From Nasdaq: 2024-04-10 17:08:33

Big Oil is outperforming Big Tech in 2024, with energy stocks like XLE up over 13% in the first quarter. Oil supermajors like Exxon Mobil, Chevron, and Shell are returning record amounts to shareholders, signaling a shift in the industry. Investors are eyeing opportunities in undervalued energy stocks like Shell, poised for growth as global gas demand rises.



Read more at Nasdaq: Big Oil vs. Big Tech: Here’s the Winning Trade Right Now