Study Finds Cos. that Stick to O&G Outperform Dabblers in Renewables

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Global research firm Wood Mackenzie recently published an analysis of where investors are putting their money in the energy sector. Unsurprisingly (for us), WoodMac found investors are plowing money like crazy into “pure play” (meaning single focus) oil and natural gas companies instead of into companies that dabble in “low-carbon diversification” (i.e. renewables). Fossil energy companies that stick to their knitting (stay focused on fossil energy) are outperforming renewable-focused companies big time.

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