We just published a list of the 10 Toxic Energy Stocks to Sell Now That the Blue Wave is Here , and APA Corporation (NASDAQ:APA ) ranked 9th on this list.
Energy stocks have enjoyed a strong rally this year, driven primarily by supply disruptions in the Middle East and the Russia-Ukraine war. The blockage on the Strait of Hormuz has choked around a third of the global crude oil and LNG supplies, pushing prices and margins to multi-year highs.
As a result, the overall energy sector has surged...
About the Author Sultan Khalid
Sultan Khalid has been an active writer with Insider Monkey since 2023, covering topics ranging from alcohol/cannabis to energy, utilities, and dividends. He studied Business Administration at the University of Florence… Sultan Khalid has been an active writer with Insider Monkey since 2023, covering topics ranging from alcohol/cannabis to energy, utilities, and dividends. He studied Business Administration at the University of Florence in Italy and then pursued opportunities in the European non-profit and venture capital sectors. He remains proficient in Urdu, Punjabi, English, Italian and has a good understanding of Spanish, French, and Mandarin. Read more Read less Disclosure Author disclosure:
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