Investors interested in the energy sector could benefit from focusing on resilient stocks like Diamondback Energy, ExxonMobil and Devon Energy.
Devon Energy (DVN) with its multi-basin portfolio and diverse commodity mix, is a consistent performer and is poised to move higher from the current levels.
It would be wise to focus on DVN & FANG stocks, as the crude price is favorable with BKR's weekly rig count report stating that the tally is increasing.