The Daily Reckoning Australia
 
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Dear Reader,

2023 could be the year for energy plays.

The ASX 200 Energy Index [ASX:XEJ] is currently up 50% from its March 2020 bottom.

And the Energy Select Sector SPDR Fund [NYSE:XLE] — an ETF that includes the world’s largest energy companies — is up an even more impressive 172% gain over the same period.

Greg Canavan believes this is just the start of a multiyear upside for the energy sector (based on his findings outlined in this briefing).

He also reveals specific energy stocks that could do a whole lot better than their ASX peers if and when this happens.

One of them is an Aussie firm with considerable oil and gas assets.

And it’s investing $1 billion to boost production significantly in 2024, just when the energy sector is in full swing.

If that happens and it hits its stated goals, Greg predicts this stock’s valuation could be 181% higher than it is today by 2025.

You can get Greg’s full rationale for this prediction, including the ticker symbol, risk profile, and why he believes it’s a smart long-term play, in his latest briefing.

Access it here.

Cheers,

James Woodburn Signature

James Woodburn,
Publisher, Fat Tail Investment Research

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