Unlock stock picks and a broker-level newsfeed that powers Wall Street.
An Oil Stock Riding the ‘Dune Express’ to Success in an Uncertain Energy Rally
In This Article:
Oil stocks are a riddle wrapped in a mystery inside an enigma, but Atlas Energy Solutions stock looks like a winner no matter the answer. The return of President Trump to the White House has boosted hopes that the federal government will continue to push for increased U.S. oil production and less on renewable sources of power, something that could lead to a glut of unused oil—and lower prices still. Atlas Energy, a logistics company that runs a 42-mile-long electric conveyor belt that brings fracking sand from Texas to New Mexico in the Permian Basin, should benefit either way.