- Big oil's prospects face substantial regulatory and market challenges in the years ahead, even though XLE has enjoyed a strong bounce year to date after shedding nearly 33% in 2020.
- XLE's 6.1% gain so far this year stands out against mixed results for the rest of the main US equity sectors, based on trading through Wednesday's close (Jan. 27).
- nergy stocks still deserve a spot in a diversified portfolio, but investors need to be selective and mindful of the potential for unusually high volatility that resides in shares of old and new energy shares.
For further details see:
Energy Stocks Have Rallied In 2021. Will It Last?