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Best Energy Stocks for November 2024

1 Australian energy stock to buy confidently and 1 to avoid for now


  Copy link into your clipboard //stocks-investing.news-articles.net/content/202 .. k-to-buy-confidently-and-1-to-avoid-for-now.html
  Print publication without navigation Published in Stocks and Investing on by Motley Fool Australia
          🞛 This publication is a summary or evaluation of another publication 🞛 This publication contains editorial commentary or bias from the source


  These two Australian energy stocks sit at opposite ends of the pole for investors to consider. Let's take a look.

The article from Fool.com.au discusses two Australian energy stocks, one recommended for investment and the other advised to be avoided. Origin Energy is highlighted as a stock to buy confidently due to its diversified operations in energy markets, including electricity and gas, and its strategic shift towards renewable energy sources. The company's strong financial position, with a solid balance sheet and consistent earnings, underpins its attractiveness as an investment. Conversely, Santos is suggested to be avoided for now due to its heavy reliance on oil and gas, which face increasing regulatory and environmental pressures. Santos has encountered project delays and cost overruns, and its future growth prospects are uncertain amidst the global push towards cleaner energy alternatives. The article advises investors to consider the long-term sustainability and adaptability of energy companies in the current market environment.

Read the Full Motley Fool Australia Article at:
[ https://www.fool.com.au/2024/12/05/1-australian-energy-stock-to-buy-confidently-and-1-to-avoid-for-now/ ]

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