2022: The Year When Oil And Gas Stocks Became Market’s Darlings

For several years, oil and gas companies have found themselves the target of attacks from investors, the non-governmental sector, and governments for their alleged lead role in climate change. From shareholder resolutions pushing for greater commitments to reducing greenhouse gas emissions to lawsuits to force oil and gas operators to effectively curb their core business, the barrage has been relentless.

As a result, oil and gas stocks have become the pariah of stock markets in the same way their issuers have become the pariah of the business world.…