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Top oil and gas stocks to buy now in Australia

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          🞛 This publication is a summary or evaluation of another publication 🞛 This publication contains editorial commentary or bias from the source
Analysts believe that these stocks could energise portfolios with some big returns. The post Top oil and gas stocks to buy now in Australia appeared first on The Motley Fool Australia.
The article from MSN Money discusses the top oil and gas stocks in Australia that investors might consider buying. It highlights the sector's resilience and potential for growth due to global energy demands and geopolitical influences affecting oil prices. Key points include:

  • Woodside Energy Group Ltd: Noted for its significant merger with BHP's petroleum business, enhancing its position in the market with a focus on LNG.

  • Santos Ltd: Mentioned for its diversified portfolio across gas, LNG, and oil, with a strategic focus on Asia-Pacific markets.

  • Beach Energy: Recognized for its operations in the Cooper Basin and its shift towards gas, which is seen as a cleaner alternative to oil.

  • Karoon Energy: Highlighted for its offshore operations in Brazil and Australia, offering potential for high returns due to its exploration successes.

    The article also touches on the broader market conditions, suggesting that despite the push towards renewable energy, oil and gas companies remain crucial for energy security, offering stability and dividends to investors. It advises considering these stocks for their potential in both short-term gains from current market conditions and long-term value from ongoing energy needs.

    Read the Full MSN Article at:
    [ https://www.msn.com/en-au/money/top-stocks/top-oil-and-gas-stocks-to-buy-now-in-australia/ar-AA1vhDZu ]