Continued increases in crude oil and natural gas prices may help energy stocks to outperform broader markets during December. In November, the energy index jumped 5.1% while the S&P 500 Index declined 0.2%.
The following 10 energy stocks could generate attractive returns for investors. Over the past month, these stocks returned around 2.5% on average. In comparison, integrated oil and gas majors Exxon Mobil (XOM), Chevron (CVX), BP (BP), ConocoPhillips (COP) and Total (TOT) slid 0.4% on average during the same period.
These 10 stocks are expected to gain in the range of 2% to 112% over the next 12 months with a mean upside of around 19%, according to analysts. The stocks are listed according to the percentage of total analyst ratings that are buy ratings, lowest percentage to highest.The 6-month charts on the following pages show the performance of each stock, along with the performance of the S&P 500 (identified by the abbreviation INX).