Putting this out there so others can research in tandem. Biden to invoke the DPA for clean energy / mineral production.
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So, so far I’m reading this is further pushing for some of his build back better plans under the guise of national defense/preparation. Interesting.
Anyway imo energy sector tickers that could potentially benefit from this is DUK, ET, and OKE. I’ll dig into more when I get a chance.
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DUK: All time high it seems, consistent dividends.
ET: Was hit hard in 2015, and never really recovered. This one I want to dig deeper into, if the US ramps up LNG and crude to export to EU, ET might be set for a rip. But I want to understand why it hasnt risen as much as the other two…
OKE: Seems to be gaining good allready, also pretty decent dividends !
All three have next earnings in the first week of May.
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Hello liberals and green people, just wanted to share as an update to the post above regarding the DPA and energy. Since May 12 or so we have seen a gradual incline in tickers like RUN etc. adding to watch.