U.S.-listed energy companies that demonstrate a combination of upward price momentum, low debt levels and favourable operating margins. These companies are of particular interest given the outperformance of the energy sector compared with all other sectors in the S&P 500 Index year-to-date. The Energy Sector Fund ETF has emerged as the top-performing S&P 500 sector ETF, with an impressive return of 17.1 per cent. In light of this, we aimed to identify U.S.
Next, we screened for energy stocks that have a debt-to-equity ratio of less than 1. A debt-to-equity ratio less than 1 means a company has more money from owners than it owes to lenders , which lowers risk and gives more flexibility for growth. The higher the ratio, the more leveraged the company is.
Finally, we screened for stocks in the energy sector that have the highest TC Momentum Factor rating. The momentum factor refers to the tendency of winning stocks to continue performing well in the near term.is a global leader in financial market research and investment analytics for retail online brokers and institutions.