Investors Rush To Oil Stocks Despite ESG Push

From oilprice.com

Oil and gas companies have been in the crosshairs of public outrage for years now and the pressure has only been growing, with a new emerging breed of investors pressuring the industry into cleaning up its act. And yet, there seems to be plenty of the old sort of investors, too, the ones who go after returns and pile into oil and gas because they provide returns. In the year to date, the energy sector on the S&P 500 has gained 29.4 percent, Palash Ghosh reported for Forbes. This makes energy the best-performing sector on the S&P 500, followed by finance as a distant second, with a gain of 17.6 percent. The rally in ... (full story)