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4 Must-Own International Energy Stocks to Buy Right Now -Breaking

by Mike Robinson

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© Reuters. Here are 4 must-have international energy stocks to buy right now

Energy was the second-best performing industry in the S&P 500 last month, thanks to surging prices. And since the industry’s prospects look bright with rising demand from recovering economies, we think it could be wise to bet now on fundamentally sound international energy stocks PJSC Lukoil (LUKOY (OTC:)), Vermilion Energy (NYSE:), GeoPark (NYSE:), and Transportadora de Gas del Sur S.A. (TGS). Keep reading. In order to stop the spread COVID-19, the energy-intensive industry had to be shut down for the last year. These industries, which have made solid progress with vaccinations and are now open again, will see a significant increase in energy consumption.

While the demand is rising, major oil-producing countries’ curbed supply has driven crude oil prices to new highs. The demand for oil is predicted to rise, which should make it easier for companies in the energy sector. The 89.1%, 103.5% and respective returns of iShares Global Energy (NYSE:) and Energy Select Sector SPDR (NYSE:) respectively over the last year show strong investor interest.

Therefore, International energy stocks PJSC Likoil (LUKOY), Vermilion Energy Inc./VET, GeoPark Limited(GPRK) as well as Transportadora de Gas del Sur S.A.

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