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Thus, we think fundamentally sound energy stocks Cimarex Energy Co. (NYSE:XEC) and National Fuel Gas Company (NFG) could soar in price in the near term.
However, the resurgence of the COVID-19 cases is expected to make oil prices volatile in the near term. Thus, we recommend avoiding fundamentally weak energy stocks EQT Corporation (EQT) and U.S. Energy Corp. (USEG).
