The Smartest Investors Club
  • Business
  • Politics
  • Investing
  • World
  • Business
  • Politics
  • Investing
  • World

The Smartest Investors Club

Investing

Tracy Shuchart: Energy Demand Exploding — Watching Oil/Gas, Uranium and Grid Stocks

by December 4, 2024
December 4, 2024
Tracy Shuchart: Energy Demand Exploding — Watching Oil/Gas, Uranium and Grid Stocks

Tracy Shuchart, CEO and founder of Hilltower Resource Advisors, discussed the growing need for all types of energy in the US, saying she’s looking for opportunities in oil, natural gas, grid stocks and uranium juniors.

‘I think 2025 is going to be a really good year for energy, absolutely,’ she said. ‘Not just because of the incoming administration that is very pro-energy and very-pro nuclear as well. But I think with this demand explosion that we’re having it’s going to be hard to keep ignoring that sector as people have over the last few years.’

Looking at oil stocks, Shuchart said those who do their research will be able to find bargains outside the majors.

‘The Exxon Mobils (NYSE:XOM), the Chevrons (NYSE:CVX) — they’re always going to perform well. But if you want to take on a little bit more risk, you can look at some of those smaller producers that maybe haven’t performed as well.’

When it comes to natural gas, she said she’s looking at midstream companies due to the growing need for pipelines.

Shuchart is also interested in grid stocks as power demand from artificial intelligence data centers increases.

Those include utilities companies like Southern Company (NYSE:SO), as well as equipment stocks like Siemens (OTC Pink:SMAWF,ETR:SIE), LG Electronics (KRX:066570) and Hitachi (TSE:6501).

In the uranium sector, Shuchart is focused on North American juniors.

‘They’ve been underperforming some of the majors, but now that we’ve had uranium prices kind of hold this US$80, US$85 (per pound) area for a long enough time, that’s enough money that they can be successful,’ she said.

Securities Disclosure: I, Charlotte McLeod, hold no direct investment interest in any company mentioned in this article.

This post appeared first on investingnews.com
0
FacebookTwitterGoogle +Pinterest
previous post
Brien Lundin: Gold’s Key Price Driver Intact, These Stocks Due for Repricing
next post
Mine Sites Leveraging AI, Predictive Technology to Boost Efficiency and Protect Workers

You may also like

EMU NL

Tackling the Talent Shortage in the Mining Industry

Letter from the CEO: Unlocking the True Value...

Supply Chains in Question as Trump Threatens Tariffs...

Nickel Price 2024 Year-End Review

Top 5 Most-popular Gold News Stories of 2024

​Tech 5: Tech Stocks See Strong Q1 Inflows,...

Silver47 Exploration

Heliostar Metals Adds to Board of Directors

Brian Leni: Gold Stocks Now the “Most Glaring”...

    Get free access to all of the retirement secrets and income strategies from our experts! or Join The Exclusive Subscription Today And Get the Premium Articles Acess for Free


    By opting in you agree to receive emails from us and our affiliates. Your information is secure and your privacy is protected.

    Latest

    • Trump claims ‘I don’t know her’ and ‘listened to’ RFK Jr about...

    • Rubio just got an additional job in Trump’s administration — and he’s not the only one wearing multiple hats

    • Sycamore Gap: Two men convicted of felling one of UK’s most famous trees

    • Putin, Xi and friendly world leaders celebrate Russia’s Victory Day at Moscow Parade

    • Ellen Miles is planting seeds of hope through guerrilla gardening

    Categories

    • Business (1,633)
    • Investing (4,791)
    • Politics (7,537)
    • World (6,128)
    • Terms & Conditions
    • Privacy Policy
    • About us

    Disclaimer: thesmartestinvestorsclub.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

    Copyright © 2024 thesmartestinvestorsclub.com | All Rights Reserved


    Back To Top