Over the next month and a half, all our Model Portfolio and High Yield Energy List members are slated to report Q2 2021 earnings estimates.
Stocks in the S&P 500 Energy Index are expected to show 90.3% year-over-year growth in revenues in the current quarter; however, it’s crucial to remember that’s growth compared to historically depressed sales one year ago amid the height of the coronavirus lockdown recession and associated commodity price collapse.
That said, the consensus on Wall Street is expecting 3.8% and 27.4% year-over-year growth in revenues and earnings respectively for 2022 (next year). To put that in context, earnings for the energy sector are expected to grow at more than twice the S&P 500’s 12.4% next year while the information technology sector, long the index’s growth leader, is expected to show growth of just 11.2% in 2022.
Your complete guide to energy investing, from growth stocks to high-yielders.
In October 2012, renowned energy expert Elliott Gue launched the Energy & Income Advisor, a twice-monthly investment advisory that's dedicated to unearthing the most profitable opportunities in the sector, from growth stocks to high-yielding utilities, royalty trusts and master limited partnerships.
Elliott and Roger on Aug. 31, 2021
Balanced portfolios of energy stocks for aggressive and conservative investors.
Our take on more than 50 energy-related equities, from upstream to downstream and everything in between.
Our assessment of every energy-related master limited partnership.
Roger Conrad’s coverage of more than 70 dividend-paying energy names.