ENERGY & INCOME ADVISOR

› Please join us Thursday, February 29 starting at 2 pm for our live webchat. Thanks for reading. So far this year, EIA Model Portfolio recommendations are up an average of 2.4 percent, while High Yield Energy List are up 7 percent. That compares to a 3.2 percent return for the S&P Energy Index and -2.5 percent for the Philadelphia Oil Service Sector Index. That's so far an underperformance of the S&P 500's 6.9 percent, which is still dominated by the biggest stocks in the Nasdaq 100 (up 7.2 percent). But more recently, energy stocks have been closing the gap, and despite generally lackluster action in commodity prices. North American benchmark Henry Hub natural gas, for example, last week traded as low as $1.50 per million BTUs, its lowest level since early Q4 2020. One reason for the better performance of energy stocks versus the commodities is the strong Q4 earnings and 2024 guidance issued by many companies. This issue's feature article focuses on how Model Portfolio and High Yield..

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