Energy stocks have regained momentum in 2026.
Oil prices remain well above their long-term averages, global demand for liquefied natural gas (LNG) continues to grow, and electricity consumption is accelerating as artificial intelligence (AI) data centers and electrification place new demands on the power grid
Not every energy company will benefit equally. But if you’re looking for stocks with clear catalysts over the next 12 months, these three stand out. ExxonMobil ExxonMobil (NYSE: XOM) has built one of the oil industry’s lowest-cost, highest-return businesses.
And its biggest advantage is Guyana, where the company has now discovered more than 11 billion barrels of recoverable oil equivalent, making it one of the largest oil discoveries in decades. Production recently surpassed 700,000 barrels per day, and management expects Guyana to produce about 1.7 million barrels per day by 2030. That country is also one of the world’s lowest-cost oil sources, with break-even prices estimated at less than $35 per barrel.