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-0.000385059684251119 -0.000385059684251119 -0.00116288024643822 0.00192529842125519 0.00346553715825952 0.00269541778975742 0.00462071621101261 0.0103966114747786
Stock impact report

3 Energy Stocks Up More Than 10% YTD With More Room to Run [Yahoo! Finance]

Antero Midstream Corporation (AM) 
Last antero midstream corporation earnings: 4/29 04:15 pm Check Earnings Report
Company Research Source: Yahoo! Finance
The current year's underperformance is attributed to the inflationary business environment and the subsequent Federal Reserve rate hikes, which have had an adverse impact on energy demand. Consequently, the composite stocks within the energy sector have experienced a year-to-date decline of 1.8%. However, oil price is expected to remain attractive in the upcoming months due to ongoing uncertainties surrounding Middle East tensions and the tight global supply of the commodity, which will support crude prices. In its latest short-term energy outlook, the U.S. Energy Information Administration (“EIA”) predicts the average spot price of WTI crude at $85.93 per barrel in the December quarter, higher than $82.25 in the third quarter. For 2024, EIA projects WTI crude spot average price at $89.24 per barrel, significantly higher than its projection of $79.41 for this year. With higher prices, production of the commodity will also possibly increase, aiding exploration and production activi Show less Read more
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