Published on 29 May 2024 on MarketWatch via Yahoo Finance
These companies are expected to be the fastest earnings growers in the cheap S&P 500 energy sector
Chevron’s Leviathan natural gas platform in the Mediterranean Sea. Analysts expect the company to increase its earnings per share at an annual pace of 7.4% from 2024 through 2026. - Chevron Corp.
(Updated with Wednesday’s announcement of ConocoPhillips’ deal to acquire Marathon Oil Corp.)
Energy stocks as a group are cheaply priced to expected earnings, even though the sector has been the best performer in the S&P 500 over the past three years, by far.