Editors’ Note: Over the next few weeks, the energy sector will report Q1 results and management teams will update guidance for 2021 and beyond. At stake is whether individual companies are holding up at this stage of the energy price cycle. And we’ll get answers to questions ranging from dividend safety and growth prospects to balance sheet strength, which in turn could determine whether we want to continue holding recommended stocks. The results of individual companies will also provide valuable clues to the progress of the energy price cycle itself. And we expect to see our thesis tested and affirmed that the sector has passed the bottom with the next stage of recovery well within sight.