Trump's election win should benefit the fossil fuel segment of the energy sector as producers will be encouraged to drill for more oil and gas.
While the industry majors may not take advantage of the opportunities, preferring instead to focus on returning value to shareholders, other energy stocks should enjoy significant growth.
Oil giants like Exxon Mobil and Chevron are not likely to dramatically increase production but instead focus on their existing profitable projects.
Across the board trade tariffs could hurt foreign economies, lowering energy demand, as highlighted by China's weakening economy.
Collection
[
|
...
]