Should you invest in oil & gas stocks?

The oil and gas industry has a long track record of cyclical booms and busts, so stock selection is critical if you want to avoid catastrophic losses during downturns in the oil market.

Which oil & gas stocks have risen the most in the past year?

Source: Unsplash. The top-performing oil and gas stocks in the past year include TORM PLC, Teekay Tankers, and Scorpio Tankers. Despite oil prices dropping significantly from their peaks recorded nearly a year ago, these companies have seen their shares rise by well over 100% in the past year, handily beating the 9% drop in the Russell 1000 Index .

What are the different types of oil stocks?

There are several types of oil stocks, including exploration and production companies, pipeline and transportation companies, oilfield technology and services companies, petroleum refiners, and integrated oil majors. Each has advantages and disadvantages.