Halliburton Company is an American multinational corporation and one of the largest oil services companies in the world. The competitive dominance of the asset base, the low level of leverage in the sector and a founding family with several billion dollars invested with us make it one of the main assets in the portfolio. The company continues to focus on margin efficiency and is also investing in renewable diesel, which could become a good source of growth in the future. If you're looking to capitalize on the energy trend, TotalEnergies is a great option.
This French multinational energy company operates in several segments, including oil and gas exploration and production, renewable energy and power generation. They are committed to transitioning to a future with zero net emissions and have been investing more and more in renewable energy projects. Incorporating a diverse mix of conventional and renewable energy companies into its portfolio is aimed at investors with different risk profiles and helps mitigate overall risk by avoiding a comprehensive one-share approach. Jenny Harrington suggests that investors analyze these companies based on their cash flow and highlights the significant amount of money that can be earned in the energy sector.
SLB also regularly invests in research and development, which should help maintain its position as a leader in innovation in oil services. If you want to explore similar stocks, you can also take a look at the 5 best energy stocks to invest in according to analysts. Jenny Harrington spoke about the volatility of energy stocks and pointed out that, even when energy stocks fall, she thinks that when stocks fall to these low levels, they are actually convincing to buy. Navigating the complex landscape of energy stocks and seeking exceptional investment perspectives can be a demanding task, but the potential benefits make it a rewarding quest for those who manage to discover the hidden gems.
Before writing about the world of finance, Shrilekha worked as an equity research analyst for Credit Suisse, one of the main clients of investment banking. Investing in renewable energy can be a smart choice, as the sector is prepared to grow in the long term due to the growing global focus on sustainability and climate change. Energy stocks may not be completely safe during a recession, as energy demand may decline due to reduced industrial activity and consumer spending.