MPLX - 3 Top Energy Stocks to Buy Right Now
It sounds glib to say that energy is the most unloved sector on the stock market today, but there are some numbers to back it up. The energy sector weight in the S&P 500 is the lowest it has been in decades and is less than 5% of the entire index. That market bashing isn't unjustified, though. Many companies in the energy sector have been burning cash at the same rate they are flaring natural gas in the Permian Basin.
Despite all the bad actors in the business flooding the market with cheap joules and worsening the rate of return for everyone in the industry, there are still some companies that are making the right moves. So we asked three of our Motley Fool contributors to each highlight an energy stock they think is a good buy today. Here's why they picked Core Laboratories (NYSE: CLB), TerraForm Power (NASDAQ: TERP), and MPLX LP (NYSE: MPLX).
Image source: Getty Images.