By David Fessler Over the past several years, the stock market has seen a pretty decent run. Companies in most sectors of the economy have seen their share prices rise significantly.
But this hasn’t been the case for oil and gas…
Over the last two years, the S&P 500 has risen a modest 19%. Shares of oil and gas exploration and production companies, represented by the SPDR S&P Oil & Gas Exploration & Production ETF (NYSE: XOP), are down a whopping 75%.
Compare that with shares of clean energy companies, reflected by the iShares Global Clean Energy ETF (Nasdaq: ICLN). It has an impressive two-year gain …read more
