3 Energy Stocks That Could Directly Benefit From the Economy Reopening

Matthew DiLallo, Neha Chamaria, and Reuben Gregg Brewer, The Motley Fool
·5-min read
3 Energy Stocks That Could Directly Benefit From the Economy Reopening

When governments shut down their economies last year to slow the spread of the coronavirus, it caused energy demand to fall off a cliff. Three that our contributors believe could directly benefit from the economic reopening are utility Consolidated Edison (NYSE: ED), refiner Phillips 66 (NYSE: PSX), and oil producer Devon Energy (NYSE: DVN). Reuben Gregg Brewer (Consolidated Edison): Consolidated Edison's utility business is focused on the New York City area.