After sputtering all year, energy stocks finally got a boost last month. It wasn’t necessarily how company executives would have envisioned, however, because it took a devastating military strike against Saudi oil facilities to help the struggling sector post some decent gains on Wall Street.
Despite the military action that temporarily disabled 5% of the world’s crude production, Energy companies aren’t exactly charging into earnings season. While the temporary shortage gave some drilling and refining company stocks a shot in the arm in mid September, the sector is still by far the worst performing S&P