XOM - The 5 Worst Energy Stocks of 2020
The energy sector hasn't been too kind to investors in 2020. Several companies large and small have written down the value of their assets, cut dividends, missed interest payments, or flat-out gone bankrupt.
Instead of rattling off several energy stocks that are down close to 100%, it's probably more helpful to focus on recognizable companies from different segments. Let's discuss ExxonMobil (NYSE: XOM) , Diamond Offshore Drilling (NYSE: DO) , National Oilwell Varco (NYSE: NOV) , Occidental Petroleum (NYSE: OXY) , and Phillips 66 Partners (NYSE: PSXP) to highlight why these five companies have had a particularly challenging year.
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The 5 Worst Energy Stocks of 2020