What is the Energy Sector ?
The Energy Sector is a category of stocks that relates to producing or supplying energy. This sector includes companies involvedin the exploration and development of oil or gas reserves, oil and gas drilling, or integrated power firms.
Investopedia explains the ‘Energy Sector’
Performance in the sector is largely driven by the supply and demand for worldwide energy. Energy producers will do very well during times of high oil and gas prices, but will earn less when the value of energy drops. Furthermore, this sector is sensitive to political events, which historically have driven changes in the price of oil.
The Clean Tech Ecosystem
Love that it’s simple words but very informative for the ones not familiar with the energy sector! Thanks for sharing Jerome!
I hope that this is informative and useful for anyone who is curious about the sector.