Oil prices are rebounding from their recent dip, driven by unprecedented demand and OPEC’s limited-supply policies. Furthermore, U.S. implied petroleum products demand recently rose to a record high, and uncertainties related to the Fed’s monetary policies were removed. It all bodes well in the future for Southwestern Energy. PDC Energy (NASDAQ:). What stock do you think is the best? Continue reading to find out more. Southwest Energy Company is a Houston-based independent energy firm that develops and produces oil as well as natural gas liquids. This company is focused on the development of unconventional natural gas, as well as oil reservoirs, in Pennsylvania, Ohio, West Virginia and West Virginia. PDC Energy, Inc., a Denver-based exploration and production firm, is an alternative company. It acquires, investigates, develops, produces, and distributes natural gas and natural gas liquids.

This year saw a strong demand and supply shortages, which led to oil and gas prices rising to new multi-year heights. Since April 1980, gasoline prices have risen by 58.1% since December 15th. This was their biggest increase in a year. Additionally, the price of fuel oil rose 59.3% while that for natural gas increased 25.1% in the last year.

U.S. Energy Information Administration’s (EIA), the U.S. Implied Petroleum Products Demand rose to a record 24.911 million bpd in the week that ended December 10. Oil prices rose approximately 2% yesterday on the EIA’s report and Fed’s interest-rate-increase timeline, removing some uncertainties. The upbeat environment suggests that oil and natural gas companies PDCE (and SWN) should be able to benefit. Over the past nine months, PDCE’s stock has gained 22.8% in price, while SWN has returned 5.1%. In terms of their past year’s performance, PDCE is the winner with 139.3% gains versus SWN’s 48.2%. Also, PDCE’s 125.8% gains year-to-date compare with SWN’s 52.7% returns.

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