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Energy Stock |
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Energy Stock A stock in a company whose predominant business is the production or sale of energy. Energy stock may include shares in both upstream companies, such as oil exploration firms, and downstream companies, such as oil refineries. Energy stocks have historically been dominated by oil and natural gas, but alternative energy companies are sometimes publicly-traded as well. Energy stock prices are largely determined by the supply and demand for energy and as such tend to be seasonal; they are also quite sensitive to political events. See also: Political risk. How to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit webmaster's page for free fun content. |
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Oil – monthly chart
Crude oil has held its value over energy stocks for the majority of the time since 2003. An added appeal, especially for contrarian investors, is that while mainstream tech and energy stocks are hardly cheap, many of the ones at the cusp of the two sectors have fallen out of favor and may prove to be bargains. Energy stocks featured among the biggest losers as oil fell towards $77 a barrel. |
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