Even Though Oil Prices Are Down, These 3 Energy Stocks Have Plenty of Fuel to Continue Growing

Crude oil prices have slumped about 15% over the past year. That has pushed West Texas Intermediate (WTI), the primary U.S. oil price benchmark, below $70 a barrel. That decline will weigh on the oil-fueled cash flows of many energy companies.However, some energy stocks are in a better position to handle oil price volatility than others. ExxonMobil (NYSE: XOM), Plains All American Pipeline (NASDAQ: PAA), and Chevron (NYSE: CVX) stand out to these three Motley Fool contributors for their ability to thrive amid oil price volatility. That makes them great energy stocks to buy for those seeking durable growth amid the gyrations of crude prices.Reuben Gregg Brewer (ExxonMobil): If you think energy prices are volatile right now, go back to 2020. That year, when the pandemic led to economic shutdowns around the world, oil crashed to painful lows.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool