared to the S&P 500’s 19.5% returns.

Rising oil prices have fueled the sector’s recovery so far this year, and this trend is likely to continue in Q4. Investors have an opportunity to find players who could make huge gains in the near future, given this backdrop.

So, let’s compare two small-cap stocks in the oil and gas sector, Camber Energy (CEI) and PEDEVCO (PED), to see which is a better investment now.

Continue reading on StockNews

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