Energy sector declined in April, but LNG bullish with US leading export, Baker Hughes has high potential.

From Yahoo Finance: 2025-04-29 09:21:00

The energy sector saw declines in April due to global trade war fears, with oil and gas falling over 15% YTD. Crude oil prices have dropped over 25% YoY to below $62. However, LNG remains bullish, with the US leading as the largest exporter. AI-driven data centers are increasing electricity demand, with natural gas and nuclear energy seen as growth drivers. Baker Hughes Company (BKR) is ranked 8th for highest upside potential, expecting $27.75 billion revenue in FY 2025. Despite potential tariffs impact, BKR aims to benefit from the US LNG boom and return cash flow to shareholders.



Read more at Yahoo Finance: One of the Top Energy Companies with the Highest Upside Potential