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StockNews.com
StockNews.com
Business
Shweta Kumari

FOUND: Power up profits with 3 energy stocks - You Need To See This

CHX DNOW Rex OPEC NOW Inc Oil ChampionX Corporation ConocoPhillips REX American Resources Corporation

The global oil market appears to be on a solid footing as the Organization of the Petroleum Exporting Countries (OPEC) emphasizes the robust fundamentals for the year's second half. The producer group maintains its optimistic forecast for strong oil demand in 2024 while revising its expectations for global economic growth upward.

Given this backdrop, adding quality energy stocks, REX American Resources Corporation (REX), NOW Inc. (DNOW), and ChampionX Corporation (CHX), with a focus on earnings consistency and high profitability, could be beneficial.

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